Nuro
Level 4 autonomy licensed to automakers — a pivot from delivery bots. $203M Series E at $6B with NVIDIA and Uber aboard.
Overview
Nuro spent seven years building cute driverless delivery pods, then made the harder, smarter call: in 2024 it pivoted to licensing the Nuro Driver — its Level 4 autonomy stack — to automakers and mobility platforms instead of operating vehicles itself. Co-founders Jiajun Zhu and Dave Ferguson, both ex-Waymo principals, run it as co-CEOs. The pivot repriced the company. Its Series E came in two 2025 tranches totaling $203M — T. Rowe Price led the first, NVIDIA's NVentures the second with Uber joining — at a $6B valuation, down from $8.6B in 2021. The Uber relationship matters most: Nuro's driver is slated to power part of Uber's robotaxi supply.
Funding History
NVIDIA leads the second tranche of the $203M Series E, with Uber deepening its robotaxi supply partnership.
T. Rowe Price leads the first tranche backing Nuro's pivot from delivery robots to licensing its autonomy stack.
Frequently Asked Questions
- How much has Nuro raised in total?
- Nuro has raised a total of $203M across 2 funding rounds.
- Who are Nuro's investors?
- Nuro's investors include Tiger Global, NVIDIA, Fidelity, T. Rowe Price, Greylock, and 2 others.
- What does Nuro do?
- Nuro spent seven years building cute driverless delivery pods, then made the harder, smarter call: in 2024 it pivoted to licensing the Nuro Driver — its Level 4 autonomy stack — to automakers and mobility platforms instead of operating vehicles itself. Co-founders Jiajun Zhu and Dave Ferguson, both ex-Waymo principals, run it as co-CEOs. The pivot repriced the company. Its Series E came in two 2025 tranches totaling $203M — T. Rowe Price led the first, NVIDIA's NVentures the second with Uber joining — at a $6B valuation, down from $8.6B in 2021. The Uber relationship matters most: Nuro's driver is slated to power part of Uber's robotaxi supply.
- When was Nuro founded?
- Nuro was founded in 2016 and is headquartered in Mountain View, CA.
- Where is Nuro headquartered?
- Nuro is headquartered in Mountain View, CA.
Investors
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