Cruise raises $750M from Honda at a $14.6B valuation

Oct 3, 2018 · Funding · Cruise · Automotive

Honda made an immediate $750 million equity investment in Cruise at a $14.6 billion post-money valuation.

Honda became a strategic Cruise shareholder and development partner while Cruise remained a separately financed GM subsidiary.

Cruise company media
Company media · Cruise
  • Honda separately committed approximately $2 billion over 12 years to autonomous-vehicle development work.
  • The equity transaction valued Cruise at $14.6 billion post-money.

Historical robotaxi developer integrated into General Motors autonomy programmes in 2025.