Hyperloop One Raises $85M More

Los Angeles-based Hyperloop One, which is building high speed, Hyperloop transportation systems, says it has raised $85M in a Series B-1 funding round. The funding brings the company's total raised to $245M since it was founded in 2014. The new funding came from Caspian VC Partners (as part of Summa Group and, DP World, WTI, as well as the company's existing investors. More information »