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.
In July 2015 Zoox completed their seed funding round with $40 million in funding from undisclosed investors.
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.
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.
This is Zoox
December 14, 2020
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