Waymo raises $16bn to fuel global robotaxi expansion

The funding round valued the Alphabet subsidiary at $126bn as company aims to expand more cities worldwide The self-driving car company Waymo on Monday said it raised $16bn in a funding round that valued the Alphabet subsidiary at $126bn. Waymo’s co-chief executives, Tekedra Mawakana and Dmitri Dolgov, touted the massive investment as a sign that the age of large-scale autonomous mobility has arrived.