SoftBank-Backed Wayve Raises $1.2 Billion From Microsoft, Nvidia, Automakers

Core Insights - The funding round for Wayve, led by venture capital firms Eclipse Capital, Balderton Capital, and a SoftBank Group fund, has increased its post-money valuation to $8.6 billion [1] Company Summary - Wayve has successfully raised funds from notable venture capital firms, indicating strong investor confidence in its business model and growth potential [1] - The involvement of major investors such as SoftBank Group suggests a strategic interest in Wayve's technology and market position [1]