Waabi has raised $1 billion in a new funding round aimed at accelerating development and deployment of its autonomous driving technology. The investment will support expansion of Waabi’s self-driving truck operations and advance its longer-term robotaxi ambitions, positioning the company among the most highly capitalized players in autonomous mobility.
Waabi’s approach centers on an AI-first autonomy stack that relies heavily on simulation rather than large-scale real-world driving data. The company uses a closed-loop, generative simulation environment to train and validate its models, allowing rapid iteration across edge cases while reducing dependence on physical road testing. This strategy is designed to improve safety validation and shorten development cycles for commercial deployment.
The funding underscores renewed investor confidence in autonomy platforms focused on freight and structured routes. As trucking remains one of the most commercially viable entry points for autonomous vehicles, Waabi’s capital raise highlights how simulation-driven AI is becoming a core differentiator in scaling autonomous systems responsibly.