Nuro, the SoftBank-backed autonomous driving technology company, has closed a $203mn funding round involving Uber and Nvidia, as investor appetite in self-driving vehicles swells.
The deal brings the California-based company’s total valuation to $6bn, including new funds, Nuro said on Thursday.
The transaction comes as groups including Uber and Nvidia ratchet up spending in the space, with the ride-hailing platform and chipmaker making bets on autonomous driving technology.
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