Published: February 3, 2026 at 1:56 pm
US-based autonomous driving technology company Waymo has announced a $16bn investment is a round that values the company at $126bn.
The financing was led by Dragoneer Investment Group, DST Global, and Sequoia Capital, and included significant investments from Andreessen Horowitz and Mubadala Capital as well as Bessemer Venture Partners, Silver Lake, Tiger Global, and T. Rowe Price.
Waymo’s technology has been credited with a 90 per cent reduction in serious injury crashes and is set to be launched in London.
Waymo is run by co-CEOs Tekedra Mawakana and Dmitri Dolgov, who said the investment will be used to fund global scale.
In a joint statement the co-CEOs said: “From our recent launch in Miami to the new markets ahead, we are expanding our fleet and our world-class team to meet an exploding global demand for autonomous mobility.”
In 2025, Waymo tripled the number of rides it was responsible for to 15 million and it now operates across six major US metropolitan areas.