Wayve takes multi‑chip funding
Driverless startup Wayve raised fresh capital that includes strategic investments from AMD, Qualcomm and Arm alongside existing Nvidia ties. Coverage highlights that the package gives Wayve access to multiple compute platforms it intends to run its autonomy stack on. (cnbc.com) (techcrunch.com)
Wayve has raised another $60 million, bringing Advanced Micro Devices, Arm and Qualcomm Ventures onto the cap table of the self-driving startup. (cnbc.com) The new money extends Wayve’s February 25, 2026 Series D, which the company said totaled $1.2 billion at an $8.6 billion post-money valuation. Wayve’s investor page now says it has secured $1.5 billion in 2026 and about $2.8 billion across four rounds. (wayve.ai) Wayve said the new investors are not just financial backers. The company plans to run its driving software across multiple automotive compute platforms, including systems built around chips from Nvidia, Qualcomm, Advanced Micro Devices and Arm-based designs. (techcrunch.com) That hardware point matters because carmakers do not all build around one chip supplier. Qualcomm said on March 10 that Wayve’s software would become an option on Snapdragon Ride, its automotive system for advanced driver assistance and automated driving. (wayve.ai) Wayve is selling what it calls an end-to-end driving system: one model that takes in sensor data and outputs steering, braking and acceleration, instead of stitching together many separate software modules. The company says its system is vehicle-agnostic and does not rely on high-definition maps, which are detailed prebuilt road maps used by many autonomous driving programs. (wayve.ai) The company has been moving from research to commercial programs. In the past year, Uber agreed to invest in Wayve and put future Wayve-powered vehicles on its network, and the two companies later announced public-road Level 4 trials in London. (wayve.ai 1) (wayve.ai 2) Wayve has also widened its geographic footprint. It opened a testing and development center in Yokohama in April 2025, said it had been testing in Japan since early 2025, and on March 12, 2026 announced a Tokyo robotaxi pilot with Uber and Nissan planned for late 2026, subject to regulatory discussions. (wayve.ai 1) (wayve.ai 2) Nvidia remains part of the picture too. Wayve said in May 2024 that Nvidia joined its $1.05 billion Series C alongside SoftBank and Microsoft, and in March 2026 Wayve and Nissan showed a robotaxi prototype built on Nvidia Drive Hyperion. (wayve.ai 1) (wayve.ai 2) The result is a startup that now has ties to several of the chip companies shaping in-car computing, while it tries to convince automakers they can buy one driving stack and run it on more than one silicon base. (cnbc.com) (techcrunch.com)
