Nvidia, Uber, Porsche Invest In Toronto-Based Autonomous Trucking Startup, Waabi's $200 Million Funding Round

Posted: Jun 20, 2024

- Toronto-based autonomous trucking company Waabi raised $200 million in Series B funding, led by Uber, Khosla Ventures, Nvidia, Porsche, and Volvo Group Venture Capital. - Funding will support Waabi's goal to launch fully driverless trucks in 2025. - Waabi is developing autonomous trucking using generative AI, partnering with Nvidia, and focusing on efficient reasoning to reduce data and computation needs. - Waabi has a closed-loop simulator, Waabi World, that trains the Waabi Driver software and enables real-time reactions without human intervention. - Waabi aims to go beyond fully driverless trucks and expand into other areas like robotaxis and warehouse robotics.





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