Wayve Raises $1.2B Series D

Wayve, a London-based developer of artificial intelligence software for autonomous driving, raised $1.2 billion in a Series D funding round.

Investors

Investors participating in the round include Stellantis, Mercedes-Benz, Nissan Motor Co., Microsoft, Nvidia, and Uber Technologies.

Wayve Use of Funds

Wayve plans to utilize the capital to accelerate the development and integration of its AI Driver software, which is designed to provide human-like driving behavior, with various automotive partners for global scale.

About Wayve

Founded in 2017 and led by CEO Alex Kendall, Wayve is an autonomous driving technology company developing embodied AI systems for self-driving vehicles. Founded in 2017, the company pioneered the use of end-to-end machine learning for autonomous driving, enabling vehicles to learn directly from real-world data rather than relying on hand-coded rules or high-definition maps. Its AI Driver platform is designed to operate across vehicle types, geographies and driving environments, supporting applications ranging from advanced driver assistance systems to fully autonomous robotaxis.

Funding Details

Company Website: https://wayve.ai

Company: Wayve
Raised: $1.2B
Round: Series D
Funding Date: February 2026
Additional Investors: Stellantis, Mercedes-Benz, Nissan Motor Co., Microsoft, Nvidia, Uber Technologies
Software Category: Autonomous Driving Software
Source: https://wayve.ai/press/series-d/