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GM, Palantir-backed Wejo to go public via SPAC

TechCrunch - 29 May 2021 01:51
GM, Palantir-backed Wejo to go public via SPAC Wejo, the connected vehicle data startup backed by GM and Palantir, plans to go public through a merger with special purpose acquisition company Virtuoso Acquisition Corp. The agreement, announced in a regulator filing Friday, will give the combined company an enterprise valuation of $800 million, which includes debt. The deal raises $330 million in proceeds […]
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