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
-
TRW Multi-Axis Acceleration Sensors Developed
Admittedly, this appears to be nothing more than a plastic molded part with an inserted bolt-shaped metal component.
-
The Koenigsegg Jesko Has An Amazing Engine
It is hard to believe that this is a vehicle in “serial” production with such extraordinary powertrain performance
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
