Nuro.ai, a two-year-old startup that emerged from stealth today, announced that it has secured $92 million in funding to build small, autonomous delivery trucks.
The Silicon Valley startup developed its own self-driving system, but where its competitors talk about ridesharing, trucking, deliveries, and any other use case they can think of, Nuro is focused. Nuro.ai was founded by two former lead Google engineers who worked on the famed self-driving car project.
The two decided upon making it easier to move cargo around in small areas. Ferguson says they settled on commercial deliveries for three reasons: It was a project that could reach a lot of people, it offered a technical challenge and a sustainable business model, and it could be executed within three to five years.
“We started Nuro to make products that will have a massive impact on the things we do every day,” said Nuro Co-founder Dave Ferguson. “Our world-class software, hardware, and product teams have spent the past 18 months applying their expertise to deliver on this mission. The result is a self-driving vehicle designed to run your errands for you. It is poised to change the way that businesses interact with their local customers.”
Nuro’s new vehicle is designed specifically to move goods between and among businesses, neighborhoods and homes. The fully autonomous vehicle is unmanned and about half the width of a passenger car. It’s built with ultra-light materials and designed for neighborhoods. These combined design elements will make it one of the safest vehicles on the road. Additional details including images and video are available here.
“We aspire to lead a new wave of robotics applications that make life easier for everyone and give us more time to do things we love,” said Nuro Co-founder Jiajun Zhu. “We are living in extraordinary times where advancements in robotics, AI and computer vision are making it possible to imagine products and services that could not have existed just 10 years ago.”
Nuro will forge partnerships with businesses big and small seeking new ways to cost effectively transport goods and create new experiences for their customers.