Waymo raises $2.25 billion

Waymo raises $2.25 billion

Waymo, the self-driving unit of Alphabet, said on Monday it had raised $2.25 billion in its first external investment round. In addition to the parent company, initial investors include auto parts supplier Magna International; dealership chain AutoNation; the Canada Pension Plan Investment Board, and three large investment firms: Silver Lake, Andreessen Horowitz and Mubadala Investment.

KCooper
KCooper
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