Hertz-owned Oro Mobility raises $80M to manage Uber's Lucid robotaxi fleet

Oro Mobility, a fleet management business owned by Hertz, has raised $80 million. The company has a deal to manage Uber's planned Lucid robotaxi fleet starting in San Francisco. Billionaire investor Steve Cohen backed the round.

• Oro Mobility is owned by Hertz and manages vehicle fleets
• The company raised $80 million in investment
• Oro will manage Uber's Lucid robotaxis in San Francisco
• Billionaire Steve Cohen backed the round