Toyota fund Woven Capital invests in Nuro delivery robots

The global investment fund Woven Capital has announced its equity investment in the robotics company Nuro Inc. This participation marks the fund's first investment since its establishment by the Woven Planet Group in January 2021. The subsidiary of Toyota is dedicated to the themes of automated driving, smart cities, and robotics. Nuro will drive the development and construction of self-driving delivery vehicles in the coming months and years, aiming to sustainably transform local commerce through autonomous delivery. With its investment, the Woven Planet Group underscores its intention to support companies in developing innovative technologies and business models in the fields of mobility, automation, and artificial intelligence.

“Nuro is a true market leader for autonomous vehicles in local goods delivery. Thanks to its state-of-the-art technology and strong partnerships with leading US brands, Nuro makes everyday commerce safer and more efficient,” believes George Kellerman, Managing Director of Woven Capital.