How much funding has Hyperloop One raised?

Hyperloop One has raised $449.0M in total funding, most recently a Venture Round.

Who are Hyperloop One's investors?

Hyperloop One's investors include DP World Group, Sherpa Capital, Caspian VC Partners, OurCrowd, Summa Group, 137 Ventures.

When was Hyperloop One founded?

Hyperloop One was founded in 2014.

Where is Hyperloop One headquartered?

Hyperloop One is headquartered in Los Angeles, California, United States.

What industry is Hyperloop One in?

Hyperloop One operates in Deep Tech, Transportation.

How many employees does Hyperloop One have?

Hyperloop One has 201-500 employees.

Hyperloop One

Closed

Moving People and Cargo at the Speed of Flight

Los Angeles, United States · Founded 2014 · $449.0M raised

Deep Tech

Transportation

Headquarters: Los Angeles, California
Employees: 201–500
Founded: 2014
Business Model: B2G

Website: hyperloop-one.com
Total Funding: $449.0M
Last Round: $225.0M Venture RoundMay 2019
Rounds: 5

About

Hyperloop One (later rebranded as Virgin Hyperloop) was an American transportation technology company working to commercialize high-speed travel through low-pressure tubes using magnetic levitation. Founded in 2014 in Los Angeles by Shervin Pishevar, Brogan BamBrogan, and Josh Giegel, the company raised hundreds of millions of dollars and conducted successful proof-of-concept tests at its DevLoop facility in Nevada. It received backing from DP World and Virgin Group. After pivoting to freight-only in 2022 and losing the Virgin branding, the company failed to win any commercial contracts and ceased operations on December 31, 2023.

Summary

Hyperloop One is a Deep Tech company based in Los Angeles, United States, founded in 2014. It has raised $449.0M in total across 5 rounds, most recently a $225.0M Venture Round round in May 2019. Investors include DP World Group, Sherpa Capital and Caspian VC Partners.

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