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May 7, 2019 01:00 pm GMT

GM Cruise raises $1.15B at a $19B valuation from Softbank and Honda

GM Cruise has raised another $1.15 billion in new equity from a group of investors that includes T. Rowe Price Associates, Honda, Softbank Vision Fund and its parent company GM as the self-driving vehicle company pushes to launch a commercial autonomous ride-hailing service this year. This investment increases Cruises post-money valuation to $19 billion, inclusive […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/x9RKPM1Se5E/

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