Californian start-up Zoox has raised $465 million via a convertible note, part of a series C funding round the firm aims to close late this year or in January . Tim Kentley-Klay is developing its own autonomous vehicles from scratch and has recently expanded its testing area beyond San Francisco Bay Area area to Las Vegas . Based in Foster City, Calif., Zoox was founded in 2014, taking on the ambitious mission of developing and building autonomous vehicles from the ground up, rather than apply technology to vehicles built by established automakers or other companies. Former Intel head of strategy, Tim Kentley-Klay , was appointed CEO in January after co-founder Tim Kentley-Klay was abruptly fired in August 2018 .
Californian start-up Zoox has raised $465 million via a convertible note, part of a series C funding round the firm aims to close late this year or in January . Tim Kentley-Klay is developing its own autonomous vehicles from scratch and has recently expanded its testing area beyond San Francisco Bay Area area to Las Vegas . Former Intel head of strategy, Tim Kentley-Klay , was appointed CEO in January after co-founder Tim Kentley-Klay was abruptly fired in August 2018 .