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Orlando startup to double in size after investment deal (by Alex Soderstrom)

Orlando-based’s recent $27 million funding deal was made possible by another Orlando tech company: Luminar Technologies Inc.

San Francisco-based investment firm Crescent Cove Advisors LP has been an investor in autonomous vehicle sensor firm Luminar (Nasdaq: LAZR) since 2019. Luminar co-founder and Chief Technology Officer Jason Eichenholz is a friend and supporter of founder and CEO Chakri Toleti, and Eichenholz previously said “could be Orlando’s next unicorn.”