California-based self-driving startup Nuro has raised $203 million in its latest funding round, valuing the company at $6 billion.
The round drew in new investors Uber and Nvidia, alongside existing backers such as T. Rowe Price, Fidelity, and Tiger Global, underscoring continued confidence in the company’s autonomous vehicle technology.
The raise follows an earlier $106 million tranche announced in April, bringing Nuro’s total for this round to $203M. While the new valuation is below the $8.6 billion peak in 2021, the company says the outcome remains strong given today’s recalibrated market environment.
“This is a strong outcome for the current climate,” a spokesperson of the company noted, pointing to shifting investor priorities towards AI-driven companies.
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From delivery bots to a universal driver platform
Founded in 2016 by Jiajun Zhu and Dave Ferguson, both veterans of Google’s self-driving program (now Waymo), the firm has evolved from building delivery robots to developing the Nuro Driver, a universal autonomous driving platform.
The company is now focused on licensing its technology for use across robotaxis, commercial fleets, and personal vehicles. Partnerships are central to this strategy: Nuro recently teamed up with Lucid and Uber to deploy more than 20,000 Lucid Gravity SUVs equipped with Nuro’s system across dozens of markets starting in 2026.
Strategic investors to fuel scale
With Uber and Nvidia joining its cap table, the company aims to accelerate its technology roadmap and global commercialization. The company believes these partnerships, paired with long-term institutional support, position it to bring autonomous driving to everyday use cases at scale.
