Jeff Bezos bet on Aurora. VCs say it could become the next Waymo. - Business Insider

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Jeff Bezos bet on Aurora. VCs say it could become the next Waymo. - Business Insider
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Jeff Bezos is betting on a self-driving startup run by former heads of Google, Tesla, and Uber's AV projects. And the startup is primed to become the next leader in the space, VCs say.

has been an exception to the trend, staying independent while developing an automated-driving system it hopes to one day sell to trucking and auto companies. But its lack of a deep-pocketed parent hasn't damaged its reputation, at least not among venture capitalists.

When Business Insider asked Sakkers and six other VCs which autonomous-vehicle startups they believe have the most promise, Sakkers and three others picked Aurora. No other company received as many endorsements. Sakkers called the trio "the dream team of autonomy." Mark Norman, a partner at Fraser McCombs Capital, said he has "deep respect" for them.

earlier this year that one mile driven in a virtual-testing system can have as much value as 1,000 miles driven in the real world.An autonomous-vehicle company needs loads of money to have any chance of delivering on its ambitions.

 

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