Mexican Media Brands
Zoox Raises $200 Million
Autonomous-car startup Zoox Inc. says it has raised another $200 million from unspecified investors as part of third-round funding expected to close within the next few months.
Share
California-based autonomous-car startup Zoox Inc. says it has raised another $200 million from unspecified investors in third-round funding that’s expected to close within the next few months.
Last year Zoox netted nearly $500 million in Series B funding. The company has been valued at $3.2 billion.
Founded in 2014, Zoox is developing its own autonomous vehicle from the ground up. The company is testing its cars on public streets in California.
In January, Zoox hired former Intel Corp. executive Aicha Evans as CEO. She succeeded Zoox co-founder Tim Kentley-Klay, who was abruptly ousted last year.
RELATED CONTENT
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
-
Cobots: 14 Things You Need to Know
What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots.
-
Jeeps Modified for Moab
On Easter morning in Moab, Utah, when the population of that exceedingly-hard-to-get-to town in one of the most beautiful settings on Earth has more than doubled, some people won’t be hunting for Easter eggs, but will be trying to get a good look at one of the vehicles six that Jeep has prepared for real-life, fast-feedback from the assembled at the annual Easter Jeep Safari.
