Waymo raised $2.25 billion in its 1st funding round with non-Alphabet backers
... [+]Waymo, Alphabet’s self-driving car unit, just raised funds from investors beyond its parent company for the first time as the perceived leader in autonomous technology accelerates R&D and enlarges its robotaxi and robotic truck fleets.
“Waymo is the proven leader in self-driving technology, is the only autonomous vehicle company with a public ride-hailing service, and is successfully scaling its fully driverless experience,” Egon Durban, Silver Lake’s co-CEO and a nominee for Waymo's Operating Board, said in aThe move is an unexpected one as the commercial successor to the Google Self-Driving Car project up to now has been wholly funded by one of the world’s wealthiest tech companies.
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