Unicorn Brief: Lyft raises $200 M

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Unicorn Brief: Lyft raises $200 M

On the heels of partnering with CVS and Walgreens, Lyft raises an extra $200M on top of the $1.5B already raised in their Series H round.

Magna, a Canadian automotive part supplier, is investing $200 million into Lyft for an equity stake, the companies said on Wednesday. They’ll also work on self-driving car tech together, which will include integrating the technology into vehicles Magna helps manufacture.

Read Axios’ full article

Here’s how Lyft is currently tracking against the Prime Unicorn Index:

 

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