Hyperloop One raises $85 mn at a valuation of $700 mn
Hyperloop One on Thursday announced it has raised $85 million reportedly valuing the company at $700 million. The round saw participation from existing investors including Caspian VC Partners and OurCrowd.com. Founded in 2014, the high-speed transportation technology startup, which identified Mumbai-Chennai as a potential hyperloop route, has a total funding of $245 million to date.