Waabi, a developer of autonomous trucks and physical AI, has closed its oversubscribed $750 million Series C round co-led by Khosla Ventures and G2 Venture Partners, and secured an additional milestone-based future investment from Uber to support a new partnership to deploy robotaxis powered by the Waabi Driver exclusively on the Uber platform.
The funding, the largest fundraise in Canadian history, will fuel the continued advancement of Waabi’s Physical AI Platform, further accelerate the company’s commercial progress in autonomous trucking, and support Waabi’s expansion into robotaxis.
Founded in 2021, Waabi has quickly ascended from industry upstart to leader in physical AI. The company’s “revolutionary” Physical AI Platform enables true scale, generalizing to different form factors, geographies, and environments. [Read more…] about Waabi raises $1 billion to accelerate commercialization of autonomous trucking and expand into robotaxis