Avride Secures Strategic Investments And Commercial Commitments From Uber Technologies, And Nebius Group; Transaction Totals Up To $375M

Author: Benzinga Newsdesk | October 22, 2025 07:32am

• Enables significant and rapid scaling of Avride's business to capitalize on substantial market opportunity in autonomous driving technologies and services.

Avride, a leading developer of autonomous driving technologies, has secured strategic investments and commercial commitments from Uber Technologies, Inc. and Nebius Group.

The transaction totals up to $375 million from Uber and Nebius. It builds on Avride's commercial partnership with Uber, following the signing of a multi-year strategic agreement in 2024. The launch of Avride's robotaxi service on the Uber platform is planned in Dallas by the end of 2025. Avride's delivery robots are already fulfilling orders through the Uber Eats platform for hundreds of restaurants in Jersey City, Austin, and Dallas. The new funding will enable Avride to accelerate the growth of its fleet, support AI-driven product development, and expand its offering into new geographies.

Posted In: NBIS UBER