StartupsAxios Techabout 1 hour ago
Hertz Secures $80M for Robotaxi Fleet
2 min read
Hertz spun off its fleet management unit, Oro Mobility, raising $80 million in strategic equity funding. Investors include Steve Cohen's Cohen Private Ventures, Certares Opportunities, and Knighthead Capital Management. The company will manage Uber's planned Lucid robotaxi fleet in San Francisco using Nuro's self-driving technology.
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