Waymo raises $16B to scale robotaxi fleet internationally
Waymo, the Alphabet-owned autonomous vehicle company, has raised $16 billion as it plans to grow its fleet of driverless taxicabs this year to more than a dozen new cities internationally, including London and Tokyo. Dragoneer Investment Group, DST Global, and Sequoia Capital led the funding round, which now values Waymo at $126 billion, the company said in a blog post Monday. Parent company Alphabet supported the round and maintained its position as majority investor. The round also included significant investments from Andreessen Horowitz and Mubadala Capital, as well as Bessemer Venture Partners, Silver Lake, Tiger Global, and T. Rowe Price. Additional investors included BDT & MSD Partners, CapitalG, Fidelity Management & Research Company, GV, Kleiner Perkins,…
