Nuro, a startup that has produced an autonomous delivery vehicle, has raised $600 million in its latest funding round. The company is currently valued at almost $10 billion and is building a manufacturing facility in Nevada.
This latest financing round was led by Tiger Global Management with participation from Baillie Gifford, Fidelity Management & Research Company, Gaorong Capital, Google, Kroger, SoftBank Vision Fund 1, funds and accounts advised by T. Rowe Price Associates, Woven Capital, and other existing investors as part of the company’s Series D funding round.
This $600 million financing will support the development and deployment of Nuro’s autonomous delivery service in communities across the country. [Read more…] about Nuro raises $600 million in Series D funding