$106 million raised in the ongoing round, reinforcing Nuro’s proven autonomous technology and licensing-focused business model
Nuro, a leader in autonomous driving technology, announced it has raised $106 million so far in its ongoing Series E funding round, which values the company at $6 billion.
The round includes participation from new and returning investors, as well as strategic partners. Investors include funds and accounts advised by T. Rowe Price Associates, Inc., Fidelity Management & Research Company, Tiger Global Management, Greylock Partners, and XN LP. Details about participating strategic investors will be included in an upcoming partnerships announcement.
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The raise underscores investor confidence in Nuro’s proven autonomy platform and its licensing-driven business model. With more than eight years of development and four years of real-world deployments in California and Texas, Nuro is one of the few companies to have successfully deployed driverless technology at city scale with no safety driver.
By licensing its vehicle-agnostic, cost-effective technology, Nuro enables integration across commercial fleets, robotaxis, and personal vehicles—opening up broad applications for its AI-first self-driving system.
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“We’re excited to see strong investor enthusiasm for our Series E,” said Jiajun Zhu, co-founder and CEO of Nuro. “Our technology, years of experience with driver-out Level 4 deployments, and focus on licensing uniquely position us to help automakers, mobility platforms, and commercial fleets accelerate their autonomy roadmaps.”
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The round brings Nuro’s total funding to $2.2 billion to date. The Series E funding will support Nuro’s next phase of growth—scaling its AI-based technology platform and advancing commercial partnerships. The company will share details on additional Series E participants in the coming weeks.
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Source – PR Newswire
