Fundz

Waabi has successfully raised US$850 million in a Series C financing round, co-led by Khosla Ventures and Uber, to bolster its innovative capabilities.

Jul 07, 2026

Amount Raised

$850 Million

Round Type

Series C

TorontoArtificial IntelligenceTransportationAutomotiveMachine Learning

Investors

Khosla VenturesUber

Description

Waabi, an Ontario-based technology company, secured US$850 million in its Series C funding round. The investment was co-led by Khosla Ventures and Uber, showcasing a strong interest in the company's potential. This funding will help Waabi enhance its innovation and competitive edge in the technology sector. The round reflects the trend of larger-sized deals in the market.

Quick answer

Waabi raised $850 Million in a Series C round, dated July 7, 2026. Investors: Khosla Ventures and Uber. Waabi is based in Toronto, Ontario, Canada.

How much did Waabi raise?
Waabi raised $850 Million in a Series C round on July 7, 2026.
Who invested in Waabi?
Khosla Ventures and Uber are named as investors in this round.
What does Waabi do?
Waabi, founded by AI pioneer and visionary Raquel Urtasun, is an AI company building the next generation of self-driving technology.
Where is Waabi based and how big is it?
Waabi is based in Toronto, Ontario, Canada. Fundz records about 320 employees.
Who are the decision-makers at Waabi?
Fundz holds 2 contacts at Waabi. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as Waabi that raised within 45 days of this round, from Fundz verified event records.

  • Intropy raised $11M (Seed) on July 30, 2026.
  • 5U AI raised $3.2M (Pre-Seed) on July 28, 2026.
  • Ominimo raised $23M (Series B) on July 27, 2026.
  • Partly raised $50M (Series B) on June 23, 2026.
  • STELLA™ Automotive AI raised $22M (Series B) on June 1, 2026.
  • TIREFLY raised an undisclosed amount (Seed) on June 1, 2026.

Who to call at Waabi, and when

A new round usually means Waabi is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Waabi

Location

Toronto, Ontario, Canada

About

Waabi, founded by AI pioneer and visionary Raquel Urtasun, is an AI company building the next generation of self-driving technology. With a world class team and an innovative approach that unleashes the power of AI to “drive” safely in the real world, Waabi is bringing the promise of self-driving closer to commercialization than ever before. Waabi is backed by best-in-class investors across the technology, logistics and the Canadian innovation ecosystem, including Khosla Ventures, Uber, 8VC, Radical Ventures, OMERS Ventures and BDC Capital’s Women in Technology Venture Fund.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.