Hyperloop Raises Another US$ 50 Million, Richard Branson To Take On Chairmanship

Posted on 12/19/2017

Virgin Hyperloop One, previously known as Hyperloop One, has raised an additional US$ 50 million in funding to avoid cutting its staff of some 300 employees, although organizational restructuring is likely to follow, according to sources. New funding was provided by Caspian Venture Capital Partners of Russia and Dubai’s DP World, one of the world’s […]

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