Cruise, headquartered in San Francisco, California, United States, has raised $9 billion from investors including General Motors. The company develops autonomous vehicle technology, self-driving cars, and related mobility solutions for consumers and enterprises.
Keep reading to learn how Cruise scaled into a $30B autonomous vehicle and mobility technology leader.
What Is Cruise and What Does It Do?
Founded in 2013, Cruise is a technology company specializing in autonomous vehicles and self-driving systems. Its platform integrates hardware, software, and AI to enable safe, efficient, and fully autonomous mobility solutions.
Cruise develops autonomous electric vehicles, navigation systems, and AI-driven software for ride-hailing, logistics, and transportation services in urban environments.
How Much Funding Has Cruise Raised?
1. Key Funding Round
- Amount Raised: $9 billion
- Lead Investor: General Motors
- Purpose: Advance autonomous vehicle technology, scale production, and deploy self-driving fleets
2. Earlier Rounds
- Cumulative Funding: Included in total $9 billion
- Purpose: R&D, hardware and software development, and autonomous vehicle testing
Total Funding Raised: $9 billion
Latest Known Valuation: $30 billion
Key Investors
- General Motors
- Details: Global automotive company investing in autonomous mobility
- Focus Areas: Electric and self-driving vehicles, technology development, and transportation solutions
Where Is Cruise’s Headquarters?
Cruise is headquartered in San Francisco, California, United States, supporting autonomous vehicle research, engineering, and operations.
What’s Next for Cruise?
Cruise plans to expand autonomous vehicle deployment, enhance self-driving technology, and explore partnerships for urban mobility solutions. The company aims to accelerate commercialization, improve safety and efficiency, and scale autonomous fleet operations across U.S. cities.
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