Waabi

Private

Toronto-based autonomous trucking company. Builds the Waabi Driver, a generative-AI-based Level 4 autonomous stack for long-haul trucks. Launched commercial driverless operations Texas-to-Chicago corridor Q2 2026. Backed by Uber, Nvidia, and Volvo Group. Founded 2021 by Raquel Urtasun, former Chief Scientist at Uber ATG.

Founders Raquel Urtasun

CEO Raquel Urtasun

Company

Founded

2021

Headquarters

Toronto, Canada

Financials

Total Funding

$584M

Sectors

Artificial Intelligence Transportation Hardware

waabi.ai

Funding History

3 rounds

Series C Jul 13, 2026

$300M

Uber Technologies (Lead) NVIDIA Volvo Group Khosla Ventures 8VC Radical Ventures Bezos Expeditions T. Rowe Price

Series B Jun 4, 2024

$200M

Uber Technologies (Lead) NVIDIA Khosla Ventures 8VC Volvo Group Ingka Investments Porsche Automobil Holding

Series A Jun 8, 2021

$84M

Khosla Ventures (Lead) Uber Technologies 8VC Radical Ventures OMERS Ventures BDC Capital

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.