Toronto-based self-driving truck startup Waabi raised a $750M Series C led by Khosla and G2 and partners with Uber, which can invest $250M based on performance
Waabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding …
Bloomberg Natalie Lung
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Discussion
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@vkhosla
Vinod Khosla
on x
Excite to be partner since the very beginning! Amazing how much more economic good startups can be. One twentieth the cash usage to get to better safety than competitors! And now robotaxi to boot!
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@manuinvests
@manuinvests
on x
$UBER steady supporting fragmentation and aggregation. “...roughly $250 million in milestone-based capital from $Uber to support the deployment of 25,000 or more Waabi Driver-powered robotaxis exclusively on its platform.”
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@waabi_ai
@waabi_ai
on x
We have built a Physical AI Platform that enables true scale and generalizes across form factors, geographies, and environments. It is proven in autonomous trucking and we are now expanding to robotaxis. Learn about what we are building: https://waabi.ai/... [image]
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@techau
@techau
on x
For the first time in the industry, we have created one shared brain to power the two largest self driving applications - trucks and robotaxis.. Some would argue this isn't the first.. although it's not clear when Semi would get FSD.
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@waabi_ai
@waabi_ai
on x
Today, we are thrilled to announce that we have raised $1B USD of new capital to accelerate commercial progress in autonomous trucks and expand to robotaxis! For the first time in the industry, this enables one shared brain to power both applications—trucks and robotaxis. This [v…
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@itselanagold
Elana
on x
The largest fundraise in Canadian history just happened today... @Waabi_ai, the AI-Powered Self-Driving company, just raised a $1B Round. Raquel Urtasun grew up in Pamplona, Spain. She left Spain for a PhD, then built a career across MIT, Berkeley, and Toronto - becoming a [image…
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@vkhosla
Vinod Khosla
on x
Excited to be partner with Waabi since the very beginning! Self driving is really here for trucks. Amazing how much more economic good startups can be. One twentieth the cash usage to get to better safety than competitors! And now robotaxi to boot!
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@lioron
Lior Ron
on x
Physical AI's moment is here and @Waabi_ai is leading the way Excited to share we have raised $1B USD of new capital to accelerate the commercial deployment of autonomous trucks and meaningfully expand to robotaxis! Partnering with Uber to deploy 25,000 or more Waabi [video]
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@andrewgordonmac
Andrew Macdonald
on x
Congrats to @RaquelUrtasun, @LiorRon, and the rest of the @Waabi_ai team, on another exciting milestone. Can't wait to launch the Waabi robotaxi on @Uber!