Investments · Food technology
SoftBank Vision Fund invests $375 million in robotic food startup Zume, reports say
- Investor
- SoftBank Group (via SoftBank Vision Fund) (Tokyo)
- In
- Zume, Mountain View, California
- Value
- $375M
- Status
- Invested on October 17, 2018, according to media reports.
- Date
- 2018-11-01
SoftBank Group's Vision Fund invested $375 million in Zume, a Mountain View, California startup that uses robots and delivery vehicles to make and deliver food, according to The Wall Street Journal as reported by TechCrunch. The companies did not confirm the figure in a primary release.
Why it matters
The investment extended the Vision Fund's food and delivery holdings into automated food production.
Sources
Kakehashi M&A News home
