Zoox raises USD 50M at around USD 1.55B post-money valuation
Zoox raised USD 50 million from Composite Capital at an approximately USD 1.55 billion post-money valuation.
Why it matters
The company completed a private financing round with source-backed terms.
Evidence notes
- Composite Capital supplied the $50 million financing.
- Contemporaneous reporting placed the post-money valuation at approximately $1.55 billion.
- This financing followed Zoox’s earlier $200 million round and preceded its 2018 $500 million round.
Company context
Zoox develops a purpose-built autonomous robotaxi service with its own bidirectional electric vehicle, autonomy stack and rider experience.