Official announcements from Waabi, news reports, or press releases

Waabi Raises $200 Million in Series B Led by Uber and Khosla for Driverless Trucks by 2025

Jun 18, 2024, 11:39 AM

Autonomous trucking startup Waabi has raised $200 million in an oversubscribed Series B funding round led by Uber and Khosla Ventures, with participation from Nvidia and Volvo's venture wing. The funding will support Waabi's deployment of fully driverless, generative AI-powered trucks by 2025. Raquel Urtasun, founder and CEO of Waabi, has been developing AI systems for two decades and aims to revolutionize the trucking industry with this technology. The company plans to launch its driverless commercial trucks in Texas next year. This follows an $83.5 million Series A round in 2021.