Luminar Technologies developed lidar sensors, perception software and autonomous driving technology for automotive OEMs, commercial-vehicle makers and robotaxi programs. Founded in 2012 by Austin Russell, it listed on Nasdaq in December 2020 through a SPAC merger and filed for Chapter 11 bankruptcy in December 2025 after losing its Volvo production contract. In February 2026 it sold Luminar Semiconductor to Quantum Computing Inc. and its lidar business to MicroVision, then ceased operations. A court-confirmed plan of liquidation took effect on April 6, 2026, cancelling all equity and vesting the remaining assets in a liquidating trust.
Luminar is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2012
Employees
1–10
Total Funding
$335.36M
5 rounds
Chapter 11 plan of liquidation took effect: all equity cancelled for no recovery and the remaining assets vested in a liquidating trust.
Deregistered its stock, ceased operating; shareholders received nothing and a liquidation trustee now runs the shell.
MicroVision won bankruptcy auction, acquiring Luminar's Iris/Halo lidar inventory and engineering teams for $33M.
Core lidar business absorbed by a competitor; little to no recovery left for prior equity holders.
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $335.36M across 5 rounds
Last updated 09-23-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Oct 2020 | Series X (second close) | $13.9M | — | |
| Aug 24, 2020 | Series X | $170M | $2.9B *estimated | |
| Jan 2018 | Series B | $114M | — | Not disclosed |
Paul Ricci
Chief Executive Officer
Austin Russell
Founder, Board Member
Marc Losiewicz
Chief Business Officer and General Manager
Alex Fishkin
Chief Legal Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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Ouster
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Luminar went public on Nasdaq as LAZR through a SPAC merger with Gores Metropoulos that closed on December 3, 2020, and filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas on December 15, 2025. Trading moved to the OTC Pink market as LAZRQ on December 24, 2025 and Nasdaq removed the shares from listing effective February 2, 2026; the company sold Luminar Semiconductor to Quantum Computing Inc. on February 2, 2026 and its lidar business to MicroVision on February 3, 2026, then ceased operations apart from winding down. The Bankruptcy Court confirmed a Fourth Amended Chapter 11 Plan of Liquidation on April 3, 2026 and it became effective on April 6, 2026: all outstanding equity was cancelled for no recovery, the remaining assets vested in a liquidating trust, every director and officer resigned, and the company filed a Form 15 to deregister its stock and suspend SEC reporting.
Luminar 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.
Luminar raised $335.36M across 5 disclosed funding rounds prior to its public listing.
Luminar was founded by Austin Russell in 2012.
Luminar is headquartered in Orlando, FL.
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