By Steve Hanley
Publication Date: 2026-02-26 02:01:00
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Wayve, a UK based autonomous driving company, announced on February 25, 2026, that it has raised $1.2 billion in a Series D investment round, bringing its post-money valuation to $8.6 billion. The funding accelerates the company’s shift from AI research leadership to scaled commercial deployment of its end-to-end AI platform, the announcement said.
“Microsoft, NVIDIA and Uber participated in the round, reflecting support for Wayve’s embodied AI as a foundational software layer for deploying autonomy at a global scale. Leading global automotive manufacturers Mercedes-Benz, Nissan, and Stellantis also invested, in support of advancing Wayve’s unified AI platform spanning L2+ ‘hands off’ through L3/L4 ‘eyes off’ driving across vehicles, brands and markets.”
BMW & Mercedes News
The last bit is interesting. As we reported earlier today, Mercedes will no longer offer Level 3 autonomous…