Waabi builds a Physical AI platform that couples a verifiable, end-to-end AI model with an advanced neural simulator, allowing one shared ‘brain’ to control both autonomous long-haul trucks and urban robotaxis. The technology is designed to reason about the physical world and speed safe deployment of self-driving vehicles. With its latest financing, the company is focusing on accelerating commercial rollout in autonomous trucking while preparing a push into ride-hailing robotaxis through a new partnership with Uber. Waabi intends to run its robotaxi service exclusively on Uber’s platform, leveraging the additional milestone-based capital committed by Uber. The firm positions its simulator as a key competitive advantage, enabling rapid AI training and validation without excessive on-road testing. Financially, Waabi has now secured up to $1 billion USD of fresh capital, including a $750 million Series C round and contingent follow-on funding from Uber. This infusion provides significant runway to scale its engineering team, expand pilot programs, and advance toward full-scale commercialization.

Total raised

$1.0B

Funding rounds

3

Latest round

Series C

Latest activity

Jan 2026