Nuro Nabs $600M, Now Valued at $8.6B
Automated vehicle company Nuro landed a fresh $600 million Series D fundraising round and brought in some notable investors as it reached a valuation of $8.6 billion. Nuro, the company behind a growing fleet of Smart-car-sized automated delivery vehicles, attracted a...
Uber to Sell Stakes in Yandex Ventures
Uber is set to sell its ownership stake in a handful of joint ventures with Russian Internet giant Yandex. According to a release from Yandex, Uber’s board approved the sale of shares in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. Uber is set to sell...
Q&A: El Pollo Loco’s Drone Test
El Pollo Loco is set to be the first quick-service restaurant to test drone delivery in the U.S. The “LA Mex” brand will test the capabilities in 10 Southern California locations. It’s partnered with drone operator Flytrex to do the flying, which...
Toast POS Set to Go Public
Toast, the unicorn point of sale provider, has filed to go public. According to SEC documents, the company has grown to just short 48,000 restaurant partners and saw $23.4 billion flow through its system in the six months ending with June, 30 2021. That puts the...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.