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Category: SoftBank Vision Fund

Robotics | IoT

Birth of a unicorn: Nuro gets $940M from SoftBank for driverless deliveries

  Nuro.ai, which is working on self-driving vehicles, said today that it has received $940 million from the SoftBank Vision Fund. This marks a major push in the ground delivery space and another move by SoftBank to take leadership in automation. Other investors in Mountain View, Calif.-based Nuro include Greylock Partners and Gaorong Capital. The…

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Funding trends: self-driving dreams coming true

Participants and startups in the emerging self-driving vehicles industry (components, systems, trucks, cars and buses) have been at it for over almost 60 years. The pace accelerated in 2004, 2005 and 2007 when DARPA sponsored long-distance competitions for driverless cars, and then again in 2009 when Uber began its ride-hailing system. As the prospects that…

The post Funding trends: self-driving dreams coming true appeared first on The Robot Report.