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Aeva

Mountain View, California, United States Technology Public

Aeva Technologies designs, manufactures and sells LiDAR sensing systems and related perception software built on frequency modulated continuous wave (FMCW) technology it markets as 4D LiDAR, measuring 3D position and instant velocity simultaneously. Products include the Atlas and Atlas Ultra automotive-grade sensors for SAE Level 3 and 4 automated driving, the Omni short-range sensor, Eve1 laser displacement sensors, and CityOS traffic intelligence software. In 2026 Aeva added an Optical Connectivity business applying its high-power optical source technology to AI data center interconnect. Founded in 2016 by former Apple engineers Soroush Salehian and Mina Rezk; headquartered in Mountain View, California.

Public Company

Aeva is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2016

Employees

201–500

Total Funding

$513.5M

5 rounds

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
Fundraise Recent amount $115M; $22.25/share 2026-06-05

Closed $115M follow-on public offering (5.17M shares at $22.25) incl. full exercise of underwriters' option; Morgan Stanley, Goldman, Oppenheimer.

Fresh public equity extends runway; dilution but reduces near-term financing risk

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $513.5M across 5 rounds

Last updated 10-12-2026

DateRoundAmount RaisedValuationLead Investors
Jan 4, 2021 PIPE (pre-SPAC merger) TechCrunch $200M — Sylebra Capital
Nov 2, 2020 PIPE (pre-SPAC merger) TechCrunch $120M $2.1B Not disclosed
Dec 11, 2019 Strategic - Porsche SE TechCrunch Not disclosed — Porsche SE

Leadership

  • Soroush Salehian Dardashti

    Co-Founder, Chief Executive Officer and Director

    LinkedIn
  • Mina Rezk

    Co-Founder, President, Chief Technology Officer and Chairman of the Board

  • Rupesh Maheshwari

    Interim Chief Financial Officer and Vice President, Corporate Controller

  • Andrew Fung

    Senior Director of Investor Relations and Corporate Development

Aeva Investment FAQ

Aeva FAQ

Aeva has traded publicly since 12 March 2021, when it completed a business combination with the special purpose acquisition company InterPrivate Acquisition Corp. and began trading on the New York Stock Exchange under the ticker AEVA on 15 March 2021. It moved its listing to the Nasdaq Global Select Market on 28 January 2025, keeping the AEVA symbol. It has since financed itself in the public markets, most recently through a $115 million follow-on offering that closed on 3 June 2026.

Aeva shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

Aeva raised $513.5M across 5 disclosed funding rounds prior to its public listing.

Aeva was co-founded by Soroush Salehian Dardashti, and Mina Rezk in 2016.

Aeva is headquartered in Mountain View, California, United States.

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