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Zoox

Zoox

Zoox is a robotics company developing autonomous vehicle fleet using the technology of robotics and machine learning.

Zoox is a robotics company developing autonomous vehicle fleet using the technology of robotics and machine learning that is headquartered in Foster City, California and was founded in 2014 by Tim Kentley-Klay and Jesse Levinson. It aims to provide autonomous mobility as-a-service in the urban.

Funding
Seed

In July 2015 Zoox completed their seed funding round with $40 million in funding from undisclosed investors.

Series A

In November 2016 Zoox completed their series A funding round with $250 million in funding from undisclosed investors. At the time of announcing their series A funding Zoox came out of stealth mode with a company valuation of $1.55 billion.

Sereis B

On July 18, 2018 Zoox completed a venture capital round with $500 million in series B funding from Grok Ventures (lead investor) and Blackbird Ventures. At the time of receiving their venture funding Zoox had a company evaluation of $2.7 billion. The company plans on using the funding to deploy their autonomous vehicles by 2020.

Timeline

April 26, 2020
Amazon acquires Zoox in a deal worth $1.3 billion.
October 21, 2019
Zoox raises a $200,000,000 convertible note.
July 18, 2018
Zoox raises a $500,000,000 series B round from Blackbird Ventures and Grok Ventures.
2018
Zoox is valued at $3.2 billion, according to data from PitchBook.
November 8, 2016
Zoox raises a $50,000,000 series A round from Composite Capital Management and IDG Capital Partners.
October 2016
Zoox raises a $250,000,000 series A round from AID Partners Capital, ARCHina Capital, Blackbird Ventures, Composite Capital Management, David Spector, Thomas Tull, Threshold Ventures and Visonnaire Ventures.
July 2015
Zoox raises a $40,000,000 seed round.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

This is Zoox

Web

December 14, 2020

News

Title
Author
Date
Publisher
Description
Kirsten Korosec
June 22, 2021
TechCrunch
The hubbub surrounding the autonomous vehicle industry often focuses on venture capital rounds, speculation about IPOs and acquisitions. But the industry's future also hinges on the high-stakes task of proving the technology can operate safer than human drivers do today and gaining the public's trust. In short: safety matters. Zoox issued a safety report Tuesday [...]
Suzanne Loo
June 2, 2021
TechNode
As an indispensable part of the innovation ecology, BEYOND Global Investment Summit will gather global A-list VCs to build a network with innovation at its core and advance the development of businesses with the help of their expertise.
Mark Matousek
May 1, 2021
Business Insider
Waymo was once again a winner in Guidehouse Insight's ranking of the top autonomous-vehicle companies. Tesla was not.
Darrell Etherington
April 26, 2021
TechCrunch
Last year, autonomous driving startup Zoox was acquired by Amazon in a deal worth $1.3 billion. Since then, Zoox has continued to pursue its existing strategy of developing and deploying autonomous passenger vehicles, revealing the design of its long-anticipated robotaxi late in December. From concept to reveal, Zoox spent six years developing its built-for-purpose passenger [...]
Mark Matousek and Lianna Norman
April 21, 2021
Business Insider
Insider asked autonomous-vehicle startups, analysts, and VCs to nominate the industry's biggest stars. The one rule: no CEOs.
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References

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