Avride Gains $375M from Uber and Nebius

Avride, a leading autonomous vehicle developer, announced strategic investments and commercial commitments totaling $375 million from Uber Technologies (NYSE: UBER) and Nebius Group (NASDAQ: NBIS).

The funding reinforces Avride’s position as a key player in the autonomous mobility ecosystem and deepens its partnership with Uber.

Expanding Uber Partnership

The deal builds upon Avride’s existing multi-year strategic agreement with Uber, signed in 2024, which focused on integrating autonomous ride-hailing technology into Uber’s global platform.

Under the new terms, Avride will launch its robotaxi service in Dallas by the end of 2025, marking a major milestone in its commercial rollout.

Funding Purpose and Growth Goals

Proceeds from the transaction will be used to:

Accelerate fleet expansion and vehicle production
Advance AI-driven autonomy and safety systems
Scale operations into new geographic markets

The collaboration with Uber and Nebius strengthens Avride’s path toward large-scale commercialization of autonomous ride-sharing services.

Strategic Outlook

The investment highlights a growing trend of tech and mobility giants aligning to scale autonomous transport infrastructure.
With Uber providing platform access and Nebius offering AI compute capabilities, Avride is positioned to become a major global player in robotaxi operations.