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nuTonomy

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Develops software for self-driving vehicles

Boston, United StatesFounded 2013Transportation
Valuation $250–500M Last recorded · 2017
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for nuTonomy and the history behind them.

About nuTonomy

nuTonomy emerged in 2013 as a spin-off from the Massachusetts Institute of Technology (MIT), founded by Dr. Karl Iagnemma and Professor Emilio Frazzoli, two specialists in robotics and autonomous systems. Their academic and research backgrounds at MIT, including work on algorithms for military drones and participation in DARPA's autonomous vehicle challenges, provided the foundational expertise for the company. The firm's central mission was to develop a comprehensive software solution for autonomous vehicles, specifically targeting the complexities of urban mobility.

The company's core product is a full-stack software suite designed to enable passenger vehicles to navigate intricate city environments without a driver. This system, known as nuCore, incorporates functionalities for perception, localization, motion planning, and decision-making. It was engineered to be vehicle-agnostic, allowing for partnerships with a wide range of automotive manufacturers. nuTonomy's business model focused on deploying large fleets of autonomous taxis, or "robo-taxis," for on-demand ride-hailing services. Revenue generation was planned through licensing its software to carmakers and by operating its own autonomous ride-sharing fleets, charging passengers per trip.

A significant milestone for nuTonomy was the launch of the world's first public trial of a self-driving taxi service in Singapore in August 2016. This pilot program, conducted in partnership with the Singapore government and later with ride-hailing company Grab, allowed select users to hail autonomous vehicles via a smartphone app within a designated district. The company also initiated testing in its home city of Boston, partnering with Lyft for a similar pilot. In October 2017, the automotive technology supplier Delphi Automotive (now Aptiv) announced its acquisition of nuTonomy for approximately $450 million. This move integrated nuTonomy's software expertise and engineering team into Delphi's broader push into autonomous mobility. Subsequently, nuTonomy's team and technology became a fundamental component of Motional, an autonomous driving joint venture formed by Aptiv and Hyundai Motor Group in 2020.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Boston, United States
Employees
8
Open positions
None listed
Dealroom signal
78.2/100
Sub-industry
Autonomous & Sensor Tech
Sector
Transportation, Automotive, Developer Tools, Core AI, Autonomous Mobility, Ride-Sharing, Spinout, Micromobility
Technology
Artificial Intelligence, Deep Tech, Machine Learning, Autonomous & Sensor Tech
Business model
SaaS
Client focus
b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Oct 2017 $450M $450M Delphi —
SERIES A✓Equity / VC May 2016 $16M $64M Samsung Ventures · Fontinalis Partners · Samsung Next · Highland Capital Partners —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

nuTonomy website traffic

Latest recorded traffic for nuTonomy is 160 monthly website visits, down 33.3% over the last three months. nuTonomy's team grew 14.3% over the past year.

Latest monthly visits160 3-month web change-33.3% 1-year team growth+14.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • The Signal Group
  • Fontinalis Partners
  • Samsung Next
  • Samsung Ventures

Series A1 investor entered at this stage

Other known investors3 additional known investors

  • Delphi
  • Massachusetts Institute of Technology
  • Technology Pioneers | World Economic Forum
Team profiled 19 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇸🇬 Singapore100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about nuTonomy on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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