Monday, November 9, 2015 5:30:00 AM PDT | VentureDeal
San Francisco, California -- Transportation technology company Hyperloop has secured $26 million in new venture debt investment.
Hyperloop is developing technology and hardware for advanced, high speed transportation via pneumatic tubes. Investors in the financing included Khosla Ventures, Formation 8, Sherpa Ventures and ZhenFund. Proceeds purposes were not disclosed by the company. Hyperloop was co-founded by investor Shervin Pishevar.
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