Waabi is a logistics company focusing on developing AI-powered autonomous trucking technology. The company's system, Waabi Driver, aims to integrate an end-to-end trained AI stack with an interpretable architecture designed to ensure safety and scalability. Waabi was founded in 2021 and is headquartered in Toronto, Canada. Waabi also uses a scalable closed-loop simulation engine called Waabi World, which is intended to streamline development across hardware and software teams and reduce costs associated with real-world testing methods.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
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06/18/2024 | Series B | $202MM | $xx.xx | $701.15MM | Business Development Bank Of Canada, Export Development Canada, G2 Venture Partners, Harbourvest Partners, Incharge Capital, Ingka Investments, Khosla Ventures, Nvidia, Porsche Automobil Holding Se, Radical Ventures, Scania Invest, Uber, Volvo Group Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
56,827,766
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Business Development Bank Of Canada, Export Development Canada, G2 Venture Partners, Harbourvest Partners, Incharge Capital, Ingka Investments, Khosla Ventures, Nvidia, Porsche Automobil Holding Se, Radical Ventures, Scania Invest, Uber, Volvo Group Venture Capital
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06/08/2021 | Series A-1 | $83.45MM | $xx.xx | $299.64MM | 8vc, Aurora Innovation Inc, Business Development Bank Of Canada, Fei-Fei Li, Geoffrey Hinton, Khosla Ventures, Omers Ventures, Pieter Abbeel, Radical Ventures, Sanja Fidler, Uber | |
Price per Share
$xx.xx
Shares Outstanding
35,684,590
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Aurora Innovation Inc, Business Development Bank Of Canada, Fei-Fei Li, Geoffrey Hinton, Khosla Ventures, Omers Ventures, Pieter Abbeel, Radical Ventures, Sanja Fidler, Uber
|
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06/08/2021 | Series A-2 | $4.76MM | $xx.xx | $299.64MM | 8vc, Aurora Innovation Inc, Business Development Bank Of Canada, Fei-Fei Li, Geoffrey Hinton, Khosla Ventures, Omers Ventures, Pieter Abbeel, Radical Ventures, Sanja Fidler, Uber | |
Price per Share
$xx.xx
Shares Outstanding
1,698,215
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Aurora Innovation Inc, Business Development Bank Of Canada, Fei-Fei Li, Geoffrey Hinton, Khosla Ventures, Omers Ventures, Pieter Abbeel, Radical Ventures, Sanja Fidler, Uber
|