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Funding round

Nuro Series B

Nuro, which works in autonomous driving technology licensing in Mountain View, raised $940M in a Series B round announced on 16 Aug 2021. It is Nuro's third venture round on record; the one before was a Growth in Feb 2019.

$940M

Amount raised

Not disclosed

Post-money valuation

Valuation

What this round says about the price

Nuro did not disclose a valuation in this round; its last disclosed one was $2.70B at the Growth (Feb 2019). It came 30 months after Nuro's Growth. It is 41% of the $2.27B Nuro has raised in the venture rounds on record. Nuro raised again 48 months later: a Series D round of $97M in Aug 2025, at $6.00B post-money.

Nuro's funding rounds

Nuro has 5 venture rounds on record. This one is highlighted.

  1. Series A 30 Jan 2018, led by Banyan Capital and Greylock Partners $92M
  2. Growth 11 Feb 2019, led by SoftBank Vision Fund $940M$2.70B post-money
  3. Series B this round 16 Aug 2021 $940M
  4. Series D 1 Aug 2025 $97M$6.00B post-money
  5. Series E 21 Aug 2025 $203M$6.00B post-money

Comparable rounds

How it compares

1,003 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $31M, and this round was 30 times the median. The closest in time, other companies' Series B rounds in Tech Companies:

Series B rounds in Tech Companies, Aug 2020 to Aug 2022: 1003 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Tech Companies12 Aug 2021$130M$1.33BInstitutional Venture Partners and Insight Partners
Tech Companies2 Aug 2021$100Mnot disclosedVNV Global
Cart.com Tech Companies11 Aug 2021$98Mnot disclosedOak HC/FT
Tech Companies31 Aug 2021$90Mnot disclosedElysian Park Ventures
Tech Companies26 Aug 2021$85Mnot disclosedSageview Capital
Tech Companies17 Aug 2021$75Mnot disclosedTiger Global and Meritech Capital
Tech Companies24 Aug 2021$73M$450MGlobis Capital Partners and World Innovation Lab
Athelas Tech Companies1 Aug 2021$72M$1.50BGeneral Catalyst

Sources

Where this comes from

Reported by 2 sources.

Questions

Frequently asked

How much did Nuro raise in its Series B round?

Nuro raised $940M in its Series B round, announced in Aug 2021.

What was Nuro's valuation at the Series B round?

It was not disclosed; its last disclosed one was $2.70B at the Growth (Feb 2019).

How does it compare with other Series B rounds in Tech Companies?

1,003 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $31M, and this round was 30 times the median.

Did Nuro raise again after this round?

Yes: a Series D round in Aug 2025 of $97M at $6.00B post-money.