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Microsoft invests in Cruise in new $2 billion round

Microsoft invests in Cruise in new $2 billion round

3 years ago
Anonymous $y15ULlV7sG

https://techcrunch.com/2021/01/19/microsoft-invests-in-cruise-in-new-2-billion-round/

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.

GM, Honda and other institutional investors have also put more capital into Cruise as the autonomous vehicle company inches closer to commercializing its technology.