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, Palo Alto
Bradley Libuit Partner, San Francisco
Howard Morse Partner, Washington, DC
Katherine W. Ambrose Associate, San Francisco
Emily Iannarelli Associate, Palo Alto
Zander Olsson Associate, San Francisco
Christopher Kimball Special Counsel, Washington, DC
Blake Martell Partner, San Francisco
Vince Flynn Associate, San Diego
Austin Holt Associate, Los Angeles
Ross Eberly Associate, Los Angeles
Adit Khorana Partner, Palo Alto
Kimberly Nguyen Associate, Reston
Anders Fernstrom Associate, Reston
Erin Estevez Associate, Washington, DC
Laurie McCarty Regulatory Communications Advisor, Washington, DC
Aaron Pomeroy Partner, Colorado
David Dalton Associate, San Francisco