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New Deal


Announced

Completed

Eclipse Ventures led a $200m Series B funding round in Wayve.

Financials

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Transaction Value£146m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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autonomous vehicles

Venture Capital

Cross Border

Completed

Acquisition

United Kingdom

Private Equity

electronic equipment

Friendly

Private

Minority

Automobiles

Synopsis

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Eclipse Ventures, a venture capital firm, led a $200m Series B funding round in Wayve, a developer of AI-based driving software system. Additional investors include D1 Capital Partners, Baillie Gifford, Moore Strategic Ventures, Linse Capital, Microsoft, Virgin, Compound, Balderton Capital and Ocado Group. "As the industry struggles to solve self-driving with traditional robotics, it is becoming increasingly clear that AV2.0 is the right pathway to build a scalable driving intelligence that can help commercial fleet operators deploy autonomy faster," Seth Winterroth, Eclipse Ventures Partner.

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