Nuro Reaches $6B Valuation as Series E Round Includes Uber, Nvidia

Dow Jones
08/22
 

By Josh Beckerman

 

Nuro, which collaborated with Domino's Pizza on robotic deliveries and is now pursuing robotaxi plans, said its valuation has reached $6 billion.

The company closed a $203 million Series E funding round that included Uber and Nvidia, adding $97 million to a $106 million tranche announced in April. The round also included Baillie Gifford, Icehouse Ventures, Kindred Ventures and Pledge Ventures.

Mountain View, Calif.-based Nuro, founded in 2016, has raised more than $2.3 billion to date. Its investors have included SoftBank Group, Chipotle and Kroger.

Last month, Nuro, Uber and Lucid Group said they would collaborate on a robotaxi service. The companies expect to offer the service "later next year in a major US city." Uber aims to deploy 20,000 or more Lucid vehicles equipped with the Nuro Driver over six years.

At the time, Uber said it would make multi-hundred-million dollar investments in both Nuro and Lucid.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

August 21, 2025 13:46 ET (17:46 GMT)

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