How much funding is Waymo reportedly seeking?

Waymo is reportedly aiming to raise approximately $16 billion in a financing round.

What is Waymo's potential valuation?

The financing round is expected to value Waymo at nearly $110 billion.

Home / Business and Economy / Waymo Seeks $16 Billion Boost

Waymo Seeks $16 Billion Boost

1 Feb

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Summary

Waymo is reportedly seeking $16 billion in new funding.
The unit's valuation could reach nearly $110 billion.
This financing round aims to secure significant capital.

Waymo, a subsidiary of Alphabet, is reportedly aiming to secure a significant financing round, seeking to raise around $16 billion. This substantial investment is expected to value the autonomous driving technology company at nearly $110 billion. The news, reported by Bloomberg News citing sources familiar with the matter, indicates a major financial push for Waymo's operations and future development.

This potential funding round highlights the significant investor interest and perceived value in the autonomous vehicle sector. While Reuters could not immediately verify the report, the sheer scale of the proposed financing suggests a confident outlook for Waymo's technology and its market potential.

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