Cruise raises $1.15B at a $19B valuation
Cruise raised $1.15 billion from T. Rowe Price-advised funds, GM, SoftBank Vision Fund and Honda at a $19 billion post-money valuation.
Why it matters
The round lifted Cruise's private mark to $19 billion and added institutional capital alongside its strategic shareholders.
Evidence notes
- T. Rowe Price-advised funds joined GM, SoftBank Vision Fund and Honda in the equity investment.
- The financing established a $19 billion post-money valuation.
- The valuation incorporated SoftBank's previously announced investment commitment.
Company context
Historical robotaxi developer integrated into General Motors autonomy programmes in 2025.