Steve Cohen’s fund leads $80 million bet on Hertz robotaxi unit Oro Mobility
Photo: Crypto Briefing
A consortium led by Cohen Private Ventures takes half the board seats at Oro, the Hertz spinout built to manage rideshare and autonomous fleets Hertz just found outside money for its bet on cars that drive themselves. A consortium led by Cohen Private Ventures, the investment vehicle tied to Steve Cohen, is putting $80 million into Oro Mobility, the Hertz subsidiary built to manage rideshare and robotaxi fleets. Hertz Global Holdings announced the transaction on October 20, 2026. The $80 million arrives as a strategic equity investment.
Source: Crypto Briefing
