This “toaster on wheels” is valued at $5B

first_img You have entered an incorrect email address! Please enter your email address here The Anatomy of Fear Save my name, email, and website in this browser for the next time I comment. Photo/gif courtesy of The Hustle Share on Facebook Tweet on Twitter Please enter your comment! Support conservation and fish with NEW Florida specialty license plate center_img LEAVE A REPLY Cancel reply Please enter your name here TAGSBusinessDeliveryNuroSelf-DrivingThe Hustle Previous articleUnderstanding Your Employee Rights After a Failed Drug TestNext articleAAA advises with travel tips, even with fewer Americans traveling this Thanksgiving Denise Connell RELATED ARTICLESMORE FROM AUTHOR New funding alertFrom The HustleNuro is a startup creating autonomous delivery vehicles.Forbes calls it a “toaster on wheels” — which apparently makes it the most valuable toaster in the world.Founded by 2 ex-Googlers (or Xooglers, per obnoxious company parlance), Nuro is fresh off a $500m funding round that values the company at $5B.Nuro’s self-driving toaster is smaller than a carFormally known as the R2, the vehicle has no steering wheels or pedals, tops out at 25mph and is “about half the size of a mid-size passenger car.”Its feature sheet is also a real hoot:Touch screen: For customers (or law enforcement, lol)360-degree view: Sensors all around the car make it road safePedestrian-protecting front end: Specially designed panels absorb front-end impactThe business model won’t charge customersRather, restaurants, grocers, and retailers who want their goods delivered locally will pay a fee.Per TechCrunch, Nuro ran a pilot with Walmart, Domino’s, and CVS in 2018. With $1.5B in total funding, the startup will continue to improve its product by testing on public roads in Arizona, Texas, and California.This all sounds very exciting but we should mention that none of the funding news answers our most pressing question: How many slices of sourdough bread can a Nuro toast at once? Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 last_img

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