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Ex-Uber CFO joins Hyperloop One as it adds $50M to coffers

Latest financing round led by Dubai group suggests targeted focus on port-cargo use case.        
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Hyperloop One is working on a transportation technology that can make trains go as fast as 760 miles per hour. And today, the company said it has raised $50 million from the port of Dubai and others to explore building a high-speed ...

Dubai port titan invests in futuristic Hyperloop train

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Shipping port industry colossus DP World Group of Dubai on Thursday joined backers of a US startup working on the futuristic super-speedy train concept Hyperloop.

Hyperloop One raises $50 million from Dubai's DP World Group, one of the world's largest ports operators

Issues & Causes / Environmentalism : Greenspace

One of the world’s largest maritime ports operators led a $50-million financing of Hyperloop One, a Los Angeles company aiming to transport cargo and people faster and cheaper than existing options. The loan from Dubai’s DP World Gr...

Hyperloop One lands ex-Uber CFO, $50M from Dubai

Business & Finance : USAToday: Money

Latest financing round led by Dubai group suggests targeted focus on port-cargo use case.        

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