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Venture Capital News: Hyperloop One Snares $80M in Series B

2016-05-11
LOS ANGELES, CA, Hyperloop One has raised $80 million in a Series B funding round.
Hyperloop One has raised $80 million in a Series B funding round from a mix of existing investors such as Caspian Venture Partners, EightVC, Sherpa Ventures, and ZhenFund as well as new investors, including GE Ventures, Fast Digital, Khosla Ventures, France's national railway SNCF, and Western Technology Investment.

At Hyperloop we build incredible pieces of advanced machinery. We are inventing the technology of the future of transportation and to make sure we get it right we have developed unique testing capabilities. Whether it is state of the art wind tunnels, levitation rigs or electromagnetic test stands our world-class engineering team has built them in record time. We're building the 5th mode of transportation
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