Total amount raised
$2.3B
Latest funding date
2025-08-21
Location
Nuro has successfully raised significant funding over 10 rounds, with notable investments from Pledge Ventures and Kindred Ventures. The company has also secured a $106 million raise and a $203 million funding round backed by Nvidia.
Keep reading to explore the intricacies of Nuro's fundraising journey and the investors backing this innovative platform.
Nuro has raised over $2.3 billion across multiple rounds, including a landmark $940 million Series B led by SoftBank Vision Fund and a $600 million Series D led by Tiger Global Management. Its most recent funding is a completed $203 million Series E round closed in August 2025 at a $6 billion valuation, backed by investors including Nvidia, Uber, T. Rowe Price, Fidelity, Tiger Global, Greylock, and others.
Keep reading to explore Nuro's full fundraising journey, its key investors, and what's next for the autonomous driving company.
What Is Nuro?
Nuro, founded in 2016 by former Google engineers Dave Ferguson and Jiajun Zhu, is headquartered in Mountain View, California. The company specializes in robotics and autonomous driving technologies, operating across the Artificial Intelligence, Autonomous Vehicles, Robotics, and Transportation sectors. Initially focused on building purpose-built delivery robots, Nuro has pivoted to licensing its proprietary autonomy technology — the Nuro Driver™ — for a wide range of applications including robotaxis, commercial delivery fleets, and personally owned autonomous vehicles. Validated with over 1.7 million autonomous miles, the Nuro Driver is an AI-first self-driving system developed through years of real-world deployment. Nuro collaborates with major partners such as Uber and Lucid to bring its technology to market, and employs between 501 and 1,000 people.
How Much Funding Has Nuro Raised?
- Series A
- Amount Raised: USD 92,000,000
- Date: January 2018
- Lead Investors: Gaorong Capital (Banyan Capital), Greylock Partners
- Motivation: To build early prototypes and advance autonomous delivery technology.
- Series B
- Amount Raised: USD 940,000,000
- Date: February 2019
- Lead Investors: SoftBank Vision Fund
- Motivation: To scale operations, expand engineering teams, and accelerate vehicle development.
- Series C
- Amount Raised: USD 500,000,000
- Date: November 2020
- Lead Investors: T. Rowe Price Associates
- Other Participants: Fidelity Management & Research Company, Baillie Gifford, SoftBank Vision Fund 1, Greylock
- Motivation: To expand the delivery fleet and launch new commercial partnerships.
- Series D
- Amount Raised: USD 600,000,000
- Date: November 2021
- Lead Investors: Tiger Global Management
- Other Participants: Baillie Gifford, Fidelity, Gaorong Capital, Google (Alphabet), Kroger, SoftBank Vision Fund 1, T. Rowe Price, Woven Capital
- Valuation: USD 8,600,000,000
- Motivation: To commercialize next-generation autonomous delivery vehicles and expand operations nationally.
- Non-Equity Assistance
- Amount Raised: Undisclosed
- Date: February 2024
- Investor: Disney Accelerator
- Motivation: To leverage strategic partnerships for technological advancements.
- Secondary Market
- Amount Raised: Undisclosed
- Date: April 2024
- Lead Investors: Undisclosed
- Motivation: To provide liquidity for early investors and employees.
- Series E – Tranche 1
- Amount Raised: USD 106,000,000
- Date: April 2025
- Investors: T. Rowe Price Associates, Fidelity Management & Research Company, Tiger Global Management, Greylock Partners, XN LP
- Valuation: USD 6,000,000,000
- Motivation: To scale autonomous driving technology and advance commercial partnerships.
- Series E – Tranche 2 (Close)
- Amount Raised: USD 97,000,000
- Date: August 21, 2025
- Lead Investors: Nvidia, Uber
- Other Participants: Baillie Gifford, Icehouse Ventures, Kindred Ventures, Pledge Ventures
- Valuation: USD 6,000,000,000
- Motivation: To advance AI-first self-driving technology and deepen commercial partnerships.
Total Amount Raised: Over USD 2,300,000,000 (based on disclosed funding rounds; the Series E totals $203M across two tranches).
Key Investors
- Tiger Global Management
- Details: A leading global investment firm focused on private and public technology companies. Lead investor in Nuro's Series D ($600M, 2021) and participant in Series E.
- Investment Focus: Technology, consumer, industrial sectors.
- Notable Investments: Facebook, LinkedIn, Spotify, Stripe.
- SoftBank Vision Fund
- Details: One of the world's largest technology investment funds. Led Nuro's landmark $940M Series B in 2019, valuing Nuro at approximately $2.7 billion at the time.
- Investment Focus: AI, robotics, mobility, telecommunications.
- Notable Investments: Uber, WeWork, Arm Holdings.
- T. Rowe Price Associates
- Details: A major global asset management firm. Lead investor in Nuro's Series C and participant in Series E.
- Investment Focus: Technology, healthcare, consumer, financial sectors.
- Notable Investments: Airbnb, Robinhood, Lyft.
- Greylock Partners
- Details: A prominent Silicon Valley venture capital firm. Co-led Nuro's Series A and participated in subsequent rounds including Series E.
- Investment Focus: Enterprise software, consumer, AI, robotics.
- Notable Investments: LinkedIn, Airbnb, Dropbox, Discord.
- Nvidia
- Details: A global leader in AI and semiconductor technology. New investor in Nuro's Series E (August 2025 close), co-leading the $97M second tranche alongside Uber.
- Investment Focus: AI, autonomous vehicles, data centers, robotics.
- Notable Investments: Various AV and AI startups globally.
- Uber
- Details: Global ride-hailing and logistics leader. New strategic investor co-leading the August 2025 Series E close alongside Nvidia, tied to a broader commercial partnership with Nuro.
- Investment Focus: Autonomous vehicles, mobility, logistics.
- Notable Investments: Aurora Innovation, Joby Aviation.
What's Next for Nuro?
Nuro is set to expand its autonomous delivery network through deeper retail partnerships and advanced AI-driven logistics solutions. With regulatory approval to deploy large fleets and collaborations with companies like Google Cloud, Nuro is positioned to scale real-world commercial operations. Continued investment in next-generation electric delivery vehicles and urban logistics automation will shape its path toward large-scale, driverless delivery adoption.
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