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# SoftBank invests $225M in ASI and forms autonomous construction venture

**[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments

## Summary

SoftBank Group has invested $225 million in Autonomous Solutions, Inc. (ASI), a Utah-based company that automates work vehicles, and formed a joint venture to build self-driving machines for large road, rail, and airport construction projects. Financial terms and ownership stakes of the joint venture were not disclosed. ASI's core product, Mobius, is fleet-management software that works across equipment from any major manufacturer, letting builders automate mixed fleets of haul trucks, dozers, loaders, and compactors. Founded in 2000 out of Utah State University research, ASI operates an 80-hectare test site in Mendon, Utah, plus offices in Salt Lake City, Dallas-Fort Worth, and Longmont, Colorado. This follows SoftBank's earlier $200 million investment in Gravis Robotics, a Swiss startup that adds self-driving software to excavators.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/softbank-asi-225m-autonomous-construction>

## Questions this post answers

### How much did SoftBank invest in Autonomous Solutions Inc (ASI)?

SoftBank Group invested $225 million into ASI, a Utah company that automates work vehicles for construction. The two also formed a joint venture to build self-driving machines for large road, rail, and airport projects, though the size of that venture's funding and ownership split were not disclosed. ASI will use the $225 million to expand sales across the construction trade.

_Investors tracking autonomous construction funding rounds can follow deals like this on daily.dev._

### What does ASI's Mobius software do?

Mobius is fleet-management software from Autonomous Solutions Inc that runs fleets of self-driving work vehicles. It works with machines from any major manufacturer, letting a construction company automate the mixed equipment it already owns, including haul trucks, dozers, loaders, and compactors, according to CEO Mel Torrie.

_daily.dev helps engineers evaluating autonomous fleet software compare vendor claims like these._

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---

Tags: [#robotics](https://daily.dev/tags/robotics), [#softbank](https://daily.dev/tags/softbank)

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