Waymo announces $16 billion funding round [CNBC]
T. Rowe Price Group, Inc. (TROW)
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Source: CNBC
The new infusion of cash includes several new investors, the company said. The fundraising round will allow the company to move “with unprecedented velocity, while maintaining our industry-leading safety standards,” Waymo said. In this article A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet 's self-driving car unit Waymo on Monday said it raised a $16 billion funding round that values the company at $126 billion “post-money.” The new valuation is more than double from Waymo's last funding . That was a series C round of $5.6 billion at a $45 billion valuation, which closed in October 2024. Alphabet committed $5 billion in a multiyear investment to Waymo at the time. ???This milestone is built on a foundation of safety that is now statistically superior to human driving,” Waymo co-CEOs Tekedra Mawakana and Dmitri Dolgov wrote in a blog post . “We are no longer proving a concept; we are scaling a commercial reali
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