Case study: Aurrigo – the 30 year old start-up
Coventry-based transport technology company Aurrigo joined the AIM market in September 2022. Unlike most of its peers, it was not a thrusting young company, but one that was almost 30 years old, with a history of continuous innovation and growth, supported by intelligent use of various sources of funding.
The Aurrigo story starts in 1993 when David Keene, with extensive experience in developing electronics and software for the automotive industry, spotted a gap in the market for a technology-led engineering company that could design, develop and manufacture innovative products and solutions for both premium vehicle OEMs and the global Tier 1 suppliers that provide parts and services to them. Aurrigo grew to be a trusted supplier to companies such as Jaguar Land Rover, Aston Martin and Bentley, but the real turning point came in 2016 when it started developing automated vehicles.
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