US EditionPublished • loading... • Updated
Waymo Seeks More Than $15 Billion in Funding Round
Waymo aims to boost fleet and expand service in 26 markets with $15 billion funding at a $110 billion valuation, doubling its last round, officials said.
- Next year, Waymo is in talks to raise $15 billion, Bloomberg first reported.
- After a $5.6 billion Series C closed in October 2024, Waymo is in talks to raise $15 billion to fund its expansion, according to CNBC.
- Potential backers include Alphabet and the round could value Waymo at $110 billion, more than doubling its $45 billion previous funding, CNBC reports.
- Earlier this month CNBC reported Waymo crossed an estimated 450,000 weekly paid rides and served 14 million trips in 2025, with plans for multiple U.S. cities next year and a London launch in 2026.
- Market observers say the talks underscore Waymo's lead in the U.S. robotaxi market amid rival deployments from Amazon's Zoox and Tesla, and Alphabet CEO Sundar Pichai said Waymo will `meaningfully` contribute by 2027.
Insights by Ground AI
Podcasts & Opinions
19 Articles
19 Articles
Gene Munster Says If It Was A Basketball Game Google's Waymo Would Be Up 50-2 Against Elon Musk's Tesla, But He Has A 'Spoiler Alert' - Alphabet (NASDAQ:GOOG), Tesla (NASDAQ:TSLA)
Fund manager and prominent tech analyst Gene Munster said Alphabet Inc.'s (NASDAQ: GOOG) Waymo is firmly in the lead against rival Tesla Inc. (NASDAQ: TSLA) in the U.S. robotaxi market, while noting that the race was still in its early stages, with plenty of time to close this gap.
·New York, United States
Read Full Article
Coverage Details
Total News Sources19
Leaning Left3Leaning Right3Center4Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 30%
C 40%
R 30%
Factuality
To view factuality data please Upgrade to Premium
