Wayve raises €180.0M Series B round
18 January 2022· London, United Kingdom· automotive, autonomous_vehicles, ai, deep_learning, b2b, software_hardware
To accelerate the development of AV2.0, the next wave of Autonomous Vehicles, enhance machine-learning models, real-world testing, and product maturity.
“With $1.5 billion secured, we are building for a total addressable market that spans every vehicle that moves. Autonomy will not scale through city-by-city robotaxi deployments alone. It will scale through a trusted platform that automakers and fleets can deploy globally and improve continuously. This investment accelerates our path to widespread commercial deployment and positions us to build the autonomy layer that will power any vehicle everywhere.”
Investors
LeadEclipse
Also participating
Balderton CapitalBaillie GiffordMicrosoftPieter AbbeelD1 Capital PartnersYann LeCunCompoundMoore Strategic VenturesLinse CapitalVirginOcado GroupSir Richard BransonRosemary LeithLinda LevinsonDavid Richter
About Wayve
Stage
Series C
Headquarters
London, United Kingdom
Founded
2017
Team Size
500+
Sectors
automotiveautonomous_vehiclesaideep_learningb2bsoftware_hardware