Mobility Innovators’ Post

Waymo 🤖 🚘 has closed funding round of $5.6 billion, led by Alphabet Inc., with continued participation from Andreessen Horowitz, Fidelity, Perry Creek CapitalSilver Lake, Tiger Global Management, and T. Rowe Price. The new funding round bringing #Waymo valuation to an estimated $30 billion. #Waymo has raised $2.25 billion in 2020 and $2.5 billion in 2021. However, the valuation has not changed owing to rising operating cost. It currently completes 100,000 robotaxi rides each week, operating its autonomous vehicle services primarily in Phoenix, San Francisco, and Los Angeles. Waymo’s valuation could potentially rise to $50 billion or more in the next few years, particularly if it scales to additional cities and increases its service frequency. #autonomous #robotaxi #autonomousvehicles https://lnkd.in/gCYf5z5c https://lnkd.in/ggYURXzk

Waymo ride in San Francisco

https://www.youtube.com/

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