Richard Branson Invests in Hyperloop One

Hyperloop_Cheetah_capsule_in_tube_02Sir Richard Branson invests in the US company developing vehicles that will run at supersonic speeds.
After a major investment from Richard Branson’s company, the Hyperloop One transport company has changed its name into Virgin Hyperloop One. The exact investment figure invested by Virgin Group has not been released. However, last month Hyperloop One received an additional $85 million through fundraising. The company’s total funding was brought to $245 million. Virgin Hyperloop One has now been valued at $700 million.

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