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Woven Capital invests in robotics specialist

Source: AutoMotoTV (Glomex)

Global investment fund Woven Capital has announced its equity investment in robotics company Nuro, Inc. (Nuro) announced. The investment is the first investment by the fund, which was established by Woven Planet Group in January 2021. The Toyota subsidiary is dedicated to automated driving, smart city and robotics. In the coming months and years, Nuro will advance the development and design of self-driving delivery vehicles to permanently transform local commerce through autonomous delivery. Woven Planet Group's investment underscores its intention to help companies develop innovative technologies and business models in the areas of mobility, automation and artificial intelligence.

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