Latest News About Waabi Innovation Inc.

Here’s the latest on Waabi Innovation Inc. based on recent public reports:

• Waabi secured about US$1 billion in new funding in early 2026, comprising a US$750 million oversubscribed Series C and a milestone-based investment from Uber to support a robotaxi deployment. The round was led by Khosla Ventures and G2 Venture Partners, with additional participation from Uber and other investors. This positions Waabi to accelerate commercialization in autonomous trucking and expand into robotaxis.[2][4][5]

• The Uber partnership aims to deploy Waabi Driver-powered robotaxis exclusively on the Uber platform, with a target of launching tens of thousands of robotaxi vehicles over time. Bloomberg and TT News report indicate an aim for at least 25,000 Waabi Driver robotaxis, reflecting a significant scale-up from trucking into urban mobility.[3][4]

• Waabi’s leadership, including CEO Raquel Urtasun, frames this as a major step in Waabi’s “Physical AI” platform, expanding from highway trucking to city streets and ridesharing contexts, leveraging Uber’s network for early fleet deployment.[4][2]

• Coverage from multiple outlets notes this as the largest fundraise in Canadian history and highlights continued collaboration with Volvo on trucking initiatives alongside the robotaxi push, though timelines for commercial autonomous trucking tests have shifted as Waabi focuses on a redundant hardware base and real-world deployment readiness.[3][4]

• Independent industry and tech outlets corroborate the expansion into robotaxis and the Uber-exclusive deployment arrangement, underscoring Waabi’s transition from pure trucking to multi-modal autonomous mobility.[7][8]

If you’d like, I can pull the primary sources and summarize key terms (investor names, amounts, timelines, and deployment targets) in a side-by-side comparison, or assemble a timeline of Waabi’s funding and expansion milestones.