Latest News About Waabi Innovation USD 1B financing to grow Physical AI

Updated 2026-06-18 07:03

Waabi Innovation Inc. obtained US$1 billion in new funding to accelerate commercialization of its autonomous trucking platform and to expand into robotaxis, including a milestone-based investment from Uber to deploy Waabi Driver robotaxis exclusively on Uber's platform. The funding round was an oversubscribed $750 million Series C led by Khosla Ventures and G2 Venture Partners, with Uber's investment supporting robotaxi deployment; Waabi describes its platform as Physical AI technology aimed at broad autonomous driving applications. This expansion follows Waabi's earlier reports of raised funding and broader commercial ambitions in trucking and robotaxi services, per Bloomberg, Yahoo Finance, and GlobeNewswire press releases. The company also has earlier notes of raising funds to deploy driverless trucks by 2025, with investors including Uber, Nvidia, and Volvo’s venture wing, to enable its growth.

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