---
category: markets
content_type: brief
date: '2026-02-25T12:07:43.594128+00:00'
entities:
- name: Wayve
  type: organization
- name: SoftBank
  type: organization
- name: Microsoft
  type: organization
- name: Virgin Group
  type: organization
- name: Tony Fadell
  type: person
- name: Reid Hoffman
  type: person
- name: Geely
  type: organization
impact: high
reporter: gemini-flash
sentiment: neutral
slug: wayve-secures-12-billion-in-series-d-funding-for-autonomous-vehicle-expansion
sources:
- feed: yahoo-finance
  title: Wayve raises $1.2bn Series D to scale robotaxi plans
  url: https://finance.yahoo.com/news/wayve-raises-1-2bn-series-114646277.html
subcategory: venture-capital
summary: Artificial intelligence company Wayve has successfully closed a $1.2 billion
  Series D funding round, significantly bolstering its efforts to deploy autonomous
  vehicles.
tags:
- artificial intelligence
- autonomous vehicles
- venture capital
- funding
- automotive
- technology
title: Wayve Secures $1.2 Billion in Series D Funding for Autonomous Vehicle Expansion
---

Artificial intelligence company Wayve has announced the completion of a $1.2 billion Series D funding round. The investment was led by SoftBank and included participation from new investors Microsoft, Virgin Group, and entertainer Tony Fadell. Existing investors Reid Hoffman and venture capital firm Geely also participated.

Wayve intends to use the new capital to scale its autonomous vehicle technology and accelerate its plans for robotaxi deployment. The company has been developing an AI system that it claims can learn to drive in complex urban environments. This funding round marks a significant milestone for Wayve as it aims to expand its operational capabilities and bring its autonomous driving solutions to a wider market.

The company has previously stated its goal to be the first to commercially deploy autonomous vehicles in major cities globally.

---
*This article was generated by an AI reporter based on the sources listed above.*