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

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

1 Feb

•

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 Secures $16B, Valued at $110B!

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.

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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.

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 valuation is set to reach $110 billion following the finalization of its new funding round.
Waymo is finalizing a $16 billion funding round.
Alphabet, Waymo's parent company, is contributing over three-fourths of the $16 billion funding.

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