Tech Company Financing Transactions
Wayve Funding Round
SoftBank Group, Microsoft and NVIDIA participated in a $1.1 billion Series C funding round for Wayve. The financing round was announced on 5/8/2024.
Transaction Overview
Company Name
Announced On
5/8/2024
Transaction Type
Venture Equity
Amount
$1,050,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to develop and launch the first Embodied AI products for production vehicles.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
230-238 York Way
London, N7 9AG
UK
London, N7 9AG
UK
Phone
Undisclosed
Website
Email Address
Overview
Wayve is based in London's tech district near King's Cross Station and has been testing autonomous vehicles on public UK roads since early 2018. Wayve operates a fleet of electric vehicles fitted for autonomous operation and technology development.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alex Kendall
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About Our VC Transactions Data
Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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