Nuro makes small self-driving electric delivery trucks designed for local deliveries, such as groceries or takeout. Its founders previously worked on Google’s Waymo self-driving car project. Overall, the company’s goal is to boost the value of robotics in daily life.
Nuro is a privately held robotics company, its founders were Jiajun Zhu and Dave Ferguson, who were former engineers of Google’s self-driving car project, Waymo. Nuro has raised over $1 billion in venture capital funding from investors such as SoftBank, Sweat Equity Ventures, Gaorong Capital, and Greylock Partners. However, the company has not officially endorsed a plan to participate in an IPO.