Nuro raises $940M at $2.7B valuation
Nuro raised $940 million from SoftBank Vision Fund in a completed financing that Reuters reported valued the autonomous-delivery company at $2.7 billion.
Why it matters
Nuro announced a $940 million financing from SoftBank Vision Fund to expand its autonomous local-commerce delivery business.
Evidence notes
- Reuters reported the completed SoftBank Vision Fund financing valued Nuro at $2.7 billion.
- The $940 million financing brought Nuro's announced capital raised to more than $1 billion at the time.
- Nuro allocated the capital to service expansion, fleet growth and team development.
Company context
Nuro develops autonomous-driving technology for commercial vehicle partners, with history in zero-occupant delivery and newer robotaxi programs.