Robot Trucker Waabi Wades Into Robotaxi Battle With Billion Dollar Raise
- On Jan. 28, 2026, Waabi Innovation Inc., a Toronto-based autonomous driving startup, said it secured US$1 billion in new funding.
- To expand beyond trucking, Waabi will use $1 billion to commercialize autonomous long-haul trucking and deploy robotaxis with Waabi Driver, Raquel Urtasun said.
- An oversubscribed US$750 million Series C was led by Khosla Ventures and G2 Venture Partners, including roughly $250 million from Uber and strategic investors NVentures, Volvo Group Venture Capital, and Porsche Automobil Holding SE.
- Uber will host Waabi robotaxis on its ride‑hailing platform, while Waabi declined to disclose the rollout timeline or location despite Uber holding a board seat since Series A.
- The deal aims to deploy at least 25,000 Waabi Driver-powered robotaxis, heightening competition with Waymo amid ongoing NTSB safety scrutiny this month.
25 Articles
25 Articles
Waabi Raises $1B to Expand From Self-Driving Trucks to Robotaxis
Self-driving startup Waabi has spent the past five years becoming a dominant force in the world of autonomous trucking. Now, armed with $1 billion in new funding, it’s gearing up to take on a new challenge: the robotaxi market. The Toronto-based venture raised $750 million in an oversubscribed Series C round co-led by Khosla Ventures and G2 Venture Partners, Waabi announced yesterday (Jan. 28). It also secured another $250 million in “milestone-…
Self-driving startup Waabi raise $1B to expand its autonomous trucking platform, partners with Uber to launch robotaxis - Tech Startups
Waabi just pulled off one of the biggest funding moments the autonomous vehicle industry has seen in years. The Toronto-based self-driving startup has closed a $750 million Series C round that was oversubscribed by hundreds of millions, bringing its total […] The post Self-driving startup Waabi raise $1B to expand its autonomous trucking platform, partners with Uber to launch robotaxis first appeared on Tech Startups.
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