Nuro Adds To Series C Financing Round
2021-03-25
MOUNTAIN VIEW, CA, Nuro today announced new investments from Woven Capital, Chipotle, and other new investors, as part of the company's Series C funding round.
Nuro's new financing is the first investment by Woven Capital, a newly established growth stage fund from Woven Planet, a Toyota subsidiary. This additional funding signifies continued confidence in Nuro's vision for autonomous delivery from a group of world class investors.
Woven Capital, Chipotle, and additional new investors joined as part of Nuro's recently closed Series C round, led by funds and accounts advised by T. Rowe Price Associates, Inc., with participation from new investors including Fidelity Management & Research Company, LLC. and Baillie Gifford, and existing investors such as SoftBank Vision Fund 1 and Greylock.
Nuro is the leader in autonomous delivery using robotics to improve everyday life. The company's fleet of on-road, fully occupantless and autonomous vehicles are designed to deliver everyday goods to consumers ranging from groceries to pizza to prescriptions in a way that is quick, affordable, and most importantly, safe. Nuro is on a mission to fundamentally change the last mile of local delivery for consumers and businesses alike, while using the power of robotics for the greater good. Nuro has announced partnerships with Kroger, Domino's, Walmart, CVS and other leading companies.
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