T Rowe Price, SoftBank Vision Fund back GM Cruise's $1.15b round

T Rowe Price, SoftBank Vision Fund back GM Cruise's $1.15b round

A General Motors Co. Cruise autonomous test vehicle is parked at a new charging station in San Francisco, California, U.S., on Monday, July 2, 2018. Photographer: David Paul Morris/Bloomberg

David Welch

08 May, 2019

General Motors Co.’s self-driving unit drew $1.15 billion in fresh investment, with T. Rowe Price Associates Inc. joining existing backers including Honda Motor Co. and SoftBank Vision Fund.

General Motors Co.GM CruiseHonda Motor CoSoftBank Vision FundT Rowe Price

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