© Reuters. FILE PHOTO: The GM logo is seen at the General Motors plant in Sao Jose dos Campos

(Reuters) – General Motors (NYSE:) Co’s majority-owned Cruise self-driving car unit said on Tuesday it received a $1.15 billion investment from a consortium of investors, valuing the subsidiary at $19 billion.

The investment was funded by T. Rowe Price Associates Inc, and existing Cruise partners General Motors, SoftBank Vision Fund and Honda.

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