Zoox raises USD 500M at USD 3.2B post-money valuation

Jul 17, 2018 · Funding · Zoox · Automotive

Zoox raised USD 500 million in new financing at a USD 3.2 billion post-money valuation.

The company completed a private financing round with source-backed terms.

Zoox company media
Company media · Zoox
  • The financing was led by Atlassian co-founder Michael Cannon-Brookes and Primavera Capital founder Fred Hu.
  • The completed round carried a $3.2 billion post-money valuation.
  • The $800 million total cited in coverage represented cumulative funding, while this round contributed $500 million.

Zoox develops a purpose-built autonomous robotaxi service with its own bidirectional electric vehicle, autonomy stack and rider experience.