What is Waymo's new valuation after the funding round?

Waymo's valuation is set to reach $110 billion following the finalization of its new funding round.

How much funding is Waymo receiving?

Waymo is finalizing a $16 billion funding round.

Which major investor is contributing significantly to Waymo's funding?

Alphabet, Waymo's parent company, is contributing over three-fourths of the $16 billion funding.

Home / Technology / Waymo Secures $16B, Valued at $110B!

Waymo Secures $16B, Valued at $110B!

1 Feb

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Summary

Waymo is finalizing a $16 billion funding round.
The company's valuation has reached $110 billion.
Alphabet accounts for over three-fourths of the funding.

Waymo, Alphabet's autonomous vehicle subsidiary, is nearing the completion of a substantial $16 billion funding round. This investment will reportedly elevate the robotaxi company's valuation to $110 billion.

Alphabet itself is contributing over three-fourths of the total funding for this round. New investors like Dragoneer, Sequoia Capital, and DST Global are joining, alongside existing backers such as Andreessen Horowitz and Mubadala.

The company has achieved over 20 million trips, demonstrating its focus on safety and technological leadership in autonomous mobility. Waymo also reports over $350 million in annual recurring revenue.

Recent growth includes an expansion into Miami, though the company has faced challenges, such as robotaxis stalling during a San Francisco blackout. This latest funding follows a $5.6 billion Series C round in 2024 that valued Waymo at $45 billion.

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