Avride Raises Up to $375M in Strategic Investment From Uber and Nebius

Deal Summary

Avride secured strategic investments and commercial commitments totaling up to $375M from Uber Technologies, Inc. and Nebius Group to expand its autonomous driving and robotaxi efforts, accelerate fleet growth, and support AI-driven product development. The funding builds on a 2024 multi-year partnership with Uber and aims to launch a robotaxi service on Uber's platform in Dallas by end of 2025.