Zoox raises USD 50 mln, pushing valuation to USD 1.55 bln

Tuesday 8 November 2016 | 09:51 CET | News
Zoox, an electric vehicle specialist looking to move into self-driving cars, raised USD 50 million in October, pushing its valuation to USD 1.55 billion, the Wall Street Journal reported. The funding round included investment from Composite Capital, a Hong-Kong-based hedge fund launched recently by David Ma, sources said.

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Categories: Mobile & Wireless
Companies: Apple
Countries: World
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