Autonomous delivery vehicle start-up raises $940m

Three year-old autonomous delivery van start-up Nuro of New Jersey has received a $940 million investment from The Vision Fund. Nero, which was founded by two Waymo engineers, has now raised $1 billion. SoftBank’s investment was made at a company valuation of $2.7 billion. Nuro began running a delivery service in San Francisco last year and says it now plans to expand into other areas and look for partners, It currently works with supermarket Kroger to deliver its goods,