Waabi Innovation

Automobiles, Other Vehicles & PartsSeries CToronto, Canadawaabi.ai

Latest round

Series C

Last raised

Jan 2026

Total raised

$1B

Investors

20

About Waabi Innovation

Based in Canada, Waabi Innovation Inc. is transforming the transportation industry with its advanced autonomous trucking technology, driven by a sophisticated AI model that enhances safety and operational efficiency. Waabi Innovation Inc. specializes in autonomous trucking solutions, established in 2021 and headquartered in Toronto, Canada. In January 2026, Waabi Innovation Inc. CEO Raquel Urtasun, a leader in AI and autonomous systems, has built a strong foundation through her previous endeavors in the tech sector. Waabi focuses on revolutionizing the transportation sector through its core products, which center around autonomous trucking technology powered by an end-to-end interpretable and verifiable AI model. This technology employs an advanced neural simulator to enhance logistics and freight operations. Waabi's solutions cater to various use cases, including autonomous freight delivery, robotaxis, and intelligent warehouse systems, enabling seamless integration across multiple vehicle platforms. The company targets North American and European markets, partnering with industry leaders such as Volvo and Uber Freight to improve operational capabilities and customer delivery efficiency. Waabi's revenue model is built on B2B transactions and partnerships within the logistics sector, where it collaborates with established firms to implement autonomous technologies. The company engages clients through subscription-based agreements and direct sales, often under multi-year contracts that offer continuous updates and support as technologies advance. This strategy positions Waabi to enhance its competitive edge in the autonomous vehicle industry by emphasizing operational excellence and safety standards.

Who invested in Waabi Innovation

20 investors across 3 rounds

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Funding rounds

  1. Series C

    Jan 28, 2026

    Amount

    $750M

    Investors

    Locked

  2. Series B

    Jun 18, 2024

    Amount

    $200M

    Investors

    Locked

  3. Series A

    Jun 8, 2021

    Amount

    $82M

    Investors

    Locked

Questions about Waabi Innovation

Who invested in Waabi Innovation?

Waabi Innovation has 20 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Waabi Innovation raised?

Waabi Innovation has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Waabi Innovation last raise money?

Waabi Innovation's most recent round on record is a Series C, in Jan 2026.

What does Waabi Innovation do?

Based in Canada, Waabi Innovation Inc.

Where is Waabi Innovation headquartered?

Waabi Innovation is headquartered in Toronto, Canada.

Which VCs invest in companies like Waabi Innovation?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Waabi Innovation's stage. Their profiles are linked below.

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