Waabi, a developer of autonomous trucking and physical AI, has secured $1 billion in new funding to accelerate commercialization of its autonomous trucking business and expand into robotaxis. The oversubscribed $750 million Series C round was co-led by Khosla Ventures and G2 Venture Partners, with additional milestone-based investment from Uber to support a partnership deploying Waabi Driver-powered robotaxis exclusively on the Uber platform.
Key takeaways
- Waabi's Physical AI Platform combines a verifiable end-to-end AI model with a neural simulator, enabling a shared brain across trucks and robotaxis.
- The company claims industry-leading pace in autonomous trucking development, with capabilities on highways and generalized surface streets.
- Strategic investors include Uber, NVentures (Nvidia), Volvo Group Venture Capital, and Porsche Automobil Holding SE.
- Uber's investment supports deployment of 25,000 or more Waabi Driver-powered robotaxis over time.
Waabi's simulation-first approach is designed to reduce capital needs for scaling autonomy while improving vehicle efficiency and utilization. The company's expansion into robotaxis follows progress in its trucking offering, positioning it to address both long-haul freight and urban mobility with a single AI platform.
Source: Robotics & Automation News (roboticsandautomationnews.com) · Published 2026-02-02 · “Waabi raises $1 billion to accelerate commercialization of autonomous trucking and expand into robotaxis”