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Cruise (autonomous vehicle company)

Cruise (autonomous vehicle company)

Cruise is an autonomous vehicle company, acquired by General Motors.

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Timeline

May 7, 2019

Cruise raised $1.15b at $19b valuation

The funds were raised from Softbank Vision Fund, T. Rowe Price Associates, and Honda. Once Cruise's autonomous vehicles are ready for commercial deployment, Softbank will complete the second investment or $ 1.35 billion. Honda made a direct equity investment of $ 750 million into Cruise.

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