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SoftBank advances driverless dreams with delivery startup Nuro

$940m investment follows similar stakes in DoorDash and Zume Pizza

A Nuro car is used in a self-driving grocery delivery service in the U.S. state of Arizona under a tie-up with Kroger. (Photo courtesy of Kroger) 

NEW YORK/TOKYO -- SoftBank Group is investing $940 million in driverless-delivery startup Nuro through its $100 billion Vision Fund under plans announced Monday by the Mountain View, California-based company, valuing it at $2.7 billion.

The announcement came only months after Nuro launched an unmanned delivery service for the public with Kroger, a grocery seller dating back to 1883. Privately held Nuro was founded in 2016 by two alumni of Google's self-driving team, now Waymo.

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