Self-driving truck firm PlusAI takes third run at listing, this time at $800M
$800M. That's PlusAI's third attempt at going public in five years — and this time it's happening.
Why it matters
A major autonomous-systems company is finally reaching public markets after repeated SPAC failures. The valuation and timing signal investor appetite (or desperation) for autonomous trucking as a solved problem — or a bet that it will be soon.
The key facts
11 to knowPlusAI merging with Texas Ventures Acquisition III Corp.
Pre-money equity valuation: ~$800 million
Third IPO/SPAC attempt in five years (prior attempts: May 2021 with Hennessy Capital Investment Corp. V, and one unnamed attempt between then and now)
Company: autonomous trucking software developer
Date: September 3, 2026
PlusAI merger valuation: $800M pre-money equity
Third public listing attempt in five years (prior attempts: Hennessy Capital in May 2021, and one other)
Merger partner: Texas Ventures Acquisition III Corp. (blank-check company)
Company name: Plus Automation Inc. (trading as PlusAI)
Business: autonomous trucking software developer
Published: September 3, 2026
Go to the source
SiliconAnglesiliconangle.com
Publisher excerpt: Autonomous trucking software developer Plus Automation Inc., known as PlusAI, said today it will go public through a merger with blank-check company Texas Ventures Acquisition III Corp. at a pre-money equity value of about $800 million. That makes three attempts at a listing in five years. Hennessy…