Waymo completes $3.2 billion first external investment round
Waymo completed its first external investment round at $3.2 billion after an initial $2.25 billion close.
Evidence notes
- Silver Lake, Canada Pension Plan Investment Board and Mubadala led the initial close, with Magna, Andreessen Horowitz, AutoNation and Alphabet also participating.
- Waymo said the financing would deepen investment in its people, autonomous-driving technology and global operations.
- The company updated the round total to $3.2 billion on July 30, 2020, citing Alphabet's second-quarter Form 10-Q.
Company context
Waymo develops autonomous-driving technology and operates robotaxi services through Waymo One.