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Softbank's next bet: $940M into autonomous delivery startup Nuro TechCrunch

https://techcrunch.com/2019/02/11/softbanks-next-bet-940m-into-autonomous-delivery-startup-nuro/
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Feb 11, 2019 10:40 AM 2+ mon ago

Softbanks next bet: $940M into autonomous delivery startup Nuro

Nuro, the autonomous delivery startup, has raised $940 million in financing from the SoftBank Vision Fund, a whopping amount that will be used to expand its delivery service, add new partners, hire employees and scale up its fleet of self-driving bots.

Nuro has raised more than $1 billion from partners, including SoftBank, Greylock Partners and Gaorong Capital.

"We've spent the last two and a half years building an amazing team, launching our first unmanned service, working with incredible partners and creating technology to fundamentally improve our daily lives," Nuro co-founder Dave Ferguson said in a statement. "This partnership gives us the opportunity to take the next step in realizing our vision for local commerce and the broad application of our technology."

Nuro's focus has been developing a self-driving stack and combining it with a custom unmanned vehicle designed for last-mile delivery of ...

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Nuro Founders Dave Ferguson and Jiajun Zhu. The autonomous delivery startup Nuro has raised $940 million from The Softbank Vision Fund, making it one of the most lavishly funded s...

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SoftBank-backed Nuro launches autonomous grocery delivery service in Houston On the heels of its massive $940 million funding from the SoftBank Vision Fund, Nuro is launching in i...

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VB Summit: The best in AI. An invite-only executive event. Oct. 22 - 23 Nuro, a self-driving car company founded by two former Google employees, today announced that it ll team up with g...

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Nuro, a startup targeting the multibillion-dollar autonomous delivery robot market, has attracted sizeable venture capital from Softbank. The Japanese holding conglomerate today an...

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venturebeat.com     4+ mon ago

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Daily Crunch: Softbank bets big on autonomous delivery

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techcrunch.com     2+ mon ago

Nuro has raised $940 million in financing from the SoftBank Vision Fund, a whopping amount that will be used to expand its delivery service, add new partners, hire employees and sc...


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electronicsweekly.com     2+ mon ago

Three year-old autonomous delivery van start-up Nuro of New Jersey has received a $940 million investment from The Vision Fund. SoftBank's investment was made at a company valuation of $2.7 billion. ...

Softbank Invests $1B in Robo-Delivery Startup Nuro

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wired.com     2+ mon ago

Nuro's R-1 can carry more stuff than sidewalk delivery bots, and while it drives in the street, its slim profile makes moving safely easier. For the past two months, a pair of fun...

Nuro launches autonomous Kroger grocery delivery pods in Arizona

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cnet.com     4+ mon ago

Nuro launches autonomous Kroger grocery delivery pods in Arizona Earlier, the program used Priuses, but now, it's all about Nuro's diminutive po...

Driverless delivery startup Nuro raises almost $1 billion

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arstechnica.com     2+ mon ago

Nuro Founders Dave Ferguson and Jiajun Zhu. The autonomous delivery startup Nuro has raised $940 million from The Softbank Vision Fund, making it one of the most lavishly funded s...

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androidheadlines.com     8+ mon ago

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engadget.com     9+ mon ago

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SoftBank-backed Nuro launches autonomous grocery delivery service in Houston On the heels of its massive $940 million funding from the SoftBank Vision Fund, Nuro is launching in i...

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bizjournals.com     1+ mon ago

Now that Kroger and Nuro have ended their initial pilot test in Scottsdale, Arizona, Houston was chosen to expand the program, chiefly due to its population. As the fourth-largest city in the United S...

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theverge.com     7+ mon ago

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Kroger, Nuro end Scottsdale autonomous delivery program with move to Houston (Video)

bizjournals.com     1+ mon ago

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washingtontimes.com     4+ mon ago

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itbusinessnet.com     7+ mon ago

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abcnews.go.com     4+ mon ago

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seattletimes.com     4+ mon ago

The Associated Press SCOTTSDALE, Ariz. (AP) Nuro and grocery chain Kroger are teaming up to bring unmanned delivery service to customers. ...

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autonews.com     9+ mon ago

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Nuro, Kroger bringing unmanned delivery to customers

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Nuro, Kroger bringing unmanned delivery to customers...

Startup Nuro raises $940 million from SoftBank's Vision Fund

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