Wayve secures $1.5B to deploy its global autonomy platform

25 Feb Wayve secures $1.5B to deploy its global autonomy platform

(Oilandgaspress) – Wayve, the leader in embodied AI for autonomous driving announced it has raised $1.2 billion in a Series D investment round, bringing its post-money valuation to $8.6 billion. The funding accelerates the company’s shift from AI research leadership to scaled commercial deployment of its end-to-end AI platform.

The round was led by Eclipse, Balderton and SoftBank Vision Fund 2, and brings in new investment from Ontario Teachers’ Pension Plan, Baillie Gifford, British Business Bank, Icehouse Ventures, Schroders Capital and other global institutional investors.

Microsoft, NVIDIA and Uber participated in the round, reflecting support for Wayve’s embodied AI as a foundational software layer for deploying autonomy at a global scale. Leading global automotive manufacturers Mercedes-Benz, Nissan and Stellantis also invested, in support of advancing Wayve’s unified AI platform spanning L2+ “hands off” through L3/L4 “eyes off” driving across vehicles, brands and markets.

Wayve licenses its AI Driver directly to automakers, providing tools to customize driving models for specific vehicles and brands. The system runs entirely on onboard vehicle compute and embedded sensors, and doesn’t rely on high-definition maps or location-specific engineering. By partnering with automakers and mobility platforms rather than vertically integrating, Wayve enables autonomy to scale globally with lower capital intensity.

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