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News, Analysis & Perspective on Autonomous Vehicles

Robotaxi startup Zoox raises new millions

Autonomous vehicle startup Zoox has signed a $200 million convertible note— the first new investment since the Silicon Valley company fired its co-founder and original CEO last year.

The note is the initial step in closing the company’s Series C funding round that’s expected to be finalized later this year or early 2020, according to source familiar with the situation who added, “In terms of investors, we are excited to have both existing and new investors partner with us on this.”

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