Avride secures up to $375 million in strategic investment and commercial commitments from Uber and Nebius
Avride secured strategic investments and commercial commitments from Uber Technologies and Nebius Group totaling up to $375 million.
Evidence notes
- The transaction combines strategic investments and commercial commitments from Uber Technologies and Nebius Group.
- Avride said the capital would support autonomous driving technology, fleet scaling, product development, and geographic expansion.
- The announcement built on Avride's 2024 multiyear commercial partnership with Uber.
Company context
Avride develops and operates autonomous vehicles and sidewalk delivery robots that share core autonomy, perception, and hardware technologies. The company operates delivery robots through partners including Uber Eats and Grubhub, while also pursuing robotaxi deployment through Uber.