Overview
- Alphabet is poised to contribute about $13 billion, with Sequoia Capital, DST Global and Dragoneer joining and existing backers Andreessen Horowitz and Mubadala participating.
- The prospective deal would more than double Waymo’s valuation from the $45 billion level set in October 2024.
- Waymo highlights operational scale with more than 20 million rider-only trips completed and annual recurring revenue above $350 million.
- The company operates paid, fully driverless services in the United States with a fleet exceeding 2,500 vehicles and has recently expanded to Miami.
- U.S. auto safety regulators have opened an investigation after a Waymo vehicle struck a child in Santa Monica, intensifying oversight as the company pursues new funding.