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Wayve
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Wayve

13360324 First deal Sept 2025
6
Deals
£2,532M
Total Capital Raised/Funded

Deal History

VC Funding Series D Extension 15 Apr 2026

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.

£44M
VC Funding Series D extension 13 Apr 2026

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.

£0M
VC Funding Growth Equity 2 Mar 2026

Investor: SoftBank

Wayve has secured a landmark $1.5 billion fundraising round led by SoftBank, with participation from Microsoft, NVIDIA, Uber, and major automotive groups including Nissan, Stellantis, and Mercedes-Benz. The British Business Bank invested £25 million as part of the round, valuing the Cambridge-founded company at $8.6 billion, the highest valuation achieved by a UK AI start-up.Summary of transaction details:Value: $1.5 billion (approximately £1.2 billion)Sector: DeepTech & AIAdvisor: Not specifiedKey Entities: Wayve (target), SoftBank (lead investor), British Business Bank, Microsoft, NVIDIA, Uber, Nissan, Stellantis, Mercedes-BenzLocation: UK (Cambridge)Note: This Growth Equity round represents a strategic investment in autonomous driving technology, with the UK government seeking to anchor high-growth technology firms domestically while Wayve transitions from technology risk to scale-up risk ahead of planned 2026 robotaxi trials.

£1,200M
VC Funding Series D 25 Feb 2026

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.

£888M
VC Funding Other 14 Oct 2025

Investor: Microsoft and SoftBank

Wayve, a British autonomous driving start-up, is in talks with Microsoft and SoftBank over a potential $2 billion funding round, valuing the company at $8 billion. Summary of transaction details: Value: $2 billion Sector: DeepTech & AI Advisor: Not disclosed Key Entities: Wayve, Microsoft, SoftBank, Nissan Location: UK Note: The planned investment signals continued confidence in Britain’s AI innovation sector, amidst intensifying global competition in autonomous driving and artificial general intelligence, and is expected to support the development of Wayve’s AI-powered software for hands-free cars.

£0M
VC Funding Other 19 Sept 2025

Investor: Nvidia

Nvidia is investing $500m in UK self-driving start-up Wayve, cementing its position as one of Europe's most promising AI mobility ventures. Summary of transaction details: Value: $500m Sector: DeepTech & AI Advisor: Not disclosed Key Entities: Nvidia, Wayve Location: UK Note: This investment highlights the growing importance of AI in the automotive sector and the UK's position as a key player in this space, with Nvidia's commitment being part of a wave of American capital commitments totalling £150bn.

£400M

Funding Timeline

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Companies House

Company Number
13360324
Status
Active
Registered Address
Nash House, Old Oak Lane, London, Old Oak Lane, London, NW10 6FF, England
SIC Codes
59200
Persons with Significant Control
Mr Muhammed Al-Kazaz
ownership of shares 25 to 50 percent, voting rights 25 to 50 percent, right to appoint and remove directors
Mr Ali Al-Kazaz
ownership of shares 25 to 50 percent, voting rights 25 to 50 percent, right to appoint and remove directors

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