Overview
- Reports from Bloomberg and the Financial Times say the round is nearly finalized and could close in February, valuing the Alphabet unit near $110 billion.
- Alphabet is expected to contribute about $13 billion, with Sequoia Capital, DST Global, Dragoneer, Andreessen Horowitz, and Abu Dhabi’s Mubadala joining.
- Waymo cites more than 20 million completed trips, over 125 million autonomous miles, and annual recurring revenue above $350 million.
- The company runs paid, fully driverless services in multiple U.S. cities including San Francisco, Los Angeles, Phoenix, and Miami, and operates a fleet exceeding 2,500 vehicles.
- U.S. safety regulators are investigating recent incidents, including an NHTSA probe after a Waymo vehicle struck a child in Santa Monica, as the company pushes expansion.