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Startup Talk
The people who built United States's companies · November 2026

Autonomous driving (Nuro Driver, licensing; earlier autonomous delivery vehicles)

Nuro

Two Google self-driving engineers left to try a smaller problem: a low-speed, cargo-only robot for local deliveries.

Jiajun Zhu
Jiajun Zhu. Photograph: HaeB, CC BY-SA 4.0, via Wikimedia Commons

Dave Ferguson was not a computer kid. As a boy he spent more time climbing trees, he has said in a profile published by Kea New Zealand. His father was a diplomat, so the family lived in the United States for a time, then returned to New Zealand so he could finish high school there.

At the University of Otago a lecturer, Dr Willem Labuschagne, pointed him toward computer science. Ferguson has not forgotten it. Years later he set up a scholarship at Otago in his memory.

At the University of Otago a lecturer, Dr Willem Labuschagne, pointed him toward computer science.

The next stop was Carnegie Mellon's Robotics Institute, which he calls the Disney World of robotics. In his first year there he worked on a robot to map abandoned coal mines, inspired by a mining accident in the United States. He later wrote an algorithm that NASA uses for long-range autonomy on its Mars rovers. After Intel, in 2011 he joined Google's self-driving car project as a principal machine learning engineer. There he worked beside Jiajun Zhu, who had come through Fudan University and the University of Virginia and led perception and simulation.

What almost nobody saw coming was a smaller idea. In 2016 both men left Google. Their view was that robotics would reshape daily life within 10 to 15 years. They started with deliveries, a pared-down vehicle that carried groceries rather than people. By one TechCrunch caption the first office was an Airbnb.

Money followed fast. $92 million in January 2018, $940 million from SoftBank in 2019 at $2.7 billion, $500 million at $5 billion in 2020, and $600 million at $8.6 billion in November 2021. Kroger, Domino's and CVS signed on, and in 2020 it received the first federal autonomous exemption.

The cost arrived in two waves. In November 2022 Nuro cut about 20 percent of its staff, roughly 300 people. In May 2023 it paused commercial expansion and cut about 30 percent, around 340. In September 2024 it dropped the vehicle business and began licensing its driving software. By August 2025 it raised $203 million at $6 billion with Uber and Nvidia, a figure below its 2021 peak. In October 2025 Ferguson became co-CEO alongside Zhu. Uber and Lucid plan a robotaxi fleet of at least 20,000 vehicles over six years, with a first launch expected in 2026.

The company that was built to carry groceries now sells the driver. The boy who liked trees became the man who writes algorithms that drive on Mars, and who set aside money for the teacher who suggested it. A first-time founder can see the debt in that: someone at the start said computer science, and he is still repaying them.

The Chronology year by year

  1. 2016
    • founded after leaving Google
  2. 2018
    • R1 delivery vehicle
    • Kroger pilot, Scottsdale
  3. 2019
    • Domino's, SoftBank
  4. 2020
    • R2, first NHTSA autonomous exemption, CVS
  5. 2021
    • $40M Nevada plant, Series D
  6. 2022
    • Uber 10-year delivery deal
    • layoffs 20%
  7. 2023
    • layoffs 30%
  8. 2024
    • pivot to licensing Nuro Driver
  9. 2025
    • Uber and Lucid robotaxi plan (20,000+ vehicles over six years, first launch expected 2026)
    • Ferguson named co-CEO

The Money Trail how it was funded

  1. Jan 2018 $92M (Greylock, Gaorong Capital)
  2. Feb 2019 $940M (SoftBank) at $2.7B
  3. Nov 2020 Series C $500M at $5B post-money (T. Rowe Price)
  4. Nov 2021 Series D $600M at $8.6B
  5. Apr 2025 Series E $106M opened
  6. Aug 2025 Series E extended, $203M at $6B (Uber, Nvidia). A June 2026 Uber strategic investment is listed by one tracker, amount undisclosed, unconfirmed

Principal backers: SoftBank, T. Rowe Price, Greylock, Gaorong Capital, Fidelity, Baillie Gifford, Uber, Nvidia

The Close Calls what nearly broke it

  • Nov 2022: cut about 300 jobs (20%)
  • May 2023: paused commercial expansion and cut about 340 jobs (30%)
  • Sep 2024: abandoned its own delivery-vehicle business for software licensing
  • Aug 2025: valuation reset to $6B from $8.6B in 2021

In Their Own Words from the record

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Startup Talk · Preview edition · Figures are from public sources and may be out of date