Zoox

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

https://www.youtube.com/watch?v=pQVpjuh6tZY&list=PL-jMwLfqzVRhXMn6CHgdW5Cs7y6LoK6S0

Web

December 14, 2020

wi-fi

https://zooxsmart.com/wi-fi/

Web

News

Title

Author

Date

Publisher

Description

How Amazon-owned Zoox designed its self-driving vehicles to prevent crashes and protect if they do

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 [...]

Kai-Fu Lee and Hugo Shong to attend BEYOND Investment Summit · TechNode

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.

Experts rank Amazon's self-driving unit, Tesla, Waymo, and 12 other power players in the world of autonomy

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.

Hear about building AVs under Amazon from Zoox CTO Jessie Levinson at TC Sessions: Mobility 2021

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 [...]

Meet the 11 power players of the self-driving industry

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.