Cruise

Sources: The Bot Company, co-founded by ex-Cruise CEO Kyle Vogt to make AI-powered household robots, raised $150M at a $2B valuation, up from $550M in May 2024

Kyle Vogt, former CEO of self-driving car company Cruise, has raised $150 million in a new funding round led by Greenoaks …

Email: GM told Cruise employees that a third party had estimated the self-driving unit's internal share price at $11.80, down from $24.27 just one quarter ago

Greg Bensinger / Reuters : Forums: r/SelfDrivingCars Forums: r/SelfDrivingCars : GM's Cruise valuation slashed by more than half

GM's Cruise expands its “small” fleet of driverless robotaxis in San Francisco to daylight hours, now operating 24/7; the unit lost $561M in Q1 2023, up 73% YoY

Cruise raises $1.35B more from SoftBank Vision Fund and launches a waitlist for a driverless robotaxi service in San Francisco that will run from 11pm to 5am

Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps toward commercialization …

Electric autonomous vehicle startup Cruise raises $2B at a $30B valuation from Microsoft, GM, Honda, and others

Kirsten Korosec / TechCrunch :

Electric autonomous vehicle startup Cruise raises $2B at a $30B valuation from Microsoft, GM, Honda, and others

Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as an investor and partner.

SoftBank Vision Fund will invest $2.25B into GM's Cruise self-driving program, with plans to commercialize such vehicles next year

General Motors on Thursday announced that SoftBank Vision Fund will invest $2.25 billion into its self-driving program, with plans to commercialize such vehicles next year.