Nvidia is latest investor to back AV startup Nuro in $203M funding round | TechCrunch

Image for article Nvidia is latest investor to back AV startup Nuro in $203M funding round | TechCrunch
News Source : TechCrunch

News Summary

  • Nuro announced Thursday that several investors, including existing backer Baillie Gifford, added another $97 million to its Series E round.
  • New investors include Icehouse Ventures, Kindred Ventures, Nvidia, and Pledge Ventures.
  • Uber, which last month said it would make a “multi-hundred-million dollar” investment in Nuro as part of a broader deal with the electric car maker Lucid, also participated.
  • Nuro has raised $2.3 billion to date.
  • Its Series E post-money valuation is $6 billion.
Nvidia is among a group of new investors to back Nuro which develops selfdriving software for delivery and ridehailing services in a funding round that has reached $203 million.The Silicon Va [+2772 chars]

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