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China's Primavera Capital Co-leads $500m Round In Us Autonomous Driving Start-up Zoox – China Money Network
Posted on: July 18, 2018, 7:31 a.m.
Primavera Capital, a Chinese investment firm founded by Fred Hu – former Greater China chairman at Goldman Sachs, has joined Australian billionaire Cannon-Brookes’ Grok Ventures to co-lead a US$500 million round in U.S. autonomous driving start-up Zoox. Zoox was valued at US$2.7 billion prior to the deal and with the new round, the company has raised a total of US$800 million, according to a media report. Primavera Capital did not immediately respond to China Money Network’s request for comments. Zoox ... Full investment news articleRelevent to this post: Blackbird Ventures Stanford Management Company,