Wayve employees may sell $85 million in vested shares to investors.
This is the company’s second liquidity event since its 2024 Series C tender.
The $8.5 billion valuation matches the February Series D, which was later revised to $8.6 billion.
Wayve is giving employees the chance to sell some of their shares in the company.
The London-based self-driving startup is running an $85 million tender offer, allowing staff to cash out vested shares at an $8.5 billion valuation, reports TechCrunch. This gives employees access to cash without waiting for an IPO, which is not expected soon for most AI companies.
