Waymo reportedly raising a $16B funding round
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Waymo is nearing a $16 billion funding round, valuing the robotaxi company at $110 billion. Most funding will come from Alphabet, with new investors including Dragoneer, Sequoia Capital, and DST Global. Existing investors like Andreessen Horowitz and Mubadala are also participating. Waymo has completed over 20 million trips and reported $350 million in annual recurring revenue. The company aims for operational excellence in autonomous mobility despite challenges, including recent incidents in San Francisco. Previously, Waymo raised $5.6 billion in 2024, valuing it at $45 billion.
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