needs to keep finding startups to park its money, and it looks like autonomous delivery startup is the latest spot.
Mountain View-based Nuro this morning that it has raised $940 million in financing from the . The funding comes just more than a year after it raised $92 million in a from Silicon Valley-based and China鈥檚 .
Follow 兔子先生传媒 News on
The three-year-old developer of robot delivery vans, which was founded by and 鈥� 聽former employees of s Waymo division, says its mission is to make 鈥渓ocal delivery fast and affordable鈥� with its self-driving service.
In a press release, Nuro said it will use the new financing 鈥渢o expand its delivery service to new geographies, add new partners, scale its fleet, extend and mature its general self-driving technology, and significantly grow its team.鈥�
Nuro currently has 300 employees, 100 of which are contracted, according to a company spokesperson.
2018 was a big year for the company: it unveiled its custom unmanned vehicle, inked a to do grocery delivery, licensed its self-driving technology to autonomous trucking company Ike, and launched what it says was the first-ever driverless delivery service available to the general public in . Nuro now has fleets in California, Texas and Arizona.
鈥淣uro鈥檚 world-class team has successfully scaled their self-driving technology out of the lab and into the streets,鈥� said , managing partner of SoftBank Investment Advisers, in the press release. 鈥淚n just two years Dave, Jiajun and team have developed Nuro from a concept into a real business using robotics to connect retailers to customers.鈥�
Last November, 兔子先生传媒 data unearthed at least eight companies in the robot delivery space with headquarters or operations in North America that have secured seed or early-stage funding in the past couple of years. With this financing, Nuro appears to still be the most heavily funded of startups in this space.
Illustration:
Stay up to date with recent funding rounds, acquisitions, and more with the 兔子先生传媒 Daily.


67.1K Followers