Nuro Secures $203M in Series E Funding, Led by UBER and NVDA, for Autonomous Delivery Expansion

Nuro, an autonomous vehicle tech company, has raised $203 million in Series E funding, backed by Uber and NVIDIA. The funds will support Nuro's expansion in the last-mile delivery market, enhancing its autonomous delivery services and strengthening its position in the competitive logistics sector.

Nuro, a leading developer of self-driving software for delivery and ride-hailing services, has raised $203 million in a Series E funding round, bringing its post-money valuation to $6 billion. This latest funding round includes a second tranche of $97 million announced in August, following an initial $106 million raised in April this year. The investment round was led by existing backer Baillie Gifford, alongside new investors such as Icehouse Ventures, Kindred Ventures, Pledge Ventures, and Nvidia. Notably, Uber, which has a broader partnership with Nuro and electric vehicle manufacturer Lucid, also participated in the funding [1].

The $203 million funding will enable Nuro to continue expanding its commercial partnerships and advancing its AI-first approach to self-driving technology. The company, which employs approximately 700 people, has shifted its strategy from operating its own fleet of low-speed delivery bots to licensing its Nuro Driver autonomous technology to third-party automakers and mobility providers. This pivot follows a period of consolidation within the autonomous vehicle (AV) industry, during which Nuro implemented several rounds of layoffs in 2022 and 2023 [2].

Since 2024, Nuro has been focusing on delivering commercial partnerships, including a high-profile collaboration with Uber and Lucid to launch a global robotaxi service. Under this partnership, Uber agreed to invest $300 million in Lucid and purchase at least 20,000 all-electric Lucid Gravity SUVs equipped with Nuro’s self-driving technology over six years [1].

Nuro's technology is deeply integrated with hardware and compute infrastructure, particularly through its long-standing partnership with Nvidia. The startup utilizes Nvidia GPUs for large-scale data processing and model training, with its latest compute model built on the Nvidia Drive AGX Thor platform. This strategic alignment underscores the importance of advanced hardware in developing scalable AV systems and supports Nuro’s broader goal of achieving autonomy at a global scale [1].

The Series E funding will also support Nuro's expansion in the last-mile delivery market, enhancing its autonomous delivery services and strengthening its position in the competitive logistics sector. The company has already made strides in optimizing its technology for real-world deployment, with operations underway in three U.S. cities [2].

References:
[1] Nvidia is latest investor to back AV startup Nuro in $203M ... (https://techcrunch.com/2025/08/21/nvidia-is-latest-investor-to-back-av-startup-nuro-in-203m-funding-round/)
[2] Nuro Closes $203 Million Series E Financing to Advance Its AI-First Self-Driving Technology and Commercial Partnerships (https://www.nuro.ai/blog/nuro-closes-203-million-series-e-financing-to-advance-its-ai-first-self-driving-technology-and-commercial-partnerships)