Yet another leap forward for Waabi!
Today we are announcing that we have raised $200M (USD) in an oversubscribed Series B round, led by Uber and Khosla Ventures, to launch fully driverless, generative AI-powered autonomous trucks in 2025. 🚚 🎉
Only three years on from our launch, we are already on the verge of reaching Level 4 autonomy. This industry-leading pace and capital efficiency is made possible through our revolutionary approach to unleashing generative AI in the physical world.
The incredible list of investors who have joined us on this round represent pioneers and trailblazers across deep tech, AI, automotive, as well as shipping and logistics ecosystems including NVIDIA, Volvo Group, Porsche Automobil Holding SE, Scania Group, Ingka Investments, HarbourVest Partners, G2 Venture Partners, BDC Capital (Canada), Export Development Canada | Exportation et développement Canada, Radical Ventures, Incharge Capital Partners, and others.
A huge thank you to all our investors, partners, customers, and our incredible team for helping us achieve this milestone! Can’t wait for what’s ahead!
Read more here: https://lnkd.in/ea2pEXtr
What a great group of folks!