Nuro announces $940 million financing from SoftBank Vision Fund

Feb 11, 2019 · Funding · Nuro · Automotive

Nuro announced a $940 million financing from SoftBank Vision Fund to expand its autonomous local-commerce delivery business.

Nuro company media
Company media · Nuro
  • The financing brought announced capital raised by Nuro to more than $1 billion at the time.
  • The capital was allocated to service expansion, fleet growth and team development.
  • The company noted that closing remained subject to customary conditions.

Nuro develops autonomous-driving technology for commercial vehicle partners, with history in zero-occupant delivery and newer robotaxi programs.