Wayve

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.