SoftBank Vision Fund Invests $940 Million in Nuro

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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Related Contacts
Matthew Bartus  Partner San Francisco, Singapore, Palo Alto
Howard Morse  Partner Washington, DC
Katherine W. Ambrose  Associate San Francisco
Emily Iannarelli  Associate Palo Alto
Zander Olsson  Associate San Francisco
Christopher Kimball  Partner Washington, DC
Blake Martell  Partner San Francisco
Vince Flynn  Associate San Diego
Austin Holt  Associate Los Angeles – Santa Monica, Los Angeles – Downtown
Ross Eberly  Partner Los Angeles – Santa Monica, Los Angeles – Downtown
Cristina DeBiase  Associate Washington, DC
Kimberly Nguyen  Special Counsel Reston
Anders Fernstrom  Associate Reston
Laurie McCarty  Regulatory Communications Advisor Washington, DC
Aaron Pomeroy  Partner Colorado
David Dalton  Associate Los Angeles – Santa Monica, Los Angeles – Downtown