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Virgin Hyperloop One raises $172 million to advance its futuristic transportation dreams
![](https://cdn.vox-cdn.com/thumbor/6TaMc6xu_5E3AfNG2Y3KZFIv4TA=/58x0:1543x990/1310x873/cdn.vox-cdn.com/uploads/chorus_image/image/63836124/h1_image_3.0.jpg)
Virgin Hyperloop One has raised $172 million in new funding to bring its futuristic transportation dreams to life, according to new filings with the United States government. At least $90 million has come from existing investor DP World, a major Dubai port operator, The Verge has learned.
The hyperloop startup is also seeking up to $224 million in this equity sale, according to the filing. Eighty investors have contributed to the round, and specific investors weren’t named. The funding amount was disclosed in a new filing with the Securities and Exchange Commission on Tuesday, which was first reported by Crunchbase News.
DP World and Virgin Hyperloop One recently applied for (and were…