May 27, 2020

Waymo – $2.25 Billion

Mountain View, CA. ; 3/2/20

Amount Funded: $2.25 Billion

Type: Unlisted

Lead Investor: Silver Lake, Canada Pension Plan Investment Board, Mubadala Investment Co. 

Participating Investor(s):Magna International, Andreessen Horowitz, AutoNation, Alphabet (parent company)

Total Funding to Date: $2.25 billion

Company Description:

“Waymo stands for a new way forward in mobility. We’re a self-driving technology company with a mission to make it safe and easy for people and things to move around. We’re determined to improve transportation for people around the world, building on technology developed in Google’s labs since 2009.” – Source: Waymo

What funding will be used for:

Investments in staff, technology, operations, and deployment of Waymo operations worldwide. 

Quotes:

“We’ve always approached our mission as a team sport, collaborating with our OEM and supplier partners, our operations partners, and the communities we serve to build and deploy the world’s most experienced driver. Today, we’re expanding that team, adding financial investors and important strategic partners who bring decades of experience investing in and supporting successful technology companies building transformative products.” 

-John Krafcik, CEO, Waymo

Notes:

  1. This investment makes Waymo the record holder for biggest single funding round on StartupsOne. 
  2. Waymo is (so far) the only startup on StartupsOne with a billion dollar plus single funding round. 

Data provided by respective company (unless otherwise noted) and researched by StartupsOne for accuracy.

 

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