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James Duncan Davidson / TED

Aurora Innovation, the stealth startup founded by the former CTO of Alphabet's self-driving car project, has raised over $3 million in venture capital funding, according to an SEC filing.

The team: Along with CEO Chris Urmson, who left Alphabet last year, the startup also boasts Sterling Anderson, who previously oversaw Tesla's Autopilot software. The company has also hired several of Uber's self-driving car engineers in Pittsburgh (many of which Uber lured away from Carnegie Mellon a couple of years ago), as well as engineers who have worked at Tesla, Nvidia, and Google. Many of them self-identify on LinkedIn as working for "Stealthy McStartup."

Tesla tangle: About a month before Alphabet's self-driving car unit sued Uber, alleging trade secret theft and breach of non-poaching agreement, Tesla Motors filed an eerily similar lawsuit against Aurora and Anderson. In the complaint, Tesla says that Anderson downloaded and kept proprietary company files to his personal computer, attempted to poach Tesla employees (only two accepted), and even worked on Aurora with Urmson while still employed by Tesla.

The company: Aurora will develop a "full package" of software, hardware, and data to sell to automakers who want to build their own autonomous cars, according to Recode, which first reported on Urmson's new project.

The financing: The company raised just over $3.1 million last month. Allen & Company managing director Ian Smith is listed as member of Aurora's board, likely a sign that his firm invested. No other backers were disclosed, although it's likely that Aurora plans to soon raise a larger institutional round.

Go deeper

FTC releases findings on how Big Tech eats little tech

Photo illustration: Sarah Grillo/Axios. Photo: An Rong Xu/Washington Post via Getty Images

Federal Trade Commission chair Lina Khan signaled changes are on the way in how the agency scrutinizes acquisitions after revealing the results of a study of a decade's worth of Big Tech company deals that weren't reported to the agency.

Why it matters: Tech's business ecosystem is built on giant companies buying up small startups, but the message from the antitrust agency this week could chill mergers and acquisitions in the sector.

First look: Biden's economic case for green cards

Photo: Win McNamee/Getty Images

The White House Council of Economic Advisors (CEA) is promoting the economic benefits and costs of providing green cards to millions of unauthorized immigrants in a blogpost being released on Friday, according to a draft provided to Axios.

Why it matters: The post comes as the fate of millions of immigrants, including those with Temporary Protected Status or DACA protections, rests with Congress — and the Senate parliamentarian.

Ina Fried, author of Login
1 hour ago - Technology
Column / Signal Boost

Facebook's social balance is in the red

Illustration: Megan Robinson/Axios

Facebook is essential to our lives. Facebook is ruining our lives. Holding both these truths at once will make your head hurt.

While covering the Olympics in Tokyo, I spent a ton of time on Facebook. Each day, during several hourlong bus rides, I would see who was online in Messenger and share photos and stories there with family and friends. I also posted frequently on my news feed.