Nuro, an autonomous driving technology startup founded by former Waymo engineers, has raised $106 million in the first close of its Series E funding round, valuing the company at $6 billion. This marks a decline from its $8.6 billion valuation in 2021 after a $600 million Series D round. The funding will support Nuro's shift from manufacturing custom delivery robots to licensing its autonomous driving software to automakers, mobility platforms, and commercial fleets. The company has faced challenges in recent years, including a 50% workforce reduction since 2022 and a broader economic downturn. Existing investors in the Series E round include T. Rowe Price, Fidelity Management & Research, Tiger Global Management, Greylock Partners, and XN LP. Nuro plans to announce additional strategic investors and partnerships in the future. The company has highlighted its AI advancements and experience with driver-out Level 4 deployments as key assets in accelerating autonomy roadmaps. The company aims to use the new funding to expand its commercial operations in more U.S. cities and internationally through 2027. Nuro has raised a total of $2.2 billion since its founding in 2016. It also maintains partnerships with Uber and Toyota, leveraging these relationships to support its business model pivot.