Porto, Portugal
+351 960 245 977
fbnsantos@fbnsantos.com

Category: Nuro

Robotics | IoT

Robotics investments February 2019

Robotics investments totaled at least $4.3 billion in February 2019 in a steep increase from January, which had about $1.4 billion. In addition, companies reported approximately $3.9 billion worth of acquisitions this past month. Any political or economic jitters have not yet harmed the mood for robot deals. The Robotic Industries Association noted yesterday that robot…

The post Robotics investments February 2019 appeared first on The Robot Report.

Driverless investment tops $1.6B so far this month

After last week’s $582 million in funding for autonomous vehicle companies, you might think that driverless investment would coast for a while. However, this week saw more than $1 billion in support for developing self-driving cars and trucks. President’s Day is traditionally the time for car sales, but the automakers and big technology companies are…

The post Driverless investment tops $1.6B so far this month appeared first on The Robot Report.

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…

The post Birth of a unicorn: Nuro gets $940M from SoftBank for driverless deliveries appeared first on The Robot Report.