• Signing Ceremony [from left to right] Hiroyuki Wakabayashi, executive vice president, DENSO Corporation; Eric Meyhofer, Head of Uber ATG; Dara Khosrowshahi, CEO of Uber Technologies, Inc.; Shigeki Tomoyama, Toyota executive vice president; Ervin Tu, Managing Partner of Softbank Vision Fund
    Signing Ceremony
    [from left to right]
    Hiroyuki Wakabayashi, executive vice president, DENSO Corporation;
    Eric Meyhofer, Head of Uber ATG;
    Dara Khosrowshahi, CEO of Uber Technologies, Inc.;
    Shigeki Tomoyama, Toyota executive vice president;
    Ervin Tu, Managing Partner of Softbank Vision Fund

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Apr. 19, 2019
Toyota, DENSO and SoftBank Vision Fund to Invest $1 Billion in Uber's Advanced Technologies Group

Toyota Motor Corp. (Toyota), DENSO Corporation (DENSO) and the SoftBank Vision Fund (SVF) announced today that they will invest $1 billion in Uber Technologies Inc.'s Advanced Technologies Group (Uber ATG). The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services.