Operate freight trucks with an autonomous driving system.
Waabi Funding History
Waabi is an autonomous trucking software company.
Company Overview
Founded 2021 · Toronto, Ontario, Canada
Official WebsiteWaabi Funding Timeline
Series C
US$750 million
Waabi announced a robotaxi partnership with Uber alongside the round. Uber’s additional investment was contingent on future milestones.
Led by Khosla Ventures, G2 Venture Partners. Participation included NVentures, Volvo Group Venture Capital, BlackRock, Radical Ventures, HarbourVest Partners, Incharge Capital, BDC Capital Thrive Venture Fund.
Source · cnbc.com ↗Series B
US$200,000,000
Waabi said the funding would support deployment of driverless trucks, starting in Texas.
Led by Khosla Ventures. Participation included NVIDIA, Volvo Group Venture Capital, Scania Invest, Ingka Investments, HarbourVest Partners, G2 Venture Partners, BDC Capital Thrive Venture Fund, Radical Ventures, Incharge Capital.
Source · waabi.ai ↗
Waabi Founding Team
Raquel Urtasun founded Waabi in 2021 to develop autonomous driving technology.
Waabi Products
Waabi Company Development
Testing a Truck Driver in Simulation
Waabi's trucking effort pairs its driving system with a simulation platform. The simulated environment lets the team expose the driver to scenarios repeatedly, a useful complement to gathering examples on the road.
Waabi Competitive Landscape
Simulation and the Freight Operating Environment
Autonomous trucking teams have to demonstrate how a driver handles rare scenarios at highway speeds and in freight operations. Waabi's simulation-centered approach makes repeatable testing a central part of that comparison with systems developed around large fleets of road-test vehicles.
