Overview
- The raise includes a $1.2 billion Series D led by Eclipse, Balderton and SoftBank Vision Fund 2, with participation from Microsoft, Nvidia, Uber and automakers Mercedes-Benz, Nissan and Stellantis.
- Uber committed up to $300 million tied to milestones and will operate fleets on its platform across more than 10 markets, beginning with London robotaxi trials in 2026.
- Wayve targets consumer rollouts from 2027, starting with Nissan integrating its AI into the next generation of ProPilot driver assistance.
- The company touts an end-to-end, mapless 'embodied AI' that it says has run zero-shot in 500+ cities and will be licensed to OEMs and fleet operators rather than used in company-owned vehicles.
- Backers position Wayve against larger rivals such as Waymo, which recently raised $16 billion, as the startup remains loss-making with a £61.8 million post-tax loss in its latest accounts and faces regulatory scrutiny in the UK.