Smart Mobility APAC

Softbank fund helps Silicon Valley startup develop robotic delivery technology

A Silicon Valley startup working on self-driving delivery vehicles announced nearly a billion dollars in fresh funding from the SoftBank Vision Fund. The $940 million in financing from SoftBank brought the total amount of funding raised by Nuro to more than $1 billion, with investors including Greylock Partners and Gaorong Capital, according to the company.

Chinese AI firm opens autonomous driving track in Japan

Chinese AI firm SenseTime have opened an autonomous driving test course in Japan as part of its efforts to facilitate and support the development of multiple smart-driving technologies by conducting a series of road tests.

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