Nuro Closes $203 Million Series E Financing to Advance Its AI-First Self-Driving Technology and Commercial Partnerships

Nuro, developer of software and hardware for self-driving vehicles, led by Jiajun Zhu, Dave Ferguson, Andrew Chapin, and others, has raised $203 million in Series E financing from Uber, returning investor Baillie Gifford, and new investors Icehouse Ventures, Kindred Ventures, NVIDIA, and Pledge Ventures. The additional $97 million in funding follows the first tranche of $106 million announced in April 2025. Investors announced in April included accounts advised by T. Rowe Price Associates, Inc., Fidelity Management & Research Company, Tiger Global Management, Greylock Partners, and XN. This brings the company valuation to $6 billion.

Nuro has secured new funding to scale its AI-first autonomous driving system and expand commercial partnerships. Its Nuro Driver™ platform offers automakers and mobility providers a cost-effective way to integrate proven self-driving technology into fleets, ride-hailing services, and personal vehicles.

Nuro has expanded its long-standing technical collaboration with NVIDIA to include investment, with its latest compute module built on NVIDIA's DRIVE AGX Thor platform and its AI workloads powered by NVIDIA GPUs in the cloud. In June, Nuro joined NVIDIA’s Halos Lab to validate the safety of its autonomous systems.

In July, Nuro partnered with Lucid and Uber to launch a next-generation global robotaxi service, aiming to deploy over 20,000 Lucid vehicles equipped with Nuro's Driver technology across multiple markets, starting in a major U.S. city next year. Uber also committed to investing in Nuro, tied to development milestones included in this Series E round.

With over $2.3 billion raised and nearly a decade of R&D, Nuro is one of the few companies to deploy autonomous vehicles at city scale without a safety driver.