Nuro, the SoftBank-backed autonomous driving technology company, has closed a $203mn funding round involving Uber and Nvidia, as investor appetite in self-driving vehicles swells. The deal brings the California-based company’s total valuation to $6bn, including new funds, Nuro said on Thursday. The transaction comes as groups including Uber and Nvidia ratchet up spending in the space, with the ride-hailing platform and chipmaker making bets on autonomous driving technology. Nuro closed the funding round several months after the company raised $106mn as part of a first tranche of investment. Bailie Gifford also participated in the most recent round. Dave Ferguson, Nuro’s co-founder and president, said: “With this new capital, we’re well-positioned to continue our next phase of growth, which will see us focus on delivering new commercial partnerships to realise autonomy at global scale.” Nuro was founded in Silicon Valley in 2016 by Jiajun Zhu and Ferguson, two veterans of Google’s self-driving car project, now known as Waymo. Nuro intended to build autonomous delivery robots, but has since pivoted to licensing its platform and services.
Waymo’s success in rolling out autonomous robotaxis across several US cities including Austin, Phoenix and San Francisco, has spurred investor interest in the space. Traditional carmakers such as General Motors and Ford are making investments in self-driving systems, while Amazon and Tesla are also pursuing fully autonomous vehicles.

Full report : Autonomous driving tech startup Nuro closed its $203 million Series E at a $6 billion valuation, adding $97 million from Uber, Nvidia, and others to the $106 million tranche from April 2025.