needs to keep finding startups to park its money, and it looks like autonomous delivery startup is the latest spot.
Mountain View-based Nuro this morning that it has raised $940 million in financing from the . The funding comes just more than a year after it raised $92 million in a from Silicon Valley-based and China鈥檚 .
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The three-year-old developer of robot delivery vans, which was founded by and 鈥 聽former employees of s Waymo division, says its mission is to make 鈥渓ocal delivery fast and affordable鈥 with its self-driving service.
In a press release, Nuro said it will use the new financing 鈥渢o expand its delivery service to new geographies, add new partners, scale its fleet, extend and mature its general self-driving technology, and significantly grow its team.鈥
Nuro currently has 300 employees, 100 of which are contracted, according to a company spokesperson.
2018 was a big year for the company: it unveiled its custom unmanned vehicle, inked a to do grocery delivery, licensed its self-driving technology to autonomous trucking company Ike, and launched what it says was the first-ever driverless delivery service available to the general public in . Nuro now has fleets in California, Texas and Arizona.
鈥淣uro鈥檚 world-class team has successfully scaled their self-driving technology out of the lab and into the streets,鈥 said , managing partner of SoftBank Investment Advisers, in the press release. 鈥淚n just two years Dave, Jiajun and team have developed Nuro from a concept into a real business using robotics to connect retailers to customers.鈥
Last November, 红桃视频 data unearthed at least eight companies in the robot delivery space with headquarters or operations in North America that have secured seed or early-stage funding in the past couple of years. With this financing, Nuro appears to still be the most heavily funded of startups in this space.
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