February 11, 2019 / 2:21 PM / 4 months ago

Startup Nuro raises $940 mln from SoftBank's Vision Fund

Feb 11 (Reuters) - Autonomous technology startup Nuro said on Monday it has raised $940 million from SoftBank’s Vision Fund, which valued the Silicon Valley-based company at $2.7 billion.

Nuro, co-founded by two former engineers from Google’s self-driving car project, Dave Ferguson and Jiajun Zhu, last year launched a self-driving delivery vehicle that can run errands from picking up groceries to delivering dinner. (Reporting by Munsif Vengattil in Bengaluru; Editing by Arun Koyyur)

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