Waymo completes sixteen billion dollar fundraising round to reach valuation of one hundred and twenty six billion dollars
Waymo secured 16 billion dollars in a new funding round that values the company at 126 billion dollars. The firm continues to expand its robotaxi reach.
Insights:
Waymo has announced the completion of a $16 billion fundraising round that values the company at $126 billion, a significant increase from its $45 billion valuation recorded during its last external financing in 2024. This massive influx of capital marks a material shift in private-market allocation toward the autonomous-vehicle sector and underscores the company's status as an industry leader. The round was led by Dragoneer Investment Group, DST Global, and Sequoia Capital, with additional investments provided by Mubadala Capital, Andreessen Horowitz, and T. Rowe Price.
The fundraising follows a period of rapid growth for the firm, which was originally carved out of the self-driving car project at Google, a subsidiary of Alphabet Inc. , in 2016. In the US
US, Waymo is currently the only operator offering paid robotaxi services with no safety drivers or in-vehicle attendants. The company reported that it tripled its volume to 15 million rides in 2025 and is now providing 400,000 rides weekly across six major metropolitan areas in the US.






