Wayve raises $60m from AMD, Arm, and Qualcomm Ventures to extend Series D round
Semiconductor giants join the autonomous driving software developer to support hardware integration and market rollout.
Wayve develops end-to-end artificial intelligence software for autonomous vehicles. The company provides a scalable driving platform designed for automotive manufacturers.
Wayve has secured $60m in an extension to its Series D funding round from semiconductor firms AMD, Arm, and Qualcomm Ventures.
The capital will be used to support platform integration and fund joint go-to-market initiatives as the business transitions from research toward large-scale production deployment.
This latest investment follows a $1.2bn Series D raise earlier in the year that valued the company at $8.6bn, bringing its total funding to approximately $1.5bn.
Use of funds
- 01Accelerate go-to-market
- 02Scale operations