Wayve gets £147m backing for driverless system

Driverless Vehicles

Autonomous mobility tech startup Wayve has raised $200m (£147m) in a Series B round.

Investment in the London-based company was led by Eclipse Ventures, with a number of new global financial investors also involved.

Wayve, which has now raised $258m (£189m), said it will help it scale as well as extend its “next generation technology globally.”

Alex Kendall, co-founder and CEO of Wayve, said: “We were the first team to develop the scientific breakthroughs in deep...

Subscribe today to read this article in full...

Benefits of subscribing to Local Transport Today Membership + TransportXtra & TransportXtra.com

• 25 editions a year
• Essential reading for public and private sector transport professionals in the UK and beyond
• Stay ahead of the competition – hear it first
• Written by leading experts in the transport industry
• Additional publications throughout the year covering specific subjects Smarter Travel, Get Britain Cycling and Data and Modelling
• Includes full online access to TransportXtra.com and searchable archive

Magazine + Online

Pay Monthly

£25.00

Fixed Term

Organisation package: 2 mags + 5 members £630.00 Organisation package: 3 mags + 20 members £920.00 Organisation package: 5 mags + 50 members £1,300.00 1 Year Individual Membership £200.00 3 Year Individual Membership (Save 20%) £480.00

 

Online Only

Pay Monthly

£16.25

Price shown ex VAT. Monthly subscription amount charged monthly to registered card.

Fixed Term

1 Year Subscription £130.00 30 Day Subscription £30.00 90 Day Subscription £60.00

Invoice option available on fixed-term subscription. Subscriptions begin from receipt of payment.