Autonomous driving startup Wayve has secured $1.2 billion in a Series D round led by financial investors, valuing the company at $8.6 billion post-money. The round included participation from Microsoft (MSFT), Nvidia (NVDA) and Uber (UBER), as well as global automakers Mercedes-Benz (MBGAF), Nissan (NSANY) and Stellantis (STLA), the company said Wednesday.
Uber (UBER) will invest additional milestone-based capital to scale Wayve-powered robotaxi deployments globally, within the broader $1.5B of capital secured to support commercial rollout. Wayve said it will launch commercial robotaxi trials in 2026 and deploy supervised autonomy software in consumer vehicles from 2027.
“We are building for a total addressable market that spans every vehicle that moves,” Alex Kendall, Wayve CEO, said in a statement.
“This investment accelerates our path to widespread commercial deployment and positions us to build the autonomy layer that will power any vehicle everywhere,” he added.