NVIDIA includes a new group of investors to the back of Nuro – who developed the software driving software for the delivery service and the service ride – in the fundraising that has been reached $ 203 million.
Startup silicone valleys announce Thursday that many investors, including Backer Backer Backer, increase $ 97 million more on the circle. New investors include challenged easia, applied effort, Nvidia, and promise. Uber, the end of this month will make “multi-hundred dollars” in nuro as part of a A broader deal By manufacturers of Lucid electric car, also participated.
The NVIDIA investment follows the technical collaboration of the year’s nuro. Startup uses NVIDIA GPU for large scale processes and model training, and the latest computing model built on the Nvidia drive AGX Thor platform.
The first $ 106 million tranche fund is declared in April. Investment advised by T. Rowe Price Associates, Loyalty Management Company & Research, Graylock Management, and XN involved first block.
Nuro has raised $ 2.3 billion till now. Post-Series Money Assessment is $ 6 billion. Is 30% of the $ 8.6 billion worth of 2021 when nuro is $ 600 million in a circle.
Many changed in the last four years for a wider autonomous vehicle industry. Like the startup startup of the NASENT technology technology sector, Nuro was forced to check the business model after the economic circumstance of the bike once and ignored during the consignment.
Nuro went some rounding of 2022 and 2023 before sending the business strategies. In 2024, Nuro scraped plans Holds and operating low delivery bot delivery, and further focus on exemption technology to use automhy and mobility providers, such as riders and delivery.
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The pivot has emerged to get some traks – especially in July when Uber announced plans Open the robotaxi service Using ALL-ELECITY GRAVITY SUV is equipped with nuro technology. In that deal, Uber invests Lucid $ 300 million in Lucid and agreed to buy “at least” 20,000 from the next six years of gravity.
Uber also said it would invest “Multi-hundred dollars not recognized” to the nuro. One source that familiar with the agreement incorporated techcrunch the amount of more than uber investment in Lucid.
A part of the Uber investment is down in a series. The remaining investment will be pulled to the nuro as the company is a milestone.
The co-founder and President Dave Ferguson in the claim that the company is boundly positioned to continue to grow next with the new capital. They add that the company, who can use 700 people, will focus on sending new commercial partnership to react to autonomy on a global scale.