Announced

Uber and Khosla Ventures led a $200m Series B round in Waabi.

Synopsis

Uber and Khosla Ventures led a $200m Series B round in Waabi, a company that develops the next generation of autonomous trucking technology, with participation from NVIDIA, Volvo Group Venture Capital, Porsche SE, Scania, Ingka Investments, HarbourVest Partners, G2 Venture Partners, BDC Capital, Export Development Canada, Radical Ventures, and Incharge Capital. “I have spent most of my professional life dedicated to inventing new AI technologies that can deliver on the enormous potential of AI in the physical world in a provably safe and scalable way. Over the past three years, alongside the incredible team at Waabi, I have had the chance to turn these breakthroughs into a revolutionary product that has far surpassed my expectations. We have everything we need — breakthrough technology, an incredible team, and pioneering partners and investors — to launch fully driverless autonomous trucks in 2025. This is monumental for the industry and truly marks the beginning of the next frontier for AI,” Raquel Urtasun, Waabi Founder and CEO.

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