Waymo is an autonomous driving technology company with the mission of making it safe and easy for people and things to get where they’re going. The company develops the “Waymo Driver,” a sophisticated self-driving system that powers a fleet of fully electric robotaxis. Waymo distinguishes itself by operating one of the world’s only commercial autonomous ride-hailing services, focusing on reducing traffic fatalities and improving urban mobility through cutting-edge sensor suites and machine learning.
Waymo is reportedly in talks to raise more than $15 billion in a new financing round at a valuation nearing $100 billion. Led by Alphabet Inc. and external investors, this capital will be used to scale ride-hailing operations and expand driverless technology into new metropolitan markets.
Waymo, headquartered in Mountain View, California, United States, was founded in 2009 by Anthony Levandowski and Sebastian Thrun. The company has consistently set the benchmark for autonomous vehicle safety and reliability. This massive valuation solidifies Waymo’s position as the dominant leader in the global race to commercialize autonomous transportation.