Waabi Innovation Inc. nabbed US$1 billion in new funding to accelerate commercialization of its autonomous trucking platform and to expand into robotaxis, including an milestone-based investment from Uber to deploy Waabi Driver robotaxis exclusively on Uber's platform. The funding round was an oversubscribed $750 million Series C led by Khosla Ventures and G2 Venture Partners, with Uber's investment supporting robotaxi deployment; Waabi describes its platform as Physical AI aimed at broad autonomous driving applications. This expansion follows Waabi's earlier reports of raised funding and broader commercial ambitions in trucking and robotaxi services, as noted by Bloomberg, Yahoo Finance, and GlobeNewswire press releases. The company also has earlier notes of raising funds to deploy driverless trucks by 2025, with investors including Uber, Nvidia, and Volvo’s venture wing, to enable its growth.
Autonomous driving startup Waabi Innovation Inc. has raised $200 million from investors including Uber Technologies Inc., Nvidia Corp. and Volvo AB’s venture wing to support its deployment of driverless trucks as soon as 2025.
www.ajot.comWaabi secures $1 Billion USD in new funding to lead the Physical AI revolution, accelerating commercialization in autonomous trucking and expand to robotaxis
waabi.aiInsert the English description
lobbycanada.gc.caWaabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding for its commercial expansion, including entering the robotaxi market with partner Uber Technologies Inc.
news.bloomberglaw.comWaabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding for its commercial expansion, including entering the robotaxi market with partner Uber Technologies Inc.
www.bloomberg.com