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TBH, Luminar declaring bankruptcy was not on my bingo card for this year. More color is here: https://techcrunch.com/2025/12/15/lidar-maker-luminar-files-for-b
by aanet 11mo ago
TBH, Luminar declaring bankruptcy was not on my bingo card for this year.
More color is here: https://techcrunch.com/2025/12/15/lidar-maker-luminar-files-for-bankruptcy/ https://techcrunch.com/2025/12/15/lidar-maker-luminar-files-...
Apparently they owe $10M to Scale AI and $1M to Applied Intuition, among others. And Volvo ended up cancelling their contract.
Not entirely sure how/why the founder left in a hurry
Hardware business is hard...