Investments · Automotive technology (AI)
SoftBank co-leads $159 million round in driving data start-up Nauto
- Investor
- SoftBank Group (co-lead investor) (Tokyo)
- In
- Nauto, Palo Alto, California
- Value
- $159M Series B
- Status
- Announced on July 18, 2017; the round has closed.
- Date
- 2017-07-18
SoftBank Group and Greylock Partners co-led a $159 million Series B round in Nauto, a Palo Alto company that uses cameras and artificial intelligence to analyze driver behavior and collect data for autonomous driving. Toyota AI Ventures also took part.
Why it matters
The round put two Japanese investors, SoftBank and Toyota, behind the same US driving data platform.
Sources
Kakehashi M&A News home
