Virgin Hyperloop One, originally Hyperloop Technologies, was founded in 2014 by Shervin Pishevar, Brogan BamBrogan, and Josh Giegel. The company has not officially endorsed a plan to participate in an IPO.
Virgin Hyperloop One designs and develops transportation infrastructure that leverages near-vacuum tubes and repelling magnets. The company has raised nearly $460 million in Venture Capital funds from investors including NKM Capital, Partech Partners, 8VC, ACME Capital, Formation 8, SharesPost, Troy Capital Partners, Vast Ventures, Bold Capital Partners, and Khosla Ventures. Per regulatory filings, Virgin Hyperloop last raised $172 million in April 2019 at an undisclosed valuation.