this post was submitted on 27 Oct 2024
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Autonomous Vehicles

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Waymo secures $5.6 billion in new funding before expanding robotaxis to new cities in 2025 (electrek.co)
submitted 1 month ago by threelonmusketeers@sh.itjust.works to c/avs
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Today, Waymo announced its Series C funding round closed at an oversubscribed amount of $5.6 billion, led, of course, by Alphabet, Inc.

Following its latest investment, the company said it would continue to expand its Waymo-One rideshare services around current cities like Los Angeles, San Francisco, and Phoenix. In 2025, the company also plans to expand robotaxi rides to Austin, Texas, and Atlanta, Georgia. The expansion of cities has resulted from an ongoing partnership between Waymo and Uber.

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