Nuro valued at $6 billion in latest funding round

Quick Summary:

Autonomous driving technology startup Nuro said on Wednesday it was valued at $6 billion after raising $106 million in its latest funding round.

The company will use the funds to scale its artificial-intelligence technology and advance commercial partnerships, it said.

The funding — backed by T Rowe Price Associates, Fidelity Management & Research, Tiger Global, Greylock Partners and XN — comes more than three years after its last round, where Nuro raised $600 million.

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Category: EconomyBusiness

Markets: Singapore

Topics: Startup Nuro Funding Technology Mediacorp Valued Driving Autonomous Experience Wednesday Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 21:13:31 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 126 words

Reading Time: 1 minutes read

Sentences: 15 lines

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Copyright Owner: © Channel News Asia

News ID: 27756662

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