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Hyperloop One adds former CFO of Uber to board, announces $50 million in new funding

SILICON VALLEY — Elon Musk’s 2013 vision of super-fast, levitating train cars shooting down vacuum tubes at speeds of 750 mph took another step closer to reality this week. Los Angeles-based startup Hyperloop One announced it had raised a $50 million Series C and hired Uber’s former chief financial officer. Hyperloop One has raised a total of $160 million in venture capital to date, and has promised its first full-scale test of the concept early next year.
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