Self-driving vehicle company Nuro has raised a $500 million Series C round of funding, as autonomous delivery continues to pick up new markets.
The raise, announced on Monday, was led by funds and accounts advised by T. Rowe Price Associates, with participation from new investors including Fidelity Management & Research Co. LLC and Baillie Gifford.
The round also includes existing investors such as SoftBank Vision Fund 1 and Greylock.
“We are witnessing an unprecedented shift in consumer demand...