Cooley Advised Uber on Its Strategic Investment and Other Commitments in Avride

Cooley Advised Uber on Its Strategic Investment and Other Commitments in Avride

Cooley advised Uber Technologies in connection with its strategic investment and other commitments in Avride, a leading developer of autonomous driving technologies. The transaction totals up to $375 million from Uber and Nebius Group. It builds on Avride’s commercial partnership with Uber, following the signing of a multiyear strategic agreement in 2024. The launch of Avride’s robotaxi service on the Uber platform is planned to occur in Dallas by the end of 2025.

The Cooley team was led by Carlos Ramirez (Partner), Stephanie Gentile (Partner), Eileen Marshall (Partner) and Megan Browdie (Partner) with Sharon Connaughton (Special Counsel) with Talya Kornitzer (Associate), Carl Min (Associate), Lauren Zeidan (Associate) and Karem Jarada (Associate).

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