Waymo funding round secures $16 billion at $110 billion valuation as Alphabet-backed robotaxi service scales nationwide operations.
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Waymo Reportedly Raising A $16B Funding Round
Waymo Funding: $16B Raise Values Robotaxi Leader at $110B Waymo is finalizing a massive $16 billion funding round that will value the autonomous vehicle pioneer at approximately $110 billion—more than doubling its valuation from just 16 months ago. The robotaxi leader has now completed over 20 million driverless trips across six U.S. markets while rapidly expanding its commercial footprint. Alphabet, Waymo's parent company, is contributing roughly $13 billion of the total raise, signaling extraordinary confidence in the path to profitability as the company targets one million weekly rides by year's end. Credit: Waymo Why This Valuation Matters for Autonomous Driving The jump from a $45 billion valuation in late 2024 to a potential $110 billion figure represents one of the most dramatic re-ratings in transportation technology history. What makes this surge particularly noteworthy isn't just the dollar amount—it's the operational momentum backing it. Waymo has moved beyond e…
