SoftBank Invests $940 Million in Nuro for Driverless Deliveries

Chinese electric vehicle maker Nio Inc. (NYSE: NIO) was among the backers in lidar company Innovusion’s latest $64 million funding round, Reuters reported Monday. read more.....»»

CVS Health Corp. said Thursday that it will launch CVS Health Ventures, a venture fund that invests in and partners with early-stage companies focused on .....»»

Elon Musk's Tesla reported record net income of $438 million. Total revenue grew 74% year-over-year to $10.3 billion......»»

Ennostar has invested less than NT$3.0 billion (US$106 million) to take an about 10% stake in LED chip and Si-based sensor maker Tyntek, according to industry sources......»»

Salesforce's investment in Community comes as the upstart looks to expand its customer base. Noam Galai/Contributor/Getty Images Salesforce is inves.....»»

SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations......»»

Invitae announced it will acquire the genomics company Genosity for $200 million on Monday after landing a convertible note investment from Softbank. Courtesy of Invitae The genetic testing company Invitae is .....»»

Compass had previously set a price range of $18-$19 per share, downsized from its prior target at $23 to $26.....»»

Chipotle said the investment comes as it explo.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The company has raised a total of $22.5 million. Notable investors include Perot Jain, Hall Group, Softbank and Mark Cuban......»»

Organigram Holdings Inc's U.S.-listed shares soared 47% in premarket trade Thursday, after the Canadian cannabis company said it has received a C$221 million ($176.6 million) investment from a unit of British American Toba.....»»

The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019......»»

Foxconn Electronics and others have jointly invested about CNY100 million (US$15.5 million) in AutoCore.ai, which is devoted to autonomous driving development, in pre-Series A funding round, according to Foxconn......»»

WeWork’s co-founder Adam Neumann is set to benefit from a $50 million bonanza along with other benefits as a part of a settlement agreement with SoftBank Group Corp (OTC: SFTBY), the Wall Street Journal read more.....»»

The potential d.....»»

Meesho, India’s largest reselling website, has negotiated a $250 million funding round led by SoftBank’s Vision Fund, the Econ.....»»

Shares of Pacific Biosciences of California Inc. shot up 22.3% toward a recor.....»»

Wells Fargo announced equity investments in six African American Minority Depository Institutions as part of its $50 million commitment last year to support economic growth in Black communities. .....»»

The U.S. Postal Service reported Tuesday that it swung to a fiscal first-quarter profit while revenue rose 11%, as a record 1.1 billion packages were delivered during the holiday season. Net income for the quarter to Dec. 31 was $318 million, .....»»