.
MergerLinks Header Logo

New Deal


Announced

T. Rowe Price led a $500m Series C round in Nuro.

Financials

Edit Data
Transaction Value£380m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Minority

Auto Technology

United States

Venture Capital

Acquisition

Private Equity

Single Bidder

self-driving road vehicles

mobility solutions

Private

Cross Border

Friendly

Pending

Synopsis

Edit

Investment firm T. Rowe Price led a $500m Series C round in Nuro, a robotics company transforming local commerce through autonomous delivery, with participation from Fidelity Management & Research Company, Baillie Gifford, SoftBank Vision Fund and Greylock. "We are witnessing an unprecedented shift in consumer demand for safe and affordable local delivery services. This funding, which brings us together with many of the world’s top investors, positions Nuro confidently toward a future where our world-class technology is adopted into people’s everyday lives," Jiajun Zhu, Nuro CEO and Co-Founder. On March 25, 2021; Woven Capital and Chipotle join the T. Rowe Price-led $500m Series C round in Nuro.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US