Nuro Raises $600 Million, Valuation Reaches $8.6 Billion

While the concept of mobility has often turned out to be a buzz phrase used by executives unsure of where to place hypothetical revenue streams and burgeoning technologies, it has simultaneously yielded a handful of enterprising business premises with the potential to stand on their own. Nuro, the American robotics company fielding pint-sized delivery drones, is among them and has made a case for itself by eliminating humans from the equation entirely and providing unique scenarios for its services.

The startup has been getting a smattering of positive attention since its formation in 2015 and recently raised $600 million during its latest funding round, bringing its valuation to an impressive $8.6 billion.

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Domino's Delivers Pizzas Autonomously in Houston

Domino’s has launched autonomous pizza delivery in Houston, Texas this week. Customers can choose to have their meal delivered by Nuro’s R2 robot. Nuro has the first completely autonomous on-road delivery vehicle approved by the U.S. Department of Transportation.

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California Greenlights Autonomous Delivery Vehicles for Public Roads

On Tuesday, self-driving startup Nuro received a permit from the State of California to commence testing on certain public roads. Issued by the state’s Department of Motor Vehicles, the document allows its fleet of driverless delivery bots to mingle with traffic.

On a national level, Nuro’s vehicles are technically illegal without a smidgen of government help. U.S. Federal Motor Vehicle Safety Standards mandate road-going automobiles have things like windshields, airbags, and mirrors. Meanwhile, Nuro’s small delivery units don’t even have space for a driver — requiring the Department of Transportation to make regulatory exemptions for the brand in February after debating the issue for over a year.

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  • Redapple2 Style looks good. Maybe better now than when new. (is that possible?)Had one. New. 2 yr supplier lease deal. In the shop 2x in the first 5000 miles. Now I drive Japanese products.
  • Aja8888 Yes, the timing chains are OK, for now...............🤥
  • James Jones The only thing that concerns ,me is a government-mandated back door--you get in and your car drives you to the police station where yo are arrested for crimes against the state, or "you can't drive because we must achieve our energy conservation goals". Not to mention that once there's a back door, any sufficiently smart person can use it--you can't create a back door only usable by those whose hearts are true. So then there'd be the risk of someone telling my self-driving car to drive off the side of a mountain/into a river/etc.
  • 3-On-The-Tree Jeff I also have a 1980 Suzuki GS1000G I rode during college and it was a lot of fun. My other bike was a 1977 Suzuki GT 750 2 stroke. My post army retirement time will be restoring those old bikes next to the 02 Hayabusa, 05 Suzuki Vstrom and klr 650. I love riding but at much reduced speeds nowadays. I got it out of my system as a young flight Lieutenant.
  • Canam23 I really like the Rivian, but no matter what it's payload is, it will be completely weighed down by smugness if they team up with Apple.