Hyperloop startup has a dream team and $8.5 million in funding


The Hyperloop has often been dismissed as a billionaire’s fantasy project. But it is becoming ever-more clear, though, that both engineers and startups are hellbent on making the super-fast pod transit system a reality.

Most notably, a startup called Hyperloop Technologies is emerging from “stealth mode” to support the effort, according to a Forbes report

While Hyperloop Technologies appeared to surface out of thin air — along with a website and Twitter account appearing on Wednesday — the group already has $8.5 million in funding and plans to get $80 million more this year

Hello world. Welcome to the future of transportation:

— HyperloopTech (@HyperloopTech) …

More about Elon Musk, Startups, Tech, and Hyperloop …read more

Via: Mashable: Startups

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