Last Updated: 9 April 2025
Nuro, the autonomous driving company headquartered in Mountain View, California, has raised $106 million in an ongoing Series E round.
The round values the company at $6 billion and brings its total funding to date to $2.2 billion.
The investment includes participation from both new and returning investors. Notable names include T. Rowe Price Associates, Fidelity Management & Research, Tiger Global Management, Greylock Partners, and XN LP. Additional strategic investors are expected to be announced soon as part of broader commercial partnerships.
This new round of funding reflects growing investor support for Nuro’s vehicle-agnostic, licensing-driven model. Rather than manufacturing vehicles, Nuro focuses on embedding its self-driving platform into third-party fleets, from robotaxis and delivery vehicles to personal cars.
With more than eight years of research and development, including four years of real-world autonomous operations in California and Texas, Nuro is one of the few companies to operate Level 4 driver-out technology on public roads without a safety driver.
"We're excited to see strong investor enthusiasm for our Series E. 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."
Jiajun Zhu, co-founder and CEO of Nuro
The Series E capital will be used to scale Nuro’s AI-based technology platform and strengthen its network of partners.
The company’s goal is to make its Nuro Driver products available across a wide range of applications, with a particular focus on commercial integration.
Nuro also plans to deepen its footprint in key U.S. markets and invest in expanding the capabilities of its two core products: Nuro Driver (Level 4 autonomy) and Nuro Driver Assist (Level 2++). These systems are designed for flexibility, supporting both passenger and goods delivery vehicles.
Founded in 2016 by former Google engineers Jiajun Zhu and Dave Ferguson, Nuro has built its reputation through quiet execution and consistent technological milestones. It has transitioned from pilot programs to scalable deployments, emphasizing safety, reliability, and real-world performance.
The company’s physical AI approach—where hardware and software are developed hand-in-hand—has helped it deliver consistent results across platforms.
Nuro’s work spans delivery robots, ride-hailing applications, and potential consumer vehicle integrations.
In addition to the latest backers, Nuro has previously secured funding from a strong lineup of investors. These include SoftBank, Baillie Gifford, Toyota’s Woven Capital, and the Canada Pension Plan Investment Board. Together, they’ve supported the company’s long-term vision of AI-first, driver-out autonomy.
Details on new strategic partners involved in the current round are expected soon, potentially signaling new commercial deals that will expand Nuro’s reach.
