Nuro Valued at $6 Billion With Ongoing Series E Round

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">MOUNTAIN VIEW<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4401680-1&amp&semi;h&equals;2678011788&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;nuro&period;ai&percnt;2F&amp&semi;a&equals;Nuro&percnt;2C&plus;Inc&period;" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Nuro&comma; Inc&period;<&sol;a><&sol;u>&comma; a developer of autonomous driving technology&comma; has raised <span class&equals;"xn-money">&dollar;106 million<&sol;span> so far in its ongoing Series E funding round&comma; which values the company at <span class&equals;"xn-money">&dollar;6 billion<&sol;span>&period;<&sol;p>&NewLine;<p>The round includes participation from new and returning investors&comma; as well as strategic partners&period; Investors include funds and accounts advised by T&period; Rowe Price Associates&comma; Inc&period;&comma; Fidelity Management &amp&semi; Research Company&comma; Tiger Global Management&comma; Greylock Partners&comma; and XN LP&period; Details about participating strategic investors will be included in an upcoming partnerships announcement&period;<&sol;p>&NewLine;<p>The raise underscores investor confidence in Nuro&&num;8217&semi;s proven autonomy platform and its licensing-driven business model&period; With more than eight years of development and four years of real-world deployments in <span class&equals;"xn-location">California<&sol;span> and <span class&equals;"xn-location">Texas<&sol;span>&comma; Nuro is one of the few companies to have successfully deployed driverless technology at city scale with no safety driver&period;<&sol;p>&NewLine;<p>By licensing its vehicle-agnostic&comma; cost-effective technology&comma; Nuro enables integration across commercial fleets&comma; robotaxis&comma; and personal vehicles—opening up broad applications for its AI-first self-driving system&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We&&num;8217&semi;re excited to see strong investor enthusiasm for our Series E&comma;&&num;8221&semi; said <span class&equals;"xn-person">Jiajun Zhu<&sol;span>&comma; co-founder and CEO of Nuro&period; &&num;8220&semi;Our technology&comma; years of experience with driver-out Level 4 deployments&comma; and focus on licensing uniquely position us to help automakers&comma; mobility platforms&comma; and commercial fleets accelerate their autonomy roadmaps&period;&&num;8221&semi;<&sol;p>&NewLine;<p>The round brings Nuro&&num;8217&semi;s total funding to <span class&equals;"xn-money">&dollar;2&period;2 billion<&sol;span> to date&period; The Series E funding will support Nuro&&num;8217&semi;s next phase of growth—scaling its AI-based technology platform and advancing commercial partnerships&period; The company will share details on additional Series E participants in the coming weeks&period;<&sol;p>&NewLine;