Wayve, the London-based autonomous driving software company, has closed a $60 million extension to its Series D round with investments from Advanced Micro Devices (AMD), Arm, and Qualcomm Ventures. The deal adds three major semiconductor companies to a strategic investor roster that already includes NVIDIA, Microsoft, Mercedes-Benz, Nissan, Stellantis, and Uber, and brings Wayve’s total Series D funding to approximately $1.26 billion.
Highlights
- AMD, Arm, and Qualcomm Ventures contribute $60 million to extend Wayve’s $1.2 billion Series D, broadening the company’s silicon partner base across the automotive compute stack.
- The investment supports integration of Wayve’s AI Driver across multiple chip architectures, reducing deployment friction for automakers and fleet operators.
- Wayve’s end-to-end neural network operates without high-definition maps and is designed to run on any OEM’s existing compute hardware.
- The funding reinforces existing collaborations, including a pre-integrated AI Driver solution on Qualcomm’s Snapdragon Ride platform and a Nissan robotaxi prototype built on NVIDIA DRIVE Hyperion.
Silicon Breadth as a Deployment Strategy
The investment is strategically significant beyond its dollar figure. Wayve’s AI Driver is designed to be hardware-agnostic, running across different automotive compute platforms without requiring sensor-specific or chip-specific builds. By bringing AMD, Arm, and Qualcomm into its investor base alongside existing backer NVIDIA, Wayve now counts partners spanning the full automotive compute stack — from platforms already deployed in production vehicles to those powering next-generation autonomous systems.
This breadth matters for automakers evaluating AI-driven ADAS and automated driving solutions. Cross-platform compatibility reduces integration complexity and shortens time to market, a critical consideration as the industry moves toward large-scale deployment of AI-powered driving systems.
“For embodied AI to scale, automakers need design choice and supply chain flexibility,” said Alex Kendall, co-founder and CEO of Wayve. “Expanding our relationships with leading silicon companies helps bring that into production at a global scale.”
Expanding OEM Partnerships and Go-to-Market
The new capital will fund engineering integration across automotive compute platforms and continued deployment of Wayve’s AI Driver in production ADAS and automated driving systems. The company’s technology supports a spectrum from L2+ “hands off” assisted driving to L3/L4 “eyes off” fully automated operation.
Quinn Li, Senior Vice President at Qualcomm Technologies and Global Head of Qualcomm Ventures, said: “AI is becoming central to the driving experience and bringing it into vehicles requires close alignment between software and automotive platforms. Our collaboration with Wayve reflects a shared commitment to helping automakers bring AI Driver into production at scale, supporting diverse vehicle programs and long-term roadmaps on platforms like Snapdragon Ride.”
Wayve has already secured automaker commitments. Nissan plans to integrate the AI Driver into its ADAS starting in 2027, and Mercedes-Benz and Stellantis have announced plans to use the technology in future models. Uber has committed a separate $300 million milestone-based investment tied to deploying Wayve-powered robotaxis in London.
Series D Context
The original $1.2 billion Series D, announced in February 2026, was led by Eclipse, Balderton, and SoftBank Vision Fund 2, with participation from Ontario Teachers’ Pension Plan, Baillie Gifford, British Business Bank, and other institutional investors. The round valued Wayve at $8.6 billion post-money. Including the $60 million extension and Uber’s conditional commitment, the total Series D package could reach approximately $1.56 billion.
Wayve’s end-to-end embodied AI approach uses a single neural network that learns from driving data rather than relying on hand-coded rules or HD maps. The company has demonstrated zero-shot driving across more than 500 cities in Europe, North America, and Japan.
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