Waymo raises another $750 million for self-driving cars

Waymo raises another $750 million for self-driving cars
  • Waymo has raised another roughly $750 million for its self-driving technology, expanding the size of its first external investment round to $3 billion.
  • The latest investors include T. Rowe Price, Perry Creek Capital, Fidelity Management & Research Company, and others.
  • They join Silver Lake, Canada Pension Plan Investment Board, Mubadala Investment Company, Magna International, Andreessen Horowitz and AutoNation, who participated in the March 2 round.
  • Waymo CEO John Krafcik said the pandemic has underscored how fully self-driving technology can provide safe and hygienic personal mobility and delivery services.