British Autonomous Driving Start-Up Hits $8.6 Billion Valuation

British Autonomous Driving Start-Up Hits $8.6 Billion Valuation

British self-driving car company Wayve has raised $1.2bn (£950m), ticking its valuation up to $8.6bn and marking one of the largest capital raises for a UK AI startup. The funding round was led by Eclipse, Balderton and Softbank Vision Fund 2, with new backing from investors like Ontario Teachers’ Pension Plan, Baillie Gifford, the British Business Bank and Schroders Capital. Tech giants Microsoft, Nvidia and Uber also participated, alongside ca…

Wayve Raises $1.2 Billion to Scale End-to-End AI Driving

UK-based autonomous driving specialist Wayve has secured $1.2 billion in a Series D funding round, pushing its post-money valuation to $8.6 billion and accelerating its transition from AI research pioneer to large-scale commercial deployment.The investment round was led by Eclipse, Balderton and SoftBank Vision Fund 2, with participation from major global institutions including Ontario Teachers’ Pension Plan, Baillie Gifford, British Business Ba…

UK Self-Driving Star Wayve Hits $8.6B Valuation, Eyes UK Robotaxi Pilot

UK self-driving startup Wayve has secured $1.2 billion in fresh funding at an $8.6 billion valuation, making it one of the most valuable UK tech startups. The round included several major automakers, including Mercedes-Benz, Stellantis, and Nissan. Wayve already announced a commercial partnership with Nissan last year, while the two other automakers are exploring ways to integrate its self-driving system into their vehicles. Wayve plans to be am…

Wayve raises $1.2bn in Series D funding for global autonomous vehicle rollout

UK-based autonomous driving technology company Wayve has raised $1.2bn in a Series D funding round to accelerate the deployment of its autonomous driving technology. The investment brings the company’s total capital secured to $1.5bn and increases its post-money valuation to $8.6bn. Eclipse, Balderton, and SoftBank Vision Fund 2 led the round, with new participation from Ontario Teachers’ Pension Plan, Baillie Gifford, British Business Bank, Ice…

British Business Bank backs Wayve with £25m investment

British Business Bank invests GBP £25m in Wayve as part of a USD $1.2bn Series D, backing UK autonomous driving and AI scale-up ambitions.