Overview
- Waabi closed an oversubscribed $750 million Series C co-led by Khosla Ventures and G2 Venture Partners, with roughly $250 million in additional milestone-based funding committed by Uber.
- The partnership calls for deploying a minimum of 25,000 Waabi-powered robotaxis exclusively on Uber’s platform, expanding Waabi’s focus beyond autonomous trucking.
- CEO Raquel Urtasun says the same end-to-end AI model trained in Waabi’s ‘Waabi World’ simulator will power both trucks and robotaxis to speed scaling across vehicle types.
- Key operational details remain unannounced, including launch timing, target markets, automaker partners, and fleet ownership or management responsibilities.
- Waabi continues commercial trucking pilots with safety drivers in Texas and postponed a fully driverless launch pending validation of purpose-built Volvo trucks, as investors including NVentures, Volvo Group Venture Capital, Porsche, and BlackRock joined the round.