Wayve

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.