Waymo has closed a $5.6 billion funding round aimed at expanding its robotaxi service. The funding, led by Alphabet, will enable advancements in the Waymo Driver for business applications and further rider integration in cities like San Francisco, Phoenix, and Los Angeles.

T. Rowe Price

Tiger Global

Silver Lake

Perry Creek

Fidelity

Andreessen Horowitz

Alphabet

The funds from the round, which included more than 10 participants, will be used for advancing Waymo Driver, the company's autonomous driving technology, and to grow Waymo's team, the company said. According to investor website PitchBook, the company is valued at just over $30 billion. Waymo is the first to self-operate a fully autonomous, public ride-hailing service, Waymo One.

https://waymo.com/

Waymo

Waymo raised $5.6 billion in a Series C funding round led by Alphabet to expand its robotaxi service in major U.S. cities.

Waymo raised $5.6 billion in a Series C funding round led by Alphabet to expand its robotaxi service in major U.S. cities.

Investors

Description

Company Information

Funding Insights

Waymo raised $5.6 billion in a Series C funding round led by Alphabet to expand its robotaxi service in major U.S. cities.

Investors

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Funding Insights

Company Information