Business
Avride Secures Strategic Investment and Other Commitments of up to $375 Million, Backed by Uber and Nebius
AUSTIN, Texas, October 22, 2025--Avride, a leading developer of autonomous driving technologies, has secured strategic investments and commercial commitments from Uber Technologies, Inc. and Nebius Group.
About this update from Uber Technologies, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Enables significant and rapid scaling of Avride’s business to capitalize on substantial market opportunity in autonomous driving technologies and services.","length":155,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":155,"olType":false},{"type":"text","content":"AUSTIN, Texas, October 22, 2025--(BUSINESS WIRE)--Avride, a leading developer of autonomous driving technologies, has secured strategic investments and commercial commitments from Uber Technologies, Inc. and Nebius Group.","length":221,"tagName":"p"},{"type":"text","content":"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.","length":597,"tagName":"p"},{"type":"text","content":"Arkady Volozh, founder and CEO of Nebius Group, said:","length":53,"tagName":"p"},{"type":"text","content":""We’re delighted to welcome Uber as a strategic investor that shares Avride’s vision and will enable the company to move further and faster in pioneering AI-driven autonomous transportation."","length":201,"tagName":"p"},{"type":"text","content":"Sarfraz Maredia, Global Head of Autonomous Mobility & Delivery at Uber, said:","length":81,"tagName":"p"},{"type":"text","content":""We’re excited to continue deepening our partnership with Avride and look forward to introducing their impressive autonomous driving technologies to more people in more markets."","length":188,"tagName":"p"},{"type":"text","content":"Dmitry Polishchuk, CEO of Avride, said:","length":39,"tagName":"p"},{"type":"text","content":""At Avride, we have a clear vision and a strong plan to make autonomous transportation an integral part of everyday life. We are thrilled to have world-class partners like Uber who share this vision and continue to support us."","length":237,"tagName":"p"},{"type":"te...