Aeva raises $115 million to fund AI infrastructure growth
Published on: June 6, 2026, 3:28 p.m. | Source: scanx.trade
Aeva Technologies, Inc. closed a $115 million follow-on public offering, selling 5.17 million shares at $22.25 each, including the full exercise of the underwriters' option. Proceeds will fund general corporate purposes, with a focus on AI infrastructure and Co-Packaged Optics. The offering was managed by Morgan Stanley, Goldman Sachs & Co. LLC, and Oppenheimer & Co.
