Waymo reportedly raising a $16 billion funding round | TechCrunch
Topics
Latest
AI
Amazon
Apps
Biotech & Health
Climate
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
Fundraising
Gadgets
Gaming
Google
Government & Policy
Hardware
Instagram
Layoffs
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
Space
Startups
TikTok
Transportation
Venture
More from TechCrunch
Staff
Events
Startup Battlefield
StrictlyVC
Newsletters
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
Posted:
Waymo reportedly raising a $16 billion funding round
Waymo has nearly finalized a new $16 billion funding round that will value the robotaxi company at $110 billion, according to the Financial Times.
More than three-fourths of that funding will reportedly come from a source close to home — Alphabet, where Waymo is a subsidiary. (The company was incubated as part of Alphabet’s “moonshot factory” X.)
The FT reports that Waymo is bringing on new investors Dragoneer, Sequoia Capital, and DST Global, with existing backers Andreessen Horowitz and Abu Dhabi sovereign fund Mubadala also participating in the round.
When contacted by TechCrunch, a company spokesperson said in a statement, “While we don’t comment on private financial matters, our trajectory is clear: with over 20 million trips completed, we are focused on the safety-led operational excellence and technological leadership required to meet the vast demand for autonomous mobility.”
The company is expanding quickly, including with a recent launch in Miami. That growth has come with some challenges, including a number of robotaxis that stalled at traffic lights during a widespread San Francisco blackout.
Waymo has more than $350 million in annual recurring revenue, according to the FT. The company last raised a $5.6 billion Series C in 2024, valuing the company at $45 billion.
Topics
Tickets are live at the lowest rates of the year. Save up to $680 on your pass — and if you’re among the first 500 registrants, score a +1 pass at 50% off.Meet investors. Discover your next portfolio company. Hear from 250+ tech leaders, dive into 200+ sessions, and explore 300+ startups building what’s next. Don’t miss these one-time savings.
Newsletters
Subscribe for the industry’s biggest tech news
Every weekday and Sunday, you can get the best of TechCrunch’s coverage.
TechCrunch Mobility is your destination for transportation news and insight.
Startups are the core of TechCrunch, so get our best coverage delivered weekly.
Provides movers and shakers with the info they need to start their day.
By submitting your email, you agree to our Terms and Privacy Notice.
Related
Nvidia CEO pushes back against report that his company’s $100B OpenAI investment has stalled
HomeBoost’s app will show you where to save on your utility bills
a16z partner Kofi Ampadu to leave firm after TxO program pause
Latest in Transportation
Waymo reportedly raising a $16 billion funding round
SpaceX seeks federal approval to launch 1 million solar-powered satellite data centers
SpaceX’s IPO could open the floodgates — and secondaries are booming in the meantime
© 2025 TechCrunch Media LLC.