Tech Company Financing Transactions
Virgin Hyperloop One Funding Round
On 10/14/2016, Virgin Hyperloop One secured $50 million in funding from DP World Group and private investors.
Transaction Overview
Company Name
Announced On
10/14/2016
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
DP World Group (Lead Investor) (Sultan Sulayem)
Proceeds Purpose
The plan is to use the cash to continue making progress on development in Dubai and throughout the world.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
2159 Bay St.
Los Angeles, CO 90021
USA
Los Angeles, CO 90021
USA
Phone
Undisclosed
Website
Email Address
Overview
Virgin Hyperloop One builds 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.
Management Team
Title
Name
Email & Social
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