Cruise LLC Profile

Cruise LLC
333 Brannan St.
San Francisco, California 94017

Founded in 2013, Cruise is developing fully electric, autonomous vehicles such as Origin for ride-sharing and delivery services. In 2016, General Motors acquired the company, which is working with other automakers and technology firms such as Microsoft. 

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Cruise News & Resources

News

General Motors Purchases SoftBank Vision Fund’s Stake in Self Driving Company Cruise for $2.1B

March 21, 2022 · General Motors acquired Cruise in 2016 and has committed to invest $35 billion in electric and autonomous vehicle technology between 2020 to 2025.

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Cruise to Get $1.35B More From SoftBank to Commercialize Autonomous Vehicles

February 2, 2022 · The General Motors spinout is also offering self-driving car rides to the public in San Francisco.

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Top 10 Robotics Transactions of April 2021

May 3, 2021 · Autonomous vehicles, surgical robots, and storage systems garner the biggest deals of the past month.

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Walmart Joins $750M Investment in Autonomous Vehicle Firm Cruise

April 15, 2021 · Self-driving deliveries are the goal of the latest investment in multibillion-dollar race to fully autonomous vehicles.

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Top 10 Robotics and Automation Transactions in Q1 2021

April 5, 2021 · Autonomous vehicles, military drones, and industrial robots receive funding or participate in SPAC mergers.