Little-known self-driving startup raises $1 billion from Nvidia, Microsoft, SoftBank

Alex Kendall, Wayve’s CEO and co-founder, said the fresh funds are a vote of confidence in the contrarian approach the company has taken to developing its automated driving software since its 2017 founding. (WAYVE)

May 06, 2024 11:01 PM

Automated driving startup Wayve said Monday it has closed a $1.05 billion funding round, signifying revived investor interest in the autonomous vehicle industry.

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