Nuro raises $106 million, valued at $6 billion, focusing on self-driving technology and partnerships.

From Yahoo Finance: 2025-04-09 09:13:00

Autonomous driving startup Nuro secures $106 million in funding, reaching a $6 billion valuation, betting on the future of mobility. Investors include T Rowe Price, Fidelity, Tiger Global, and Greylock Partners. Nuro, hit by layoffs in 2022, is now focusing on cautious progress in commercializing self-driving technology. Investor appetite for self-driving vehicles remains high, with Tesla and Waymo making strides in autonomous ride-hailing services. Nuro expands its business model to offer automakers and mobility licenses for its technology, partnering with Uber Eats for unmanned food delivery. Founded by former Google engineers, Nuro plans to use the funds to scale its AI technology and advance commercial partnerships.



Read more at Yahoo Finance: Nuro secures $6 billion valuation in latest funding round