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Zoox Raises $200 Million
Autonomous-car startup Zoox Inc. says it has raised another $200 million from unspecified investors as part of third-round funding expected to close within the next few months.
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California-based autonomous-car startup Zoox Inc. says it has raised another $200 million from unspecified investors in third-round funding that’s expected to close within the next few months.
Last year Zoox netted nearly $500 million in Series B funding. The company has been valued at $3.2 billion.
Founded in 2014, Zoox is developing its own autonomous vehicle from the ground up. The company is testing its cars on public streets in California.
In January, Zoox hired former Intel Corp. executive Aicha Evans as CEO. She succeeded Zoox co-founder Tim Kentley-Klay, who was abruptly ousted last year.
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