January 21, 2021 Sophia Vida

Microsoft Takes an Investment in Cruise in its $2 Billion Round

One of the key investors in driverless company Cruise’s $2 billion new equity round is tech giant Microsoft. The new round has pushed Cruise’s valuation up to $30 billion and GM, Honda and other institutional investors have also put more capital into the company. Cruise’s partnership with Microsoft aims to provide benefits for both companies. … Continue reading “Microsoft Takes an Investment in Cruise in its $2 Billion Round”