# Wayve Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wayve-technologies

- Industry: Software
- Headquarters: London, UK
- Website: www.wayve.ai/
- Total disclosed funding: $2.9B
- Latest round: Series D (Apr 3, 2026)
- Investors on record: 25

## About

Based in England, UK, founded in 2017, Wayve Technologies Ltd., develop innovative autonomous vehicle technology. The company was co-founded by Alex Kendall (CEO as of 2026) and Amar Shah. In April 2026, Wayve Technologies Ltd. raised USD 60 million in series D funding from AMD Ventures, Arm Limited, and Qualcomm Ventures. The round was part of a larger USD 1.26 billion series D funding.

Wayve is developing next-generation autonomous driving technology through its flagship product, the Wayve AI Driver. This advanced AI software employs an end-to-end training method to enable vehicles to learn and adapt to complex environments safely. Wayve's technology, designed for scalability and compatibility with various vehicle types, is being tested in major cities across the USA, Europe, and Asia, targeting clients from automakers to logistics firms for high-level driving automation.

Wayve operates on a B2B revenue model, collaborating with automotive manufacturers and fleet operators to integrate its AI Driver technology. Clients typically engage in long-term partnerships involving payments for software deployment and updates, with possible subscription models or licensing fees for the proprietary software, along with additional costs for support and training services.

The company plans to use the April 2026 funding for deployment, expansion, and production integration of autonomous driving software.

## Funding rounds

- Series D, Apr 3, 2026, $60M — Qualcomm Ventures, AMD Ventures, Arm Limited
- Series D, Feb 25, 2026, $1.5B — Schroders Capital, Ontario Teachers' Pension Plan, Microsoft, Balderton Capital, NVIDIA Corporation, Uber Technologies Inc., Mercedes-Benz AG, Eclipse Ventures, SB Investment Advisers, Icehouse Ventures, Baillie Gifford, Stellantis, Nissan Motor, British Business Bank
- Series C, May 6, 2024, $1.1B — Microsoft, NVIDIA Corporation, SB Investment Advisers
- Series B, Jan 7, 2022, $234M — Microsoft, Balderton Capital, Compound Ventures, Baillie Gifford, Eclipse Ventures, Linse Capital, D1 Capital Partners, Moore Strategic Ventures, Virgin
- Series A, Aug 1, 2020, $20M — Balderton Capital, Compound Ventures, Eclipse Ventures, Fly Ventures, Exor Seeds
- Series A, Jul 1, 2019, $22M — Balderton Capital, Compound Ventures, Eclipse Ventures, Fly Ventures, Firstminute Capital
- Seed, Sep 29, 2017, $2.1M — Compound Ventures, Fly Ventures, Firstminute Capital

## Investors

- Compound Ventures (https://capitalatlas.ai/funds/compound-ventures) — Seed, Series A, Series B
- Fly Ventures (https://capitalatlas.ai/funds/fly-ventures) — Seed, Series A
- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Seed, Series A
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A, Series B, Series D
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series A, Series B, Series D
- Exor Seeds — Series A
- Microsoft — Series B, Series C, Series D
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series B, Series D
- Linse Capital (https://capitalatlas.ai/funds/linse-capital) — Series B
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series B
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series B
- Virgin (https://capitalatlas.ai/funds/virgin) — Series B
- NVIDIA Corporation — Series C, Series D
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C, Series D
- Schroders Capital (https://capitalatlas.ai/funds/schroders-capital) — Series D
- Ontario Teachers' Pension Plan — Series D
- Uber Technologies Inc. — Series D
- Mercedes-Benz AG — Series D
- Icehouse Ventures (https://capitalatlas.ai/funds/icehouse-ventures) — Series D
- Stellantis — Series D
- Nissan Motor — Series D
- British Business Bank (https://capitalatlas.ai/funds/british-business-bank) — Series D
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series D
- AMD Ventures (https://capitalatlas.ai/funds/amd-ventures) — Series D
- Arm Limited — Series D