Delivery news weekly roundup




Our feature story:

RV the delivery bot
RV the delivery bot

Autonomous delivery Nuro hits $5B valuation on fresh funding of $500M

Nuro, the autonomous delivery startup founded by two former Google engineers in 2016, has raised $500 million and now has a post-money valuation of $5 billion.

Nuro had a $2.7 billion valuation following the SoftBank investment, meanings its value doubled in about 18 months. That money has helped it to grow to more than 650 employees.

Unlike many other startups in the AV industry, Nuro has focused its effort on designing a low-speed electric self-driving vehicle that transports packages, not people.

The delivery bot, called R2, which is designed for local delivery service for restaurants, grocery stores, and other businesses, received an exemption from the federal government earlier this year that allows it to operate as a driverless vehicle.

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Entrepreneur's Andrew Medal interviews Onfleet CEO Khaled Naim
Entrepreneur's Andrew Medal interviews Onfleet CEO Khaled Naim: click here to listen

India-based and Alibaba-backed Expressbees secures $110M in new funding
India-based and Alibaba-backed logistics and delivery company Expressbees secures $110M in new funding

Walmart plans to pilot all-electric self-driving delivery in 2021
Walmart plans to pilot all-electric self-driving delivery in 2021

Chinese Pony.ai, a driverless vehicle company, raises an additional $267M for a $5.3B valuation
Chinese Pony.ai, a driverless vehicle company, raises an additional $267M for a $5.3B valuation