Driverless delivery company Nuro nabs $600M and partners with Google
Summary
Autonomous vehicle (AV) company Nuro has raised $600 million in a series D round of funding from high-profile investors, including Tiger Global Management and Google. Founded in 2016, Nuro is setting out to capitalize on shifting consumer expectations and trends that have been accelerated by the global pandemic, namely how they experience ecommerce. “The arrival of ubiquitous on-demand ecommerce is changing the way we access goods,” Tiger Global partner Griffin Schroeder said in a press release. Nuro had previously raised around $1.5 billion, and with another $600 million in the bank, the company is now well-financed to further develop and deploy its autonomous delivery service with some of the biggest brands across the U.S. Aside from lead backer Tiger Global Management and Google, Nuro’s series D round ushered in a slew of notable investors, including Kroger and SoftBank Vision Fund 1.
Classifications
AskAI Classifications
LabelsLinked Companies
