UK self-driving startup Wayve raises $1.2 billion from investors including Mercedes and Uber

Wayve raised $1.2 billion from major automakers to expand its autonomous tech. It plans to deploy robotaxis in ten cities this year with its partner Uber.

Insights:
British GBGB self-driving startup Wayve has successfully raised $1.2 billion in a Series D funding round, with additional milestone-based investments expected to bring the total for the round to $1.5 billion. This significant capital raise brings the company's total funding to $2.8 billion and elevates its valuation to $8.6 billion. The funding round, which concluded on February 25, 2026, saw participation from a group of strategic investors including Mercedes-Benz Group AG , Stellantis N.V. , Nissan Motor Co., Ltd. , and Uber Technologies, Inc. .
FILE PHOTO: UK self-driving startup Wayve displays a vehicle with "Wayve" on its name plate at an event in Tokyo, Japan, April 22, 2025. REUTERS/Daniel Leussink/File Photo
FILE PHOTO: UK self-driving startup Wayve displays a vehicle with "Wayve" on its name plate at an event in Tokyo, Japan, April 22, 2025. REUTERS/Daniel Leussink/File Photo
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