Wayve raises $1.2bn in Series D funding for global autonomous vehicle rollout

UK-based autonomous driving technology company Wayve has raised $1.2bn in a Series D funding round to accelerate the deployment of its autonomous driving technology. The investment brings the company’s total capital secured to $1.5bn and increases its post-money valuation to $8.6bn. Eclipse, Balderton, and SoftBank Vision Fund 2 led the round, with new participation from Ontario Teachers’ Pension Plan, Baillie Gifford, British Business Bank, Icehouse Ventures, Schroders Capital and other global investors ...