Luminar CEO Austin Russell, right, works with his co-founder Jason Eichenholz.

Luminar CEO Austin Russell, right, works with his co-founder Jason Eichenholz.

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Volvo is the latest automaker to bet on this 23-year-old's startup

Luminar launched in 2012 when its founder was barely old enough to get a driver's license. Now it finds itself at the heart of the burgeoning self-driving car industry.