A source close to [Hyperloop Technologies Inc.], who was not authorized speak publicly, confirmed the company has moved into the space, which was chosen in part so Hyperloop could be around artists and designers and other creative types in a space big enough to build large-scale hardware. [...]
Funded by a reported $8.5 million in seed money, the company has raised an additional $20 million of the estimated $80 million it will need to build a five-mile Hyperloop test track
— latimes.com
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