Utah’s Autonomous Solutions Has Landed a $225 Million Investment from SoftBank and the Two have Formed a Construction Robotics J.V. Separately Funded by SoftBank
EXECUTIVE SUMMARY
✅ SoftBank Group has invested $225 million directly into Mendon, Utah-based Autonomous Solutions, Inc., while separately capitalizing a newly formed joint venture focused on commercializing autonomous heavy-construction equipment.
✅ The amount invested in the joint venture was not disclosed, meaning SoftBank’s total capital commitment tied to ASI