Virgin Hyperloop One

Transportation | Founded: 2014 | Funding to Date: $461,699,896

Virgin Hyperloop One designs and develops hyperloop technology in order to reinvent the transportation of passengers and mixed-use cargo. The technology is based on the concept of moving vehicles at high speeds through a combination of low-pressure tubes and repelling magnets. Hyperloop One became the first company in the world to test a full-scale hyperloop in May 2017.