Info
Info

Zoox receives a $500 million funding

News
Info

Zoox, an autonomous driving start-up, has managed to raise funds amounting to $500 million in an investment round led by Mike Cannon-Brookes of Grok Ventures.

The new round of investment takes the total funding that Zoox received to $800 million. The company valuation has increased to $3.2 billion. Zoox was valued at $2.7 billion before receiving the funding.

Zoox plans to introduce a ride-hailing service that is fully autonomous as well as electric to the public by 2020. The fully autonomous ride-hailing market is set to see fierce competition since bigger players like Uber and Lyft are also working towards the same goal.

Zoox was founded by Tim Kentley-Klay and Jesse Levinson and has a team of 500 people working in the company.


The Latest News, Brought To You By
Zoox receives a $500 million funding
Modified on Monday 23rd July 2018
Find all articles related to:
Zoox receives a $500 million funding
TaaS Technology Magazine
Info
Endesa Is To Install 22 Quick Recharging Points In 11 BDMED Service Stations
Six European Cities Will Use Artificial Intelligence To Move Towards Carbon Neutrality
Mercedes-Benz ECitaro Receives “Blue Angel” Environmental Label
Trustonic Joins Car Connectivity Consortium To Protect Connected Car Apps
NAVYA Equips Japan’s First Public Service Of Autonomous Mobility In The City Of Sakai
Keysight’s Scienlab Test Solution To Be Used By BMW At Its Battery Cell Competence Centre
DB Schenker Invests In Volocopter As It Extends Series C Round To €87 Million
OXBOTICA AND CISCO TO SOLVE AUTONOMOUS VEHICLE DATA CHALLENGE WITH PIONEERING OPENROAMING PLATFORM
Bosch And Human Horizons To Cooperate On Battery In The Cloud Service
Plug Power Partners With Lightning Systems To Build Fuel Cell-powered Class 6 Electric Trucks
Pininfarina’s Battista Anniversario Set To Be Unveiled In Geneva
Groupe Renault Reveals Details Of The All Electric City Car Twingo Z.E.
Safety In Cars: Infineon’s AURIX Is The First Embedded Safety Controller Worldwide To Be ASIL-D Certified
Honda To Demonstrate Its Range Of Electrified And Connected Technologies At 2020 Geneva Motor Show
HELLA Launches Latest 77 GHz Radar Technology
Honda Establishes New Company Responsible For MaaS Business In Japan
Micron And Continental Accelerate Machine Learning At The Edge
Sion Power Demonstrates High Energy Density Lithium-Metal Rechargeable Battery Cell Technology
Dana Launches Production Of Spicer Electrified ES9000r E-Axle For Class 4 And 5 Commercial Vehicles
SwRI’s Motion Prediction Algorithms Enhance Safety Features For Automated Vehicles
Eurasian Resources Group Considers Opening A Battery Material Plant
Lucid Motors Announces Partnership With LG Chem
Global Electric Car Count Climbs From 5.6 To 7.9 Million
Porsche Ventures Invests In US Software Company DSP Concepts
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}