Waymo reportedly set to close $16 billion funding round

So Whimo reportedly set to close a $16 billion round as soon as this month, valuing the business near $110 billion. Alphabet is expected to supply most of that capital with new names like Sequoia, DST Global, and Dragon now in the mix in a round that is said to be three times oversubscribed. Now Whimo won't discuss the financing, but its spokesperson pointed to traction.More than 20 million trips completed so far, and that's what these private market investors are paying up for. commercial scale, a fair cha ...