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

Dow Jones
Aug 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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