Published: February 25, 2026 at 6:23 am
Wayve, a UK-based leader in AI for autonomous driving, has announced it has raised $1.2bn in a Series D investment round.
Uber, who also participated in the round, committed additional capital of $300m to support the development of Wayve-powered ‘robotaxis’ on the Uber network,
The total funding of $1.5bn brings the London-based firm’s valuation to $8.6bn and will accelerate the company’s shift from AI research leadership to scaled commercial deployment of its end-to-end AI platform.
The round was led by Eclipse, Balderton and SoftBank Vision Fund 2, and brings in new investment from Ontario Teachers’ Pension Plan, Baillie Gifford, British Business Bank, Icehouse Ventures, Schroders Capital and other global institutional investors.
Microsoft, NVIDIA and Uber participated in the round, alongside global automotive manufacturers Mercedes-Benz, Nissan and Stellantis.