Hyundai-backed Motional buys time with a bridge loan

TechCrunch
By Kirsten KorosecMar 15, 2024, 1:54 pm177 pts
Autonomous vehicle technology startup Motional has secured a bridge loan that provides a temporary financial reprieve as the company searches for a longer term source of funding, TechCrunch has learned. Motional CEO Karl Iagnemma told staff in a companywide email view by TechCrunch that the company’s board of…

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