SoftBank fund invests big in self-driving deliveries

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. One of the few companies to be operating fully driverless vehicles on... Continue reading…

SoftBank fund invests big in self-driving deliveries

A Silicon Valley startup working on self-driving delivery vehicles on Monday announced nearly a billion dollars in fresh funding from the SoftBank Vision Fund.

Mon 11 Feb 19 from Phys.org

Softbank’s 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, ...

Mon 11 Feb 19 from TechCrunch

Driverless delivery startup Nuro raises almost $1 billion

Nuro is already doing fully driverless grocery deliveries in the Phoenix area.

Mon 11 Feb 19 from Arstechnica

Driverless delivery startup Nuro gets $940 million SoftBank investment

Autonomous technology startup Nuro said on Monday it raised $940 million from SoftBank Group Corp, which valued the Silicon Valley-based company at $2.7 billion.

Mon 11 Feb 19 from Reuters Technology

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

Autonomous technology startup Nuro said on Monday it has raised $940 million from SoftBank's Vision Fund, which valued the Silicon Valley-based company at $2.7 billion.

Mon 11 Feb 19 from Reuters Technology

Self-driving truck startup Ike raises $52 million

Ike, the autonomous trucking startup founded by veterans of Apple, Google, and Uber Advanced Technologies Group’s self-driving truck program, has raised $52 million in a Series A funding ...

Tue 5 Feb 19 from TechCrunch

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