Google, Kroger and SoftBank Vision Fund 1 all contributed to the autonomous vehicle developer's series D round at a reported $8.6bn valuation.
US-based autonomous vehicle developer Nuro raised $600m in series D funding yesterday from investors including internet technology provider Google, grocery chain Kroger and telecommunications and internet group SoftBank’s Vision Fund 1.
Tiger Global Management led the round, which also featured automotive manufacturer Toyota’s Woven Capital fund, investment and financial services group Fidelity, Baillie Gifford, Gaorong Capital and funds and accounts advised by T Rowe Price.
Nuro has developed autonomous electric vehicles used to deliver products such as groceries or medication.…
