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Announced

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

Synopsis

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.

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