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11/9/20

Robotic delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

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Nuro joins other self-driving firms that raised big money this year. Early last year Nuro raised $940 million from SoftBank and a source close to the company said the valuation doubled from that last funding round to $5 billion. This round was led by T. Rowe Price Associates and includes new investors Fidelity Management & Research Company, LLC. and Baillie Gifford.

Continue reading Robotic delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

Robotic delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce originally appeared on Autoblog on Mon, 9 Nov 2020 19:51:00 EST. Please see our terms for use of feeds.

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