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The people who built America’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 preferred climbing trees, he has said in a profile for 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.

After school he applied to the University of Otago, and in a large first-year class one teacher made the difference. Willem Labuschagne pointed him toward computer science. Ferguson remembers that Labuschagne learned everyone's name in the first year, which he found remarkable. He credits the man with shaping both his research and his approach to life. When Labuschagne died, Ferguson set up a scholarship in his memory.

They started with a pared-down vehicle that carried groceries rather than people.

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. 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, working beside Jiajun Zhu, a Fudan and University of Virginia graduate who led perception and simulation.

What almost nobody saw coming was how small the first idea was. In 2016 both men left Google, convinced robotics would reshape daily life within 10 to 15 years. They started with a pared-down vehicle that carried groceries rather than people.

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

Then the cost arrived. 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 its own vehicle business and began licensing its driving software. In August 2025 it raised $203 million at $6 billion with Uber and Nvidia, below its 2021 peak, and in October 2025 Ferguson became co-CEO alongside Zhu.

The company built to carry groceries now sells the driver. The boy who liked trees ended up writing code that runs on Mars, and paying forward to a teacher who learned a stranger's name. 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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