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


Nuro has attracted more investors, and capital, to push its Series E round to $203 million.

Like most startups in the nascent autonomous vehicle technology sector, Nuro was forced to examine its business model after economic conditions shut off the once-free flowing tap of capital and ushered in a period of consolidation. The pivot has appeared to gain some traction — notably in July when Uber announced plans to launch a robotaxi service using all-electric Lucid Gravity SUVs equipped with Nuro’s self-driving tech. Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade.

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