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Home / Technology / Robotaxi Giant Waymo Valued at $126B After Huge Funding

Robotaxi Giant Waymo Valued at $126B After Huge Funding

3 Feb

•

Summary

  • Waymo raised $16 billion, increasing its valuation to $126 billion.
  • Funding will accelerate global expansion and bolster safety standards.
  • Service is expanding to new US cities and London by 2026.
Robotaxi Giant Waymo Valued at $126B After Huge Funding

Alphabet's Waymo has successfully raised $16 billion, achieving a post-money valuation of $126 billion. This substantial funding round, led by Alphabet and supported by numerous investors, is set to propel Waymo's expansion efforts.

The company's leaders highlighted that Waymo is moving beyond concept validation to a scalable commercial reality, emphasizing its statistically superior safety record compared to human drivers. The new capital will support unprecedented growth and uphold industry-leading safety standards.

Waymo's autonomous ride-hailing service is currently operational in Austin, the San Francisco Bay Area, Phoenix, Atlanta, Los Angeles, and Miami. Expansion plans for 2026 include launching in Dallas, Denver, Detroit, Houston, Las Vegas, Miami, Nashville, Orlando, San Antonio, San Diego, and Washington D.C.

Additionally, Waymo intends to launch its first international service in London in 2026. Despite its rapid growth, the company has recently faced scrutiny, including a software recall in December due to safety incidents.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Waymo's new valuation after its latest funding round is $126 billion.
Waymo secured $16 billion in its latest funding round.
Waymo plans to open service in London, its first international market, in 2026.

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