- Waymo announced Monday the first round of external financing-$ 2.25 billion.
- The company said the round of financing was led by investors Silver Lake, the Canada Pension Plan Investment Board and Mubadala Investment Corporation.
- Waymo did not announce company valuations based on the round.
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On Monday, Waymo announced its first round of external financing of $ -2.25 billion, led by Silver Lake, the Canada Pension Plan Investment Board and Mubadala Investment Corporation.
Waymo added that Magna International, Andreessen Horowitz, AutoNation and Waymo's holding company Alphabet participated in the round.
Waymo CEO John Krafcik said in a statement: "We have always made team sports our mission, with our OEM and supplier partners, our operations partners and our services Community to build and deploy the world's most experienced drivers. "
"Today, we are expanding our team, adding financial investors and important strategic partners who will have decades of experience investing and supporting successful technology companies to build transformative products. With the capital and business acumen injected this time, We will work with Alphabet to deepen our business and invest in our employees, our technology and our operations, all of which support the deployment of Waymo Driver globally. "
Waymo did not announce a valuation related to the funding round.