Wayve

Wayve, a British autonomous vehicle startup founded in 2017, has secured $1.05 billion in funding from SoftBank, Nvidia, and Microsoft to advance its AI software for hands-free driving.

Summary of transaction details:

• Value: $1.05 billion
• Sector: DeepTech & AI
• Advisor: Not disclosed
• Key Entities: Wayve, SoftBank, Nvidia, Microsoft
• Location: United Kingdom

Note: This transaction represents a significant VC funding round for an autonomous vehicle AI company, reflecting strong investor confidence in Wayve's machine-learning approach to driverless technology and the UK's growing role in the global AI ecosystem.