Robot delivery startup Nuro raises nearly $1 billion from SoftBank
Driverless delivery startup Nuro just got a rocket-fueled boost from SoftBank. The company announced Monday that it has raised $940 million in financing from the Japan’s tech company’s Vision Fund, an gigantic sum that will help accelerate Nuro’s mission to put driverless delivery vehicles on the road en masse.
It’s also a huge vote of confidence for one of the lesser known startups working on self-driving technology. Formed in 2016 by a pair of ex-Google self-driving engineers, Nuro has set itself apart by focusing on food delivery rather than people moving. The startup recently announced a pilot delivery service in Arizona in partnership with grocery giant Kroger.