Wayve

Investor: AMD, Arm, Qualcomm Ventures

London-based autonomous driving pioneer Wayve has secured a $60 million (£44 million) Series D extension, backed by semiconductor giants AMD, Arm, and Qualcomm Ventures. This capital injection pushes the firm's valuation to nearly $9 billion. Summary of transaction details: Value: £44 million ($60 million) Series D Extension Sector: DeepTech & AI / Autonomous Driving Software Advisor: Not disclosed Key Entities: Target: Wayve; Investors: AMD, Arm, Qualcomm Ventures; Key Executive: Alex Kendall (Co-founder & CEO) Location: London, UK Note: This strategic extension builds upon Wayve's staggering $1.2 billion Series D announced in February 2026. The company is actively shifting from AI research leadership to the commercial deployment of its "AI Driver"—a hardware-agnostic, end-to-end autonomy platform that operates without relying on high-definition maps. Securing investment directly from leading silicon manufacturers is a strategic move to ensure Wayve's software integrates seamlessly across the global automotive compute ecosystem. The capital supports major upcoming milestones, including Wayve-powered robotaxi commercial trials on the Uber network in London starting in 2026, and the rollout of consumer L2+ ('hands-off') passenger vehicles in 2027.

Investor: AMD, Arm and Qualcomm Ventures

Wayve, a UK-based autonomous driving software group, has secured £44m in a Series D extension funding round from investors including AMD, Arm and Qualcomm Ventures. Summary of transaction details: Value: £44m Sector: DeepTech & AI Advisor: Not disclosed Key Entities: Wayve, AMD, Arm, Qualcomm Ventures Location: UK Note: The funding round reflects the growing interest in autonomous driving technology and the potential for Wayve to expand its capabilities in the UK market.

Investor: Eclipse, Balderton, SoftBank Vision Fund 2

London-based autonomous driving pioneer Wayve has successfully closed a landmark £888 million ($1.2 billion) Series D investment round, catapulting the company to a post-money valuation of $8.6 billion. Summary of transaction details: Value: £888 million ($1.2 billion) Sector: DeepTech & AI / Autonomous Driving Software Advisor: Not disclosed Key Entities: Target: Wayve; Lead Investors: Eclipse, Balderton, SoftBank Vision Fund 2; Key Strategic Backers: Microsoft, NVIDIA, Uber, Mercedes-Benz, Nissan, Stellantis; Key Executive: Alex Kendall (Co-Founder & CEO) Location: London, UK Note: This massive capital injection marks Wayve's transition from AI research leadership to full commercial deployment. The round drew participation from a powerhouse syndicate of tech giants (Microsoft, NVIDIA), mobility platforms (Uber), and global automakers (Mercedes-Benz, Nissan, Stellantis), alongside a notable £25 million direct equity investment from the British Business Bank. Wayve's hardware-agnostic "AI Driver" utilizes a zero-shot foundation model that requires no location-specific engineering or HD maps. The funding will accelerate commercial rollouts, including public robotaxi trials on the Uber network in London starting in 2026, and the launch of consumer L2+ passenger vehicles starting in 2027.