US EditionWaymo seeking about $16 billion near $110 billion valuation, Bloomberg News reports
Waymo raised $16 billion to expand its robotaxi fleet beyond six U.S. cities and enter international markets including London and Tokyo, with over 20 million rides completed.
- On January 31, 2026, Alphabet Inc.'s autonomous driving unit Waymo is aiming to raise about $16 billion, valuing the unit at nearly $110 billion, Bloomberg News and the Financial Times reported.
- With over 20 million trips completed, Waymo seeks capital to accelerate commercial expansion and scale city launches, emphasizing its safety-led operational excellence, the company said.
- Alphabet would provide about $13 billion, while new investors Sequoia Capital, DST Global and Dragoneer Investment Group supply the remainder; Waymo has more than $350 million in annual recurring revenue and a fleet of more than 2,500 vehicles.
- The move underscores an accelerating race to commercialize fully autonomous vehicles, increasing pressure on competitors and regulators; if completed, the round would broaden Waymo's resources and accelerate urban transportation systems, affecting investors.
- Despite being the only U.S. paid robotaxi operator, Waymo faced reliability problems with robotaxis stalling during a San Francisco blackout, while last year The Information reported talks at a $100 billion valuation including backers Andreessen Horowitz and Mubadala.
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39 Articles
Robotaxi pioneer Waymo gets $16 billion injection to accelerate its expansion plans
Robotaxi pioneer Waymo has raised another $16 billion to help fuel its ambition for its fleet of self-driving cars to provide rides throughout the world while other deep-pocketed rival services backed by Tesla and Amazon try to catch up.The fundraising announced Monday values Waymo at $126 billion. The appraisal underscores investors' desire to own a piece of the rapidly expanding robotaxi market, as well as how far Waymo has come since starting…
Waymo raises $16 billion to take its robotaxi business ‘global’
Waymo announced a $16 billion investment round aimed at bringing its robotaxi business to more US cities, as well as some overseas markets. The funding round was led by Dragoneer Investment Group, a "crossover" firm known for investing in late-stage tech companies before they go public. Waymo's co-CEOs said in a blog post they would use some of the money to buy more vehicles to grow its fleets size, a crucial step as it seeks to launch in at lea…
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