Wayve Nets $1.2 B from Nvidia, Uber and Automakers to Scale Self-Driving Tech
Wayve secured $1.2 billion in Series D financing led by Nvidia with participation from Uber and three automakers, marking its largest funding round to date. The capital will accelerate development of Wayve’s AI-driven self-driving platform and expand pilot deployments in major urban markets.
1. Funding Round Highlights
Wayve closed a $1.2 billion Series D round led by Nvidia, with co-investments from Uber and three leading global automakers. This infusion, the largest in Wayve’s history, brings its total capital raised past $2 billion.
2. Uber’s Strategic Involvement
Uber’s investment underscores its commitment to integrating advanced self-driving solutions into its ride-hailing network, seeking to reduce costs and improve service availability. The move aligns with Uber’s broader strategy to partner with autonomous technology developers rather than build in-house systems.
3. Scaling Self-Driving Platform
Proceeds will fund accelerated deployment of Wayve’s end-to-end, machine-learning-based driving stack and support expanded road-testing across North American and European cities. Wayve aims to transition from pilot projects to commercial operations within key urban corridors by late 2026.