Company · Robotics
Wayve revenue, valuation & funding
Wayve was valued at $8.6B after its $1.2B Series D in February 2026, and a June 2026 employee tender offer priced it at $8.5B. It's a private London company with no ticker. It hasn't announced plans to go public, and no revenue figure has been reported.
At a glance
- Valuation: $8.6B post-money after its $1.2B Series D, in February 2026. An employee tender offer in June 2026 was at $8.5B, as reported.
- Revenue: no revenue or run-rate figure has been published or reported.
- Status: private. No stock ticker. No IPO plan announced.
- Founded: 21 August 2017, by Amar Shah and Alex Kendall, then PhD students at the University of Cambridge.
- CEO: Alex Kendall, CEO since 2020.
- Headquarters: York Way, London, United Kingdom.
- Investors: Eclipse, Balderton, SoftBank, Microsoft, NVIDIA, Uber, Mercedes-Benz, Nissan and Stellantis, among others.
- Products: the Wayve AI Driver, driving software licensed to automakers and used in Uber robotaxis.
Is Wayve public? Can you buy its stock?
No. Wayve is a private company, so its shares don't trade on any stock exchange and it has no ticker symbol (Wikipedia).
Wayve has announced no plan to go public, and no IPO filing has been made.
In June 2026 it launched an $85M tender offer for employees at an $8.5B valuation, TechCrunch reported.
Its shares are held privately by staff and investors, among them SoftBank, Microsoft, NVIDIA and Uber. This page reports facts and gives no investment advice.
Valuation, round by round
Its February 2026 Series D set an $8.6B post-money valuation, and a June 2026 employee tender offer was at $8.5B, close to the same level.
| Date | Valued at | Raised | Led by | Source |
|---|---|---|---|---|
| Apr 2026 | — | $60M | — | Wayve's blog |
| Feb 2026 | $8.6B | $1.2B | Eclipse, Balderton and SoftBank Vision Fund 2 | Wayve |
| May 2024 | — | $1.05B | SoftBank Group | Wayve's blog |
No valuation was confirmed for the May 2024 Series C or earlier rounds. Wayve said Uber added milestone-based capital within a broader $1.5B secured alongside the Series D.
How Wayve makes money
Wayve licenses its AI Driver directly to automakers. It gives them tools to customize driving models for specific vehicles and brands (Wayve).
It also supplies the AI Driver for robotaxis run by Uber. No pricing or revenue figure has been published.
- Mercedes-Benz. In September 2026 the two signed a definitive production agreement to put the AI Driver in future Mercedes-Benz vehicles, starting within two years. Wayve
- Robotaxis with Uber. Wayve supplies the AI Driver for L4-capable vehicles from participating automakers, and Uber owns and operates the fleet. Uber plans to scale to more than 10 markets. Wayve
- Stellantis. A May 2026 partnership puts the AI Driver into the STLA AutoDrive platform. The first vehicle integration is planned in North America in 2028. Wayve
- Nissan. Nissan said in April 2025 that its next-generation ProPILOT, with Wayve AI Driver software, would launch from fiscal year 2027. Wayve
Products
- Wayve AI Driver. Its core product. Mapless, vehicle-agnostic driving software for all levels of driving automation. Wayve
- Wayve Labs. Its research unit, led by Chief Scientist Jamie Shotton. Wayve
- GAIA, a Wayve Labs project. It's a generative AI world model that makes driving videos from text. LINGO and WayveScenes101 are the unit's other projects. Wayve
Users and usage
Wayve and Uber launched supervised autonomous rides in London on 3 September 2026 (Wayve). They were the first autonomous trips offered in the United Kingdom.
The cars are Ford Mustang Mach-E models with a trained driver onboard. At launch, more than 140,000 Londoners had opted in to be matched with a Wayve ride on Uber.
- Tokyo. In March 2026 Nissan, Uber and Wayve agreed to work on robotaxis. They plan a Tokyo pilot by late 2026, with Nissan Leaf cars running Wayve's technology on Uber. Reuters (via Yahoo Finance)
- France. In October 2026 Wayve, NVIDIA, Stellantis and the French Government announced a collaboration on autonomous vehicle deployment in France. Wayve
Leadership
- Alex Kendall, co-founder and CEO. He was CTO before he became CEO in 2020. Wikipedia
- Erez Dagan, President. He oversees product, business and strategy, and spent 20 years at Mobileye before joining. Wayve
- Elisa de Martel, Chief Financial Officer. She was previously CFO at Waymo. Wayve
- Jamie Shotton, Chief Scientist. He leads Wayve Labs. Wayve
- Silvius Rus, senior vice president of engineering. Wayve
- Kaity Fischer, vice president of commercial and operations. She leads partnerships strategy and business development. Wayve
- Emma Baillie, Chief People Officer. Wayve
- Amar Shah, co-founder. He left Wayve in 2020. Wikipedia
Who owns Wayve?
Its staff and investors. As a private company it doesn't publish who holds what, and no stake has been disclosed.
- Eclipse, Balderton and SoftBank Vision Fund 2 led the $1.2B Series D in February 2026. Transport + Energy
- Microsoft, NVIDIA and Uber joined the Series D alongside the automakers Mercedes-Benz, Nissan and Stellantis. Transport + Energy
- Ontario Teachers' Pension Plan, Baillie Gifford, British Business Bank, Icehouse Ventures and Schroders Capital were new investors in the Series D. Transport + Energy
- AMD, Arm and Qualcomm Ventures invested $60M in April 2026, extending the Series D. Wayve's blog
- SoftBank Group led the $1.05B Series C in May 2024, with NVIDIA as a new investor and Microsoft as an existing one. Wayve's blog
Timeline and latest news
From its founding to the latest reports, newest first.
- Oct 23, 2026Latest
Wayve, NVIDIA, Stellantis and the French Government announced work on autonomous vehicles in France. Wayve - Sep 22, 2026Latest
Signed a production agreement to put the AI Driver in future Mercedes-Benz vehicles. Wayve - Sep 3, 2026Latest
Launched supervised autonomous rides in London with Uber, a first for the UK. Wayve - Aug 5, 2026
Transport for London granted Wayve and Uber Private Hire Vehicle licences for robotaxis. CleanTechnica - Jun 30, 2026
Launched an $85M employee tender offer at an $8.5B valuation, TechCrunch reported. TechCrunch - May 21, 2026
Announced a partnership to bring the AI Driver to Stellantis's STLA AutoDrive platform. Wayve - Apr 15, 2026
AMD, Arm and Qualcomm Ventures invested $60M, extending the Series D. Wayve's blog - Mar 12, 2026
Nissan, Uber and Wayve agreed to work on robotaxis, with a Tokyo pilot planned. Reuters (via Yahoo Finance) - Feb 25, 2026
Raised $1.2B in a Series D at an $8.6B post-money valuation. Wayve - Apr 10, 2025
Nissan said its next ProPILOT, with Wayve software, would launch from fiscal year 2027. Wayve - May 7, 2024
Raised $1.05B in a Series C led by SoftBank Group. Wayve's blog - Aug 21, 2017
Founded by Amar Shah and Alex Kendall, PhD students at the University of Cambridge. Wikipedia
Legal matters
Transport for London granted Wayve and Uber Private Hire Vehicle licences for London robotaxis in August 2026 (CleanTechnica). A trained safety driver must stay onboard for now.
Questions people ask
Is Wayve a public company? Can I buy Wayve stock?
No. Wayve is private and has no ticker, so its shares aren't sold on any exchange (Wikipedia).
When will Wayve IPO?
Wayve hasn't announced an IPO date and hasn't filed to go public.
Who owns Wayve?
Its staff and investors, including Eclipse, Balderton, SoftBank, Microsoft, NVIDIA, Uber, Mercedes-Benz, Nissan and Stellantis. Stakes haven't been disclosed.
Who is the CEO of Wayve?
Alex Kendall, who co-founded Wayve in 2017 and became CEO in 2020.
Who founded Wayve?
Amar Shah and Alex Kendall, then PhD students at the University of Cambridge, on 21 August 2017.
How much is Wayve worth?
$8.6B post-money after its $1.2B Series D in February 2026, per Wayve. A June 2026 employee tender offer was at $8.5B, TechCrunch reported.
How much revenue does Wayve make?
Wayve doesn't publish results, and no revenue figure has been reported.
How does Wayve make money?
It licenses its AI Driver to automakers such as Mercedes-Benz, Nissan and Stellantis (Wayve). It also supplies the AI Driver for robotaxis that Uber owns and operates.
How many people use Wayve?
More than 140,000 Londoners had opted in to Wayve rides on Uber at the September 2026 launch (Wayve).
Where is Wayve headquartered?
London, United Kingdom, on York Way (Wayve).
People on Real Alpha
- Alex Kendall, Co-founder & CEO, Wayve
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How this page is sourced
Each figure links to the filing, company statement or news report it came from, with its date. Run rates are what reporters were told, not audited results; estimates and unconfirmed reports are marked. Quotes are what each person said on the record, with the minute they said it. Spotted something that's off? .
Last checked Nov 7, 2026