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Springfield, MO
Alphabet Inc.’s investment fund CapitalG led a $1 billion investment round funding ride-hailing service Lyft.
The new round of funding brings the San Francisco-based company’s valuation up to $11 billion, below competitor Uber’s $68 billion value.
CapitalG Partner David Lawee will join Lyft’s board with the investment.
Read more from the San Francisco Business Times.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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