London-based self-driving startup Wayve raised a $1.2B Series D at an $8.6B post-money valuation, with Mercedes-Benz, Stellantis, and Nissan among investors
Financial Times
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Discussion
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@peterkyle
Peter Kyle
on x
There is no better place to scale up than in the UK. Wayve's $1.5 billion investment round is evidence of that. This is a huge vote of confidence in the UK, AI and in the future of our auto industry. Congratulations @Wayve_ai @alexgkendall
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@jameswise
James Wise
on x
Huge congrats to @wayve_ai on some big technical & commercial milestones. As Alex sets out - this is the boldest approach of any autonomous software lab. It's not going to be easy, but being contrarian & right is what Alex does. Started in the UK, winning everywhere.
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@alexgkendall
Alex Kendall
on x
Another major milestone in @wayve_ai's history. Proud to say we've secured $1.5 billion Series D investment at $8.6 billion valuation. We started a decade ago with a contrarian technical thesis: that self-driving is an AI problem, and Embodied AI will enable autonomy to scale [vi…
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@wayve_ai
@wayve_ai
on x
Wayve has secured $1.5B to deploy our embodied AI platform globally. Autonomy should work everywhere, in every condition, across every type of vehicle. We are building a driving intelligence that learns to drive in places it has never seen before. [video]
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r/SelfDrivingCars
r
on reddit
Wayve, an A.I. Driverless Car Start-Up in Europe, Raises $1.2 Billion