Goodyear, Union Pacific, CN Rail, US Xpress, Kroger, The Traton Group and Navistar contributed to a round taking the smart truck developer's total funding to $648m.

US-based autonomous truck developer TuSimple has raised $350m from investors including corporates Goodyear, Union Pacific, CN Rail, US Xpress, Kroger, The Traton Group and Navistar, sources familiar with the deal told TechCrunch yesterday.

The round was led by VectoIQ, the mobility-focused investment firm launched by Steve Girsky, a former vice-chairman of automotive manufacturer General Motors.

Tire producer Goodyear, rail operators Union Pacific and CN, shipping firm US Xpress and retailer Kroger were joined by Traton, a commercial vehicle subsidiary of…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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