Waymo raises $2.5 billion investment round
Waymo raised $2.5 billion to advance and commercialize the Waymo Driver and expand its team.
Evidence notes
- Participants included Alphabet, Andreessen Horowitz, AutoNation, CPP Investments, Fidelity, Magna, Mubadala, Perry Creek, Silver Lake, T. Rowe Price, Temasek and Tiger Global.
- Waymo said the capital would support continued development and commercialization of the Waymo Driver across ride-hailing, delivery, freight and personal-mobility applications.
Company context
Waymo develops autonomous-driving technology and operates robotaxi services through Waymo One.