Nuro has raised a total of $2.2 billion in funding and has a valuation of $6 billion, despite a drop from its previous valuation of $8.6 billion.
Organizations Involved
Uber, Toyota
Founders
Dave Ferguson, Jiajun Zhu
Company Description
Nuro is focused on developing autonomous driving technology and has shifted its business model from operating delivery robots to licensing its self-driving technology to automotive OEMs, commercial delivery fleets, and ride-hail companies.
Market
Autonomous vehicles
Location
Mountain View,
California,
USA
Coinvestors
T. Rowe Price Associates, Fidelity Management & Research Company, Tiger Global Management, Greylock Partners, XN LP