Wayve Gets $60 Million Investment From Chipmakers AMD, Arm, Qualcomm

Published: 2026-04-15 10:45:21 ET QCOM

Published on 04/15/2026 at 10:45 am EDT

By Elias Schisgall

U.K. self-driving technology company Wayve has raised $60 million in investments from chip companies Advanced Micro Devices, Arm Holdings and Qualcomm Ventures.

Wayve on Wednesday described the new funding as an extension of its Series D fundraising round. The company in February said it had raised $1.2 billion at an $8.6 billion valuation.

The company said it plans to use the new capital to integrate across automotive-compute platforms and support the commercial deployment of its artificial-intelligence self-driving software. It is aiming toward launching commercial robotaxi trials this year.

"We're building an AI driver that works across the full automotive compute ecosystem, from architectures already used in millions of vehicles today to the platforms powering the next generation of automated vehicles," Chief Executive Officer Alex Kendall said. "Expanding our relations with leading silicon companies helps bring that into production at a global scale."

The initial Series D funding round was led by Eclipse Capital, Balderton Capitol, and a SoftBank Group fund. The company also has backing from Microsoft, Nvidia, Uber Technologies, as well as carmakers Mercedes-Benz, Nissan Motor, and Stellantis.

Wayve has also partnered with Uber to roll out robotaxis in more than 10 cities globally, including a pilot program in Tokyo later this year in collaboration with Nissan.

Write to Elias Schisgall at [email protected]

(END) Dow Jones Newswires

04-15-26 1044ET