Zoox raises $200 mn to develop self-driving cars
Palo Alto-based startup Zoox has raised $200 million at a valuation of $1 billion to develop self-driving cars. The latest round of funding included investors Lux Capital and DFJ. Founded in 2014 by Tim Kentley-Klay and Jesse Levinson, Zoox is said to be building technology that could compete with Google’s self-driving cars and Cruise Automation. 