The funding round valued the Alphabet subsidiary at $126bn as company aims to expand more cities worldwide
Self-driving car company Waymo on Monday said it raised $16bn in a funding round that valued the Alphabet subsidiary at $126bn.
Waymo co-chief executives Tekedra Mawakana and Dmitri Dolgov touted the massive investment as a sign that the age of large-scale autonomous mobility has arrived.
“This infusion of capital will ensure we are positioned to move forward with unprecedented velocity, while maintaining our industry-leading safety standards,” Dolgov and Mawakana said in a blog post.
Waymo’s focus is on spreading its robotaxi service throughout the United States and internationally this year, the executives added. Its service, available in 10 US cities as of early 2026, aims to expand to about 20 metropolitan areas within a year, including London.
