Google backs AV-maker Nuro in latest $600M funding round

Nuro announces $600 million Series D funding round led by Tiger Global with participation from Google and Kroger

Autonomous vehicle maker Nuro on Tuesday announced a $600 million financing round led by Tiger Global Management to develop and deploy its robot delivery network nationwide. Notably, the series D included new participation from Alphabet property Google (NASDAQ: GOOGL) and grocery retailer Kroger (NYSE: KR).

In total, Nuro has now raised over $2 billion to reach a valuation of about $8.6 billion, an anonymous source familiar with the round told TechCrunch. The robo-delivery company’s previous...

https://www.freightwaves.com/news/google-backs-av-maker-nuro-in-latest-600m-funding-round

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