Delivery vehicle provider Nuro has almost doubled its valuation to $5bn in a series C round featuring returning investor SoftBank Vision Fund.
US-headquartered autonomous delivery vehicle developer Nuro announced a $500m series C round yesterday that includes internet and telecommunications conglomerate SoftBank’s Vision Fund 1.
The round was led by funds and accounts advised by T. Rowe Price and included investment and financial services group Fidelity Management & Research, Baillie Gifford and Greylock. It values the company at $5bn, according to TechCrunch.
Nuro has built a fleet of driverless vehicles that are used by companies to deliver consumer goods to customers that…
