Autonomous vehicle developer Avride has secured up to $375 million in strategic investments and commercial commitments from Uber Technologies and Nebius Group, the companies announced Friday.
The funding will help the Austin-based company rapidly scale its self-driving car and delivery robot operations as it prepares to launch robotaxi service on Uber’s platform in Dallas by year’s end.
The investment builds on a multi-year partnership between Avride and Uber that began in 2024. Avride’s delivery robots already operate in Jersey City, Austin and Dallas, fulfilling orders for hundreds of restaurants through Uber Eats.
“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,” said Sarfraz Maredia, Uber’s global head of autonomous mobility and delivery.
The capital will enable Avride to grow its fleet, advance AI-driven product development and expand into new markets. The company has been developing autonomous technology since 2017 and says its delivery robots have completed hundreds of thousands of orders domestically and internationally.
Avride CEO Dmitry Polishchuk said the company aims “to make autonomous transportation an integral part of everyday life.”
Arkady Volozh, founder and CEO of Nebius Group, called Uber “a strategic investor that shares Avride’s vision” in pioneering AI-driven autonomous transportation.
Nebius, a Netherlands-based technology company traded on Nasdaq, builds AI infrastructure and cloud platforms. Avride operates as one of its businesses alongside edtech company TripleTen. Nebius also holds stakes in ClickHouse and Toloka.