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SoftBank-Backed Wayve Raises $1.2 Billion From Microsoft, Nvidia, Automakers
Marketwatch ^ | Megan Cheah

Posted on 02/24/2026 6:33:18 PM PST by nickcarraway

U.K. self-driving technology provider Wayve raised $1.2 billion in a series D investment round, as it seeks to scale the commercial deployment of its driving tech.

The round, led by venture capital firms Eclipse Capital, Balderton Capital and a SoftBank Group fund, pushes Wayve's post-money valuation to $8.6 billion, the car startup said Wednesday. Other investors in the fundraising round included tech giants Microsoft and Nvidia, ride-hailing platform Uber Technologies, as well as automakers Mercedes-Benz, Nissan Motor and Stellantis.

Uber also plans to invest additional milestone-based capital to scale Wayve-powered robotaxi deployments globally, Wayve said.

Wayve develops AI autonomous-driving software. It aims to launch commercial robotaxi trials in 2026 and deploy supervised autonomy software in consumer vehicles from next

(Excerpt) Read more at marketwatch.com ...


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1 posted on 02/24/2026 6:33:18 PM PST by nickcarraway
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To: nickcarraway

Oh? Well what could possibly go wrong? Robot on his cell phone?


2 posted on 02/24/2026 6:47:14 PM PST by oldplayer
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