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Wayve raises $1.05 billion in Series C funding led by SoftBank Group to develop self-driving technology for carmakers

May 06, 2024

Amount Raised

$1.05 Billion

Round Type

Series C

LondonFinancial ServicesSoftwareTransportation

Investors

MicrosoftNvidiaSoft Bank Group

Description

Wayve, a UK-born startup developing a self-learning system for autonomous driving, has raised $1.05 billion in Series C funding led by SoftBank Group. The company plans to use the funds to develop its product for assisted and fully automated driving, expand operations globally, and distribute its platform to car makers and robotics companies.

Who else raised in Financial Services and Transportation around the same time

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

  • Jupiter raised $2.4M (Series A) on June 20, 2024.
  • AccountsIQ raised $65M (Series C) on June 13, 2024.
  • Arthan Finance raised $6M (Series B) on June 10, 2024.
  • Kaspar& raised $2.7M (Seed) on June 7, 2024.
  • Liminal raised $5M (Seed) on June 6, 2024.
  • Qargo raised $13M (Series A) on June 6, 2024.

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Company Information

Company

Wayve Technologies Limited

Location

London, England, United Kingdom

About

Wayve Technologies Limited is a frontrunner in Embodied AI technology. They focus on creating autonomous driving solutions. Their innovative approach leverages machine learning and data to enhance driving systems. Wayve aims to improve the safety and efficiency of transportation.

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Related People

2 contacts
Verified contactsJeevan B., Chief of Staff to CEO hidden hidden hiddenSee plans and pricing
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Wayve Technologies Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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