HyperLoop Transport
HyperLoop Transport Raises $890M Series D to Transform Transportation
Quick Facts
HyperLoop Transport
Commercial hyperloop transportation system achieving 600 mph speeds for cargo and passenger transport between major cities.
About the Funding
HyperLoop Transport has successfully raised $890M in a Series D funding round, bringing their total valuation to $13.2B. This significant investment will fuel the company's mission to complete los angeles-san francisco route, advance international projects, and develop autonomous pod technology.
Use of Funds
Complete Los Angeles-San Francisco route, advance international projects, and develop autonomous pod technology
Company Overview
Commercial hyperloop transportation system achieving 600 mph speeds for cargo and passenger transport between major cities.
Key Investors
- • Virgin Group
- • SpaceX Ventures
- • Softbank Vision Fund
- • DP World
Founders
- • Alex Martinez
- • Dr. Priya Singh
Previous Rounds
Market Impact
This funding round positions HyperLoop Transport as a leader in the Transportation space, with the capital to accelerate innovation and expand their market presence. The investment reflects growing confidence in transportation solutions and the company's potential to transform the industry.
Key Investors
About the Author
Related Company Reports
AeroTaxi Urban Raises $1.1B Series E to Revolutionize Transportation
AeroTaxi Urban secures $1.1B in Series E funding at $16.8B valuation to complete faa certification, establish air taxi networks in 20 cities, and scale aircraft manufacturing.
Lyft transforms transportation industry with $2.3B IPO at $15B valuation
Lyft achieves $15B valuation through $2.3B IPO funding, establishing dominance in the transportation market with innovative ride-sharing and transportation network platform.
Uber achieves $120B valuation with $8.1B IPO funding
Uber reaches $120B valuation through $8.1B IPO funding, solidifying its position as a transportation industry leader.
