Autonomous Semi Technician

Waabi raises $750M as Uber separately commits up to $250M for robotaxi partnership. Canadian autonomous truck startup Waabi Innovation Inc. announced today that it has raised $750 million in new funding and secured a separate, milestone-based future investment of up to $250 million from Uber Technologies Inc. The latter deal is to support a new partnership to deploy robotaxis powered by the Waabi Driver exclusively on the Uber platform. As for the new funding, it's aimed at fueling the continued advancement of Waabi's Physical AI Platform, accelerate the company's commercial progress in autonomous trucking, and support its expansion into robotaxis. Founded in 2021, Waabi is building a general-purpose artificial intelligence system to operate autonomous vehicles safely and at large scale in the real world. The company says its Physical AI offering combines large-scale machine learning with a deep understanding of physics to allow autonomous systems to reason, predict and act reliably in complex, dynamic environments. Waabi Driver, the company's autonomous vehicle system, is designed to generalize across different vehicle platforms rather than being tightly coupled to a single use case. The system is built around a learned model that can adapt to new scenarios, road conditions and driving behaviors with minimal retraining. That's in contrast to other solutions that use autonomy stacks relying heavily on hand-coded rules. "Waabi's Physical AI Platform has enabled us to hit an industry-leading pace in the development and commercialization of autonomous trucks over the past few years," explained founder and Chief Executive Raquel Urtasun. "Our current self-driving capabilities across highways and generalized surface streets have unlocked a new direct-to-customer model that for the first time solves the pain points of the industry and provides an unprecedented opportunity to quickly and seamlessly enter the robotaxi market, delivering a truly scalable solution for both verticals." The $750 million Series C round was led by Khosla Ventures and G2 Venture Partners. Also participating were Uber, NVentures, Volvo Group Venture Capital AB, Porsche Automobil Holding SE, BlackRock Inc., Radical Ventures LP, HarbourVest Partners, Linse Capital, Incharge Capital, BDC Capital Inc., Export Development Canada, TELUS Global Ventures and BMO Global Asset Management Inc. "We invest in the companies that are leading the AI era," said Vinod Khosla, founder of Khosla Ventures. "Waabi has developed a truly groundbreaking Physical AI platform that represents a fundamental leap forward in how next-generation driverless technology is being developed." Along with the funding, the new partnership with Uber will see Waabi enter the robotaxi market. Waabi is exclusively partnering with Uber to deploy robotaxis powered by Waabi Driver on the Uber platform. Uber will invest additional milestone-based capital to support the development of Waabi's robotaxis and the deployment of 25,000 or more Waabi Driver-powered robotaxis over time. "Waabi's expanded focus on robotaxis marks an important milestone for their team and the AV industry more broadly," said Uber CEO Dara Khosrowshahi. "We're very excited to deepen our partnership with Waabi as they significantly scale their Physical AI Platform and enter a new phase of an already remarkable journey." Photo: Waabi. A message from John Furrier, co-founder of SiliconANGLE: Support its mission to keep content open and free by engaging with theCUBE community. Join theCUBE's Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities. * 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more * 11.4k+ theCUBE alumni - Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network. SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios - with flagship locations in Silicon Valley and the New York Stock Exchange - SiliconANGLE Media operates at the intersection of media, technology and AI. Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Its new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.

Waabi lands historic financing, expands to robotaxis. Canadian autonomous trucking technology developer Waabi has raised $750 million in a Series C financing co-led by Khosla Ventures and G2 Venture Partners. Waabi says it's the largest fundraise in Canadian history, at more than $1 billion Canadian. It also partnered with Uber to deploy tie Waabi Driver exclusively in the Uber platform. Waabi will use the funds to expand its autonomous trucking development as well as its expansion into robotaxis. "We invest in the companies that are leading the AI era. Waabi has developed a truly groundbreaking physical AI platform that represents a fundamental leap forward in how next generation driverless technology is being developed," said Vinod Khosla, founder of Khosla Ventures. "Their remarkable progress in autonomous trucking and rapid expansion into robotaxis demonstrates how their technology unlocks for the first time true scale in the real world. This breakthrough will define AI for decades to come." Added Brook Porter, partner and co-founder at G2 Venture Partners: "Waabi is fundamentally changing the trajectory of autonomous transportation. Their simulation-first end-to-end AI is a powerful enabler, accelerating commercial adoption while dramatically reducing capital needs to scale. Waabi is unlocking the potential for autonomy to drive vehicle efficiency and utilization, catalyzing the shift to a more sustainable transportation system." trucknews.com is the trucking industry's leading information source, delivering vital insights to fleet executives, operations teams, maintenance personnel, owner-operators, and more. Readers turn to our experienced journalists for award-winning trucking industry news, trends, technical advances, equipment maintenance techniques, and business practices alike. This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

Waabi Raises $1B and expands into robotaxis with Uber. Autonomous vehicle startup, Waabi Raises $1B and struck a partnership with Uber to deploy self-driving cars on the ride-hailing giant's platform, the company announced on January 28, 2026. The funding includes a $750 million Series C round led by Khosla Ventures and G2 Venture Partners, with participation from existing investors including Nvidia, Volvo Group Venture Capital, Porsche Ventures, Radical Ventures, Harbor Street Ventures, Incharge Capital Partners, and Scania Invest, as well as new backers like Export Development Canada (EDC) and Investissement Québec. This brings Waabi's total funding to $1.28 billion since its 2021 founding, following a $200 million Series B in June 2024. Uber is committing up to $250 million in additional capital, contingent on Waabi meeting certain milestones, pushing the total raise to $1 billion. The partnership will see Waabi's self-driving vehicles integrated into Uber's network starting in 2027, initially in select markets, with plans to scale to thousands of robotaxis over time. Waabi, based in Toronto, says it's the first company to develop a shared AI "brain" capable of operating both autonomous trucks and robotaxis, leveraging its generative AI platform for safer, more efficient deployment. The startup has focused on trucking but is now expanding into passenger vehicles through this deal. "With this partnership, we're bringing together the best of autonomous technology and ride-hailing to unlock new opportunities for safe, affordable, and sustainable mobility," said Waabi founder and CEO Raquel Urtasun in the announcement. Uber CEO Dara Khosrowshahi added: "Waabi's innovative approach to autonomy aligns with our vision for the future of transportation. This collaboration will accelerate the deployment of robotaxis on the Uber platform." The funds will support Waabi's expansion, including growing its team, advancing its AI technology, and scaling commercial operations in trucking while preparing for robotaxi launches. Waabi operates driverless trucks in Texas and plans further U.S. and Canadian rollouts. This deal comes amid a resurgence in autonomous vehicle investments, with competitors like Waymo and Cruise also partnering with ride-hailing services. Uber, which sold its self-driving unit to Aurora in 2020, has been rebuilding its AV strategy through collaborations. Waabi did not disclose its valuation in the round.