PlusAI has agreed to go public through a business combination with special purpose acquisition company Texas Ventures Acquisition III Corp, in a deal valuing the autonomous trucking software company at approximately $800 million before new investment.
The transaction could provide PlusAI with up to approximately $300 million in capital, comprising more than $60 million of fully committed financing and approximately $236 million held in the Texas Ventures III trust.
The companies expect the transaction to close in 2026, subject to customary closing conditions. The combined business will continue to operate as PlusAI. [Read more…] about PlusAI to go public in $800 million SPAC deal










