Nuro closes $203M to propel AI-first self-driving tech, commercial partnerships

The Nuro Driver has been tested and deployed in vehicles in Las Vegas and other cities. Source: Nuro

Nuro Inc. today announced that it has closed a Series E round of $203 million at a $6 billion valuation. The company said it plans to use the funding to scale its “AI-first” autonomous driving technology and to grow its commercial partnerships.

“The closing of our Series E reinforces the strong conviction our investors and strategic partners have in Nuro’s technology, our scalable approach to commercialization, and our vision for the future of autonomy,” stated Dave Ferguson, co-founder and president of Nuro. “With this new capital, we’re well-positioned to continue our next phase of growth, which will see us focus on delivering new commercial partnerships to realize autonomy at global scale.”

Founded in 2016, Nuro said it is combining cutting-edge artificial intelligence with automotive-grade hardware. The Mountain View, Calif.-based company offers its Nuro Driver to support applications ranging from robotaxis and commercial fleets to personally owned vehicles. Its stated mission is “to make autonomy accessible to all.”

Nuro Driver rolls out worldwide

The company licenses its autonomous driving system to automotive manufacturers and mobility providers. With five years of real-world deployments across multiple states, Nuro said it is one of the few companies to have successfully deployed autonomous vehicles at city scale with no safety driver.

In April, the company deployed a test fleet to Japan to train Nuro Driver.

In July, Nuro partnered with Lucid and Uber to launch a next-generation ride-hailing service. Over the next six years, the trio plans to deploy 20,000 or more Lucid vehicles integrated with Nuro Driver across dozens of markets worldwide, beginning in a major U.S. city in 2026.

As part of this partnership, Uber committed to investing in the company, which must achieving a schedule of development and commercial milestones, as part of its Series E round.

Technology leaders join investment round

Baillie Gifford returned as an investor in Nuro’s latest funding. New participants included Uber, Icehouse Ventures, Kindred Ventures, NVIDIA, and Pledge Ventures.

Nuro has collaborated for years with NVIDIA, which is now also an investor. Its latest compute module is built on the NVIDIA DRIVE AGX Thor platform, and the company uses NVIDIA graphics processing units (GPUs) in the cloud for large-scale data processing and model training. In June, it joined the NVIDIA Halos AI Systems Inspection Lab to validate the safe integration of its products.

The additional $97 million in funding follows the first tranche of $106 million announced in April 2025. Investors at that time included funds and accounts advised by T. Rowe Price Associates Inc., Fidelity Management & Research Co., Tiger Global Management, Greylock Partners, and XN.

Nuro said it has raised over $2.3 billion to date.

---

---