Korean AV and TaaS start-up 42dot will utilize Series A funding to further develop autonomous-driving technologies and mobility platform for land and air transport services.

$600 million round to support the development and deployment of Nuro’s autonomous delivery service in the US, and to scale production of Nuro’s 3rd generation, low-speed, electric self-driving vehicles at the company’s Nevada manufacturing facility.

Expected Biden administration infrastructure initiatives, combined with favorable autonomous vehicle (AV) regulatory and testing environments in the U.S. are expected to spur AV deployments.