Overview
- The $16 billion financing was led by Dragoneer, DST Global and Sequoia, with Alphabet participating and retaining control of Waymo.
- Waymo said the round values the company at about $126 billion, though some earlier reports placed the figure closer to $110 billion.
- The company plans to scale its driverless ride-hailing to over 20 new cities in 2026, naming London and Tokyo, and to add several new markets this year.
- Waymo reports weekly ride volume of roughly 400,000 across six U.S. metro areas, totaling about 15 million trips in 2025 and surpassing 20 million cumulatively.
- U.S. safety agencies opened or expanded investigations into the service, including a new NHTSA probe after a recent low-speed incident near a school injured a child.