waymo just announced a massive 2 25 billion funding round the self driving car companys first ever raise from outside investors
Waymo launch

Waymo

Waymo One vehicle.

On Monday, Waymo announced its first round of external financing of $ -2.25 billion, led by Lake, the Canada Pension Plan Investment Board and Mubadala Investment Corporation.

Waymo added that Magna International, Andreessen Horowitz, AutoNation and Waymo's holding company participated in the round.

Waymo John Krafcik said in a statement: "We have always made sports our mission, with our OEM and partners, our operations partners and our services Community to build and deploy the world's most experienced drivers. "

", we are expanding our team, adding financial investors and important strategic partners who will have decades of experience investing and supporting successful companies to build transformative products. With the capital and business acumen injected this , We will work with to deepen our business and invest in our employees, our technology and our operations, all of which the deployment of Waymo Driver globally. "

Waymo did not announce a valuation related to the funding round.

Founded in 2016, the company consists of the so-called project and launched the Waymo One carpool service in Arizona in 2018.

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