waabi.aiConsumer & Lifestyle / AutomotiveFounded: 2021Funding to Date: $290.21MM
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 | Uber, Khosla Ventures, NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest, Ingka Investments, HarbourVest Partners, G2 Venture Partners, Business Development Bank of Canada, Export Development Canada, Radical Ventures, Incharge 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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Uber, Khosla Ventures, NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest, Ingka Investments, HarbourVest Partners, G2 Venture Partners, Business Development Bank of Canada, Export Development Canada, Radical Ventures, Incharge Capital
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06/08/2021 | Series A-2 | $4.76MM | $xx.xx | $299.64MM | Khosla Ventures, Uber, Radical Ventures, 8VC, OMERS Ventures, Business Development Bank of Canada, Aurora Innovation Inc., Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Sanja Fidler | |
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Uber, Radical Ventures, 8VC, OMERS Ventures, Business Development Bank of Canada, Aurora Innovation Inc., Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Sanja Fidler
|
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06/08/2021 | Series A-1 | $83.45MM | $xx.xx | $299.64MM | Khosla Ventures, Uber, Radical Ventures, 8VC, OMERS Ventures, Business Development Bank of Canada, Aurora Innovation Inc., Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Sanja Fidler | |
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Uber, Radical Ventures, 8VC, OMERS Ventures, Business Development Bank of Canada, Aurora Innovation Inc., Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Sanja Fidler
|