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Virgin Hyperloop

company

About

Virgin Hyperloop is a developer of a transportation technology used to deliver fast, direct, and sustainable transportation at scale.

Details

Last Funding Type
Series B
Last Funding Money Raised
$85M
Industries
Industrial Engineering,Logistics,Transportation,Travel
Founded date
Jan 1, 2014
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Hyperloop Technologies, Inc.
Also Known As
Hyperloop Technologies, Hyperloop One

Virgin Hyperloop is a developer of a transportation technology used to deliver fast, direct, and sustainable transportation at scale. Its technology is a first-generation vehicle system that makes trains go as fast as 760 miles per hour and utilizes a vacuum tube designed for transportation of people and cargo that enables companies to have direct movement of freight and people to travel quicker from origin to destination.

It was founded in 2014 and is headquartered in Los Angeles, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
$368.42M
Virgin Hyperloop has raised a total of $368.42M in funding over 2 rounds. Their latest funding was raised on May 13, 2019 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 13, 2019 Series Unknown $172.22M Detail
May 22, 2018 Secondary Market Detail
Dec 18, 2017 Private Equity(PE) $50M 6 Caspian VC Partners
DP World Group
Virgin Group
Detail
Sep 21, 2017 Series B $85M 6 Detail
Oct 13, 2016 Convertable Note $50M 1 DP World Group Detail

Investments

Number of Investments
Number of Lead Investments
4
0
Virgin Hyperloop has made 4 investments. Their most recent investment was on Dec 15, 2021, when Swimply raised $40M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 15, 2021 Swimply
Series Unknown $40M Marketplace
Aug 16, 2018 SFOX
Series A $23M Bitcoin
Seed $25M Artificial Intelligence
Feb 8, 2017 Tourlane
Seed $1.50M Internet

Employee Profiles

Number of Employee Profiles
11
Virgin Hyperloop has 11 current employee profiles, including Executive Shervin Pishevar
Executive
Board member
Advisor
Executive
Board observer