The Nuro Driver has been examined and deployed in autos in Las Vegas and different cities. Supply: Nuro
Nuro Inc. as we speak introduced that it has closed a Sequence E spherical of $203 million at a $6 billion valuation. The corporate mentioned it plans to make use of the funding to scale its “AI-first” autonomous driving expertise and to develop its industrial partnerships.
“The closing of our Sequence E reinforces the sturdy conviction our buyers and strategic companions have in Nuro’s expertise, our scalable strategy to commercialization, and our imaginative and prescient for the way forward for autonomy,” said Dave Ferguson, co-founder and president of Nuro. “With this new capital, we’re well-positioned to proceed our subsequent section of progress, which is able to see us give attention to delivering new industrial partnerships to understand autonomy at world scale.”
Based in 2016, Nuro mentioned it’s combining cutting-edge synthetic intelligence with automotive-grade {hardware}. The Mountain View, Calif.-based firm provides its Nuro Driver to assist functions starting from robotaxis and industrial fleets to personally owned autos. Its said mission is “to make autonomy accessible to all.”
Nuro Driver rolls out worldwide
The corporate licenses its autonomous driving system to automotive producers and mobility suppliers. With 5 years of real-world deployments throughout a number of states, Nuro mentioned it is among the few corporations to have efficiently deployed autonomous autos at metropolis scale with no security driver.
In April, the corporate deployed a take a look at fleet to Japan to coach Nuro Driver.
In July, Nuro partnered with Lucid and Uber to launch a next-generation ride-hailing service. Over the subsequent six years, the trio plans to deploy 20,000 or extra Lucid autos built-in with Nuro Driver throughout dozens of markets worldwide, starting in a significant U.S. metropolis in 2026.
As a part of this partnership, Uber dedicated to investing within the firm, which should attaining a schedule of improvement and industrial milestones, as a part of its Sequence E spherical.
Know-how leaders be a part of funding spherical
Baillie Gifford returned as an investor in Nuro’s newest funding. New contributors included Uber, Icehouse Ventures, Kindred Ventures, NVIDIA, and Pledge Ventures.
Nuro has collaborated for years with NVIDIA, which is now additionally an investor. Its newest compute module is constructed on the NVIDIA DRIVE AGX Thor platform, and the firm makes use of NVIDIA graphics processing models (GPUs) within the cloud for large-scale knowledge processing and mannequin coaching. In June, it joined the NVIDIA Halos AI Methods Inspection Lab to validate the secure integration of its merchandise.
The extra $97 million in funding follows the primary tranche of $106 million introduced in April 2025. Traders at the moment included funds and accounts suggested by T. Rowe Value Associates Inc., Constancy Administration & Analysis Co., Tiger International Administration, Greylock Companions, and XN.
Nuro mentioned it has raised over $2.3 billion thus far.
