Hyperloop Passes $100M Raised With Latest Investment

Law360, New York (December 1, 2016, 4:38 PM EST) -- High-speed transportation startup Hyperloop Transportation Technologies Inc. said Thursday that it has raised an additional $31.8 million in funding from an investment firm that focuses on transportation, health care and industrial technology innovations, bringing its fundraising total to more than $100 million.

The company picked up the additional funding from EdgeWater Investments, bringing its total to about $108.8 million raised, a Thursday statement said. That number includes $26 million in work hours and services contributed, $22 million in land rights and $29 million in commitments and...
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