Virgin Hyperloop One has raised $172 million in new funding to bring its futuristic transportation dreams to life, according to new filings with the United States government. At least $90 million has come from existing investor DP World, a bigger Dubai port operator, The Verge has learned.
The hyperloop startup is also seeking up to $224 million in this equity sale, according to the filing. Eighty investors have contributed to the round, and specific investors weren’t named. The funding amount was disclosed in a new filing with the Securities and Exchange Commission on Tuesday, which was early reported by Crunchbase News.
DP World and Virgin Hyperloop One recently applied for (and were…
The post Virgin Hyperloop One raises $172 million to advance its futuristic transportation dreams appeared early on .