Palo Alto – February 11, 2019 – Cooley advised the SoftBank Vision Fund on its $940 million investment in Nuro, a robotics company transforming local commerce. Partners Matthew Bartus, co-chair of Cooley’s global emerging companies practice, and Bradley Libuit led the team advising SoftBank on the investment.
“Nuro’s world-class team has successfully scaled their self-driving technology out of the lab and into the streets,” said SoftBank Investment Advisers Managing Partner Michael Ronen in a news release. “In just two years Dave, Jiajun and team have developed Nuro from a concept into a real business using robotics to connect retailers to customers.”
Nuro is a robotics company that combines software and hardware expertise to design and build products that accelerate the benefits of robotics for everyday life. Nuro's first product is a self-driving service for local goods transportation. The company is led by world-renowned experts in robotics, artificial intelligence and computer vision.
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