SoftBank invests $225M in ASI, forms autonomous construction venture
SoftBank Group has invested $225 million in Utah-based Autonomous Solutions, Inc. (ASI), whose Mobius software runs fleets of self-driving work vehicles. The two also formed a joint venture to build autonomous machines for road, rail and airport projects; funding size, ownership and the venture's name were not disclosed.
- SoftBank invests $225M in Utah-based ASI
- Joint venture targets autonomous road, rail and airport machines
- Mobius software automates mixed fleets from any major maker
- In August SoftBank led a $200M round for Gravis Robotics
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