Nuro Raises $203M in Series E Funding, Valued at $6 Billion with NVIDIA as Backer

Nuro, Inc. closed a $203 million Series E funding round, valuing the company at $6 billion. NVIDIA joined existing investors like Uber, which has operated a partnership with Nuro since 2022. Nuro focuses on Level 4 autonomous vehicles and has partnerships with Uber and Lucid Motors. The funding will support the company's continued growth and development of its AI-enabled Nuro Driver system.

Nuro Inc., a leading autonomous driving technology company, has closed a $203 million Series E funding round, increasing its valuation to $6 billion. The funding round, which includes investments from Uber, Baillie Gifford, Icehouse Ventures, Kindred Ventures, NVIDIA, and Pledge Ventures, follows a previous tranche of $106 million announced in April 2025 [1].

The new capital will enable Nuro to scale its AI-first autonomous technology and expand its commercial partnerships. Nuro offers its advanced Nuro Driver™ system to automotive manufacturers and mobility providers, providing a cost-effective path to integrate its proven technology into commercial fleets, ride-hailing services, and personal vehicles [1].

Uber, which has been a strategic partner since 2022, has committed to an investment in Nuro, conditioned on achieving a schedule of development and commercial milestones. This investment is part of a broader partnership with Lucid Motors to deploy 20,000 or more Lucid vehicles integrated with the Nuro Driver™ across dozens of markets worldwide [1, 2, 3].

NVIDIA, a long-term technical collaborator, has expanded its relationship with Nuro to include investment. Nuro's latest compute module is built on the NVIDIA DRIVE AGX Thor platform, and the company uses NVIDIA GPUs in the cloud for large-scale data processing and model training [1, 3].

Nuro has raised over $2.3 billion to date and remains among the few companies that have successfully deployed autonomous vehicles at city scale with no safety driver. The company is well-positioned to continue its growth and focus on delivering new commercial partnerships to realize autonomy at a global scale [1, 2].

References:
[1] https://finance.yahoo.com/news/nuro-closes-203-million-series-123000194.html
[2] https://eletric-vehicles.com/lucid/lucid-and-uber-robotaxi-partner-nuro-secures-203m-in-new-funding-round/
[3] https://electrek.co/2025/08/21/nuro-inc-snags-203m-funding-6-billion-valuation-nvidia/