Branson Joins Hyperloop Board as It Targets $200 Million Funding
- Futuristic transport firm to be called Virgin Hyperloop One
- More cash needed after $85 million funding round in September
Richard Branson Says Hyperloop Could Be Transformative
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Billionaire Richard Branson has joined the board of Hyperloop One, as the futuristic mode of tube-based transportation embarks on a major fundraising round.
Branson’s Virgin Group has invested in Hyperloop One, and the new company will be re-branded Virgin Hyperloop One, according to a statement Thursday.