The round was co-led by Eclipse, Balderton and SoftBank Vision Fund 2.
"We are making larger investments in high growth companies like Wayve to support the UK’s most promising businesses to start, scale, and stay in the UK."
Baillie Gifford is an independent investment partnership focused on long-term growth investing in global companies. Founded in Edinburgh, the firm operates with offices internationally.
Portfolio
3
companies
AUM
£346000M
under management
Wayve
Wayve develops autonomous driving technology powered by embodied AI foundation models.

Snyk
Snyk provides developer security tools to help enterprises build software securely.
Graphcore
Graphcore develops intelligence processing units and software for artificial intelligence workloads.
The round was co-led by Eclipse, Balderton and SoftBank Vision Fund 2.
"We are making larger investments in high growth companies like Wayve to support the UK’s most promising businesses to start, scale, and stay in the UK."
The Series B round was led by Eclipse Ventures with participation from a broad group of global financial and strategic backers.
"We were the first team to develop the scientific breakthroughs in deep learning to build autonomous driving technology that can easily scale to new markets using a data-learned approach. Today, we have all of the pieces in place to take what we have pioneered and drive AV2.0 forward. We have brought together world-class strategic partners in transportation, grocery delivery and compute, along with the best capital resources to scale our core autonomy platform, trial products with our commercial fleet partners, and build the infrastructure to scale AV2.0 globally."
The funding round values the developer security platform at £8.5bn.
"This new investment, together with the rapid adoption of our platform and growing customer base, validates our developer security vision,"

The Series E round was led by Ontario Teachers' Pensions Plan to fund global expansion and product development.