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

Nvidia, the renowned tech giant, has joined the list of investors backing Nuro, a leading autonomous vehicle (AV) startup. Nuro has successfully raised $203 million in its Series E funding round, with Nvidia being the latest investor to join the fold. Nuro, founded in 2016, is known for its efforts in developing self-driving technology for commercial and consumer delivery services. The latest investment will enable the company to further advance its R&D, expand its operational capacity, and strengthen its position in the rapidly evolving AV market. The funding round was led by new investor Baillie Gifford, a well-respected investment management firm. Existing investors, including SoftBank Vision Fund 1, also participated in the round, underscoring their continued confidence in Nuro's growth potential. With Nvidia's expertise in AI and autonomous systems, the partnership is expected to accelerate Nuro's development of safer and more efficient delivery solutions, benefiting both businesses and consumers alike.