who owns avride

Avride Inc. is owned by Nebius Group. The company is a subsidiary that develops vehicular automation technology, including self-driving cars, robotaxis, and delivery robots[1].

Nebius Group is the new name for Yandex NV, which is the Netherlands-based company that sold off its Russian business earlier in 2024 after Russia’s 2022 invasion of Ukraine[2]. Avride is one of four projects under the parent company Nebius Group[2].

Avride was formed in 2020 when Yandex and Uber completed the corporate spin-off of Yandex self-driving car group, which had been developing self-driving cars since 2017[1]. In July 2024, when Nebius Group (which owned Yandex) sold its assets in Russia, it retained Avride as part of its operations[1][5].

The company is headquartered in Austin, Texas, with additional R&D offices in Tel Aviv, Israel; Belgrade, Serbia; and Seoul, South Korea[1][4]. It currently has about 270 employees[1].

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