<p>-
- Self-driving vehicle startup Nuro valued at $6 billion in late-stage funding round</p>
<p>August 21, 2025 at 8:35 PM</p>
<p>(Reuters) -Self-driving vehicle startup Nuro closed its late-stage funding round on Thursday, raising $203 million at a $6 billion valuation from new investors Uber and Nvidia alongside returning backers.</p>
<p>The latest tranche of $97 million follows the $106 million announced in April, which included investors such as T. Rowe Price, Fidelity, and Tiger Global.</p>
<p>The company's valuation in the latest funding round is lower than the $8.6 billion it was valued at in 2021, according to Pitchbook data.</p>
<p>Many startups that became unicorns during the 2021 funding boom are now raising capital at lower valuations as investors' attention turns toward artificial intelligence.</p>
<p>"The change reflects broader market conditions and this is a strong outcome for the current market environment," a Nuro spokesperson said.</p>
<p>Nuro has been pushing to scale its self-driving platform and expand commercial partnerships.</p>
<p>Founded in 2016, Nuro has pivoted from delivery robots to licensing its Nuro Driver technology for use in robotaxis, commercial fleets, and personal vehicles.</p>
<p>Nuro partnered with EV maker Lucid and Uber to launch a global robotaxi service. Uber plans to deploy over 20,000 Lucid Gravity SUVs equipped with Nuro's system across dozens of markets over six years starting in 2026.</p>
<p>(Reporting by Akash Sriram in Bengaluru; Editing by Krishna Chandra Eluri)</p>
<a href="https://data852.click/5a32cd58501e613bf372/ee0a75caf0/?placementName=default" class="dirlink-1">Original Article on Source</a>
Source: "AOL Money"
Source: AsherMag
Full Article on Source: VOUX MAG
#LALifestyle #USCelebrities
0 Comments