Avride Secures $375 Million Investment Backed by Uber and Nebius

Avride, a leader in autonomous driving technology, announced it has secured up to $375 million in strategic investments and commitments from Uber and Nebius Group. This marks a significant milestone for Avride, expanding its partnership with Uber. The funding will support the rapid scaling of Avride’s business, aiding the growth of its autonomous fleet and AI-driven product development.

Avride plans to launch its robotaxi service on the Uber platform in Dallas by the end of 2025. The company's delivery robots are already operational through Uber Eats in several U.S. cities. Uber and Nebius are enthusiastic about supporting Avride's expansion into new markets and technologies.