• Guest Post   |
  • Submit App Review   |
  • Submit PR   |
  • Advertise   |
  • Contact Us
  • Login
No Result
View All Result
Get Featured on Appedus
Mobile App Development | Design | Marketing Magazine: Appedus
Subscribe
  • Home
  • App Development
  • App Marketing
    • All
    • App Onboarding
    • App Store Optimisation
    • App User Engagement
    • Push Notifications
    increase-your-app installs organically

    5 Best Tips to Increase App Installs Organically.

    15 best apps-for-users

    know 15 Best Apps with Awesome User Onboarding Experiences

    How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

    How to Create a Mobile App Marketing Strategy That Works

    How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

    How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

    • App Store Optimisation
    • App User Engagement
    • App Push Notifications
    • App Onboarding
    • App Analytics
  • App Design
  • App Reviews
    • All
    • Books & Reference
    • Business
    • Dating
    • Education
    • Finance
    • Fitness
    • Food & Drink
    • Health
    • iOS apps
    • Lifestyle
    • Medical
    • Mobile Games
    • Photography
    • Productivity
    • Shopping
    • Social
    • Travel
    • Utilities
    • Video Editing
    Apples-Revolutionary-Sports App

    The Future of Sports Information: Apple’s Revolutionary Sports App

    A-Comprehensive-Review-of-AllTrails

    Exploring the Best Hiking App: A Comprehensive Review of AllTrails

    Blackhole Splitter-Video-Editing-for-Social-Media

    Blackhole Splitter: Revolutionary Video Editing for Social Media Domination

    mastodon-for-IOS

    Mastodon for iOS: Revolutionary Your Social Networking Experience

    Android-15-Developer-Preview

    Android 15 Developer Preview 1 has arrived, but its availability is not universal.

    The-Dynamics-of-Alphabets-CapitalG

    The Dynamics of Alphabet’s CapitalG: A Glimpse into the $7 Billion Growth Stage Investing Powerhouse

    Introducing-Clubhouse's-Text-to-Voice-Feature

    Introducing Clubhouse’s Text-to-Voice Feature: The Future of Social Audio

    RBI-Deadline-Extension-to-March-15-on-Paytm Payments Bank

    RBI’s Deadline Extension to March 15 on Paytm Payments Bank

    Improve-Your-FireStick-Experience-Unleashing-the-Power-of-Top-Tier-Apps-appedus

    Unleashing the FireStick Magic: The Ultimate Guide to 100+ Exquisite Apps for Movies, TV, and Live Sports

    Trending Tags

    • Travel
    • fitness
    • Video Editing app
    • Utilities
    • Lifestyle
    • Medical
    • Photography
    • Productivity
    • Shopping
    • Social
    • Travel
  • App Events
  • Exclusive
  • Home
  • App Development
  • App Marketing
    • All
    • App Onboarding
    • App Store Optimisation
    • App User Engagement
    • Push Notifications
    increase-your-app installs organically

    5 Best Tips to Increase App Installs Organically.

    15 best apps-for-users

    know 15 Best Apps with Awesome User Onboarding Experiences

    How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

    How to Create a Mobile App Marketing Strategy That Works

    How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

    How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

    • App Store Optimisation
    • App User Engagement
    • App Push Notifications
    • App Onboarding
    • App Analytics
  • App Design
  • App Reviews
    • All
    • Books & Reference
    • Business
    • Dating
    • Education
    • Finance
    • Fitness
    • Food & Drink
    • Health
    • iOS apps
    • Lifestyle
    • Medical
    • Mobile Games
    • Photography
    • Productivity
    • Shopping
    • Social
    • Travel
    • Utilities
    • Video Editing
    Apples-Revolutionary-Sports App

    The Future of Sports Information: Apple’s Revolutionary Sports App

    A-Comprehensive-Review-of-AllTrails

    Exploring the Best Hiking App: A Comprehensive Review of AllTrails

    Blackhole Splitter-Video-Editing-for-Social-Media

    Blackhole Splitter: Revolutionary Video Editing for Social Media Domination

    mastodon-for-IOS

    Mastodon for iOS: Revolutionary Your Social Networking Experience

    Android-15-Developer-Preview

    Android 15 Developer Preview 1 has arrived, but its availability is not universal.

    The-Dynamics-of-Alphabets-CapitalG

    The Dynamics of Alphabet’s CapitalG: A Glimpse into the $7 Billion Growth Stage Investing Powerhouse

    Introducing-Clubhouse's-Text-to-Voice-Feature

    Introducing Clubhouse’s Text-to-Voice Feature: The Future of Social Audio

    RBI-Deadline-Extension-to-March-15-on-Paytm Payments Bank

    RBI’s Deadline Extension to March 15 on Paytm Payments Bank

    Improve-Your-FireStick-Experience-Unleashing-the-Power-of-Top-Tier-Apps-appedus

    Unleashing the FireStick Magic: The Ultimate Guide to 100+ Exquisite Apps for Movies, TV, and Live Sports

    Trending Tags

    • Travel
    • fitness
    • Video Editing app
    • Utilities
    • Lifestyle
    • Medical
    • Photography
    • Productivity
    • Shopping
    • Social
    • Travel
  • App Events
  • Exclusive
No Result
View All Result
Mobile App Development | Design | Marketing Magazine: Appedus
No Result
View All Result
Home Featured

Alphabet’s self-driving car company Waymo raises $2.5 billion

Waymo has become the latest autonomous driving startup to take a spin in silicon valley’s money booth.

by Editorial Team
in Featured, Funding, News-Curated
Reading Time: 4 mins read
1
Waymo
Share on FacebookShare on Twitter

Table of Contents

Toggle
  • Waymo has become the latest autonomous driving startup

Waymo is an autonomous rideshare startup. It has announced an additional $2.5 billion investment round of funding. It was launched in 2009 by Google’s parent company Alphabet, Inc., as a self-driving car project. In 2016, the Google project was officially renamed Waymo, derived from “a new way forward in mobility.” Since then, it has tested its various self-driving vehicles in several states. Furthermore, it has been charging driverless rides for people in Chandler, Arizona, since 2019, apart from a slight halt during the COVID-19 pandemic.

Most recently, it has been gearing up for paid rides in San Francisco, pending permit approval from both the California DMV, as well as the California Public Utilities Commission (CPUC). In its application, it has logged over 83,000 autonomous miles in the San Francisco area, although its total autonomous miles logged are much higher. 

With the funding announcement, it appears positioned to begin charging for rides (and actually gather some income) pending the application approvals in California. Waymo has become the latest autonomous driving startup to take a spin in silicon valley’s money booth, with a fresh round of funding totaling $2.5 billion. As reported by Reuters, the investment was led by Alphabet, in addition to other existing shareholders, and sits as the second round outside funding for the firm. This latest influx of cash will give it nearly $6 billion in capital for its war chest, just a day after its rival Cruise announced a $5 billion dollar line of credit from GM.

Waymo self driving car Waymo has seen delays due to the COVID-19 pandemic and permits, but overall, the biggest hurdle is achieving safe and dependable full-self driving in its vehicles. This latest funding shows that investors still have confidence in the potential of autonomous rideshares, but genuine profitability remains miles down the road for companies like Waymo. With the support of a conglomerate like Alphabet, however, Waymo can continue to improve its autonomous technology while it works through the red tape in California and beyond.

According to investor website PitchBook, the company is valued at just over $30 billion, though that figure does not include this most recent funding round. For years, the company has relied almost exclusively on the largesse of its corporate parent, Alphabet. Then, in March 2020, it announced its first external funding round of $2.5 billion, a figure that grew to $3.2 billion a few months later with the addition of some investors.

The same groups that participated in Waymo’s first external investment are back for this second round, including Waymo’s parent company Alphabet, Andreessen Horowitz, AutoNation, Canada Pension Plan Investment Board, Mubadala Investment Company, Perry Creek Capital, Fidelity Management and Research Company, Magna International, Silver Lake, Temasek, and funds and accounts advised by T. Rowe Price Associates. The one new participant was Tiger Global.

Waymo has become the latest autonomous driving startup

Waymo says the money will help further its mission to bring its autonomous ride-hailing service to more markets. Currently, the company’s robotaxis are only available to the public in Arizona in an approximately 100-square-mile service area that includes the towns Chandler, Gilbert, Mesa, and Tempe. Waymo also allows riders to take trips in its fully driverless vehicles without a safety driver in the front seat — the service area for those vehicles is only about 50 square miles.

Waymo car

The news follows a string of departures from the company, most notably CEO John Krafcik, who oversaw the transformation of Google’s self-driving car division from “Project Chauffeur” to its own standalone company in 2016. He was replaced by Tekedra Mawakana, Waymo’s chief operating officer, and Dmitri Dolgov, the company’s chief technology officer, who is now serving as co-CEOs of the company.

“Experience has taught us so much, and we agree with those experts who say there’s no greater challenge in artificial intelligence than building and deploying fully autonomous technology at scale,” Dolgov and Mawakana said in a statement. “But we love a challenge and – thanks to the unmatched talent of our team – the Waymo Driver is already serving thousands of Waymo One riders as they get to work, shop for groceries, bring their kids to school, or just experience the joy of a ride with no human behind the wheel.”

Unlike many of its competitors, Waymo is simultaneously developing its system for multiple applications, including robo-taxis, autonomous long-haul semis and urban delivery vehicles, and even personal autonomous vehicles. Dolgov, the company’s long-time CTO and a member of the original Google Self-Driving Car team in 2009, bristles at any suggestion from rivals that it’s losing its lead in the space. Waymo plans to use the additional funding, led by parent company Alphabet Inc., to hire more staff and advance its self-driving technology toward more paid rides.

mm

Editorial Team

We at Appedus are a group of digital nomads aggregating, writing, and publishing the best of the tech news in the mobile app ecosystem. Our constant endeavor is to get the most actionable news for you to use.

Next Post
Koo app review

Koo app review: A powerful microblogging site

Weekly Newsletter

Top Apps This Week

Apples-Revolutionary-Sports App
Apple

The Future of Sports Information: Apple’s Revolutionary Sports App

by Editorial

In the dynamic and ever-evolving landscape of sports entertainment, Apple...

Read moreDetails
A-Comprehensive-Review-of-AllTrails

Exploring the Best Hiking App: A Comprehensive Review of AllTrails

Blackhole Splitter-Video-Editing-for-Social-Media

Blackhole Splitter: Revolutionary Video Editing for Social Media Domination

Load More

About Us

mobile app technology magazine

Appedus is a mobile app ecosystem focused news publishing platform which covers various topics like app design, app development, app marketing and other relevant news, views or opinions. We also publish industry insights, e-books, developer interviews and e-magazines. You can get in touch with us on hola@appedus.com or you can snail mail us at

Medianiti Ltd. Brooklands Business Park, Wellington Way, Weybridge KT13 0TT, United Kingdom

Latest Articles & News

Startup Mahakumbh 2025: A Global Stage for Innovation and Investment

Startup Mahakumbh 2025: A Global Stage for Innovation and Investment

Important Links

  • Guest Post
  • Submit App Review
  • Submit PR
  • Mobile App Marketing
  • Mobile App Reviews | Top Android & iOS app reviews
  • Top Apps
  • Curated News
  • Advertise
  • Contact Us

Subscribe

  • Guest Post
  • Submit App Review
  • Submit PR
  • Mobile App Marketing
  • Mobile App Reviews | Top Android & iOS app reviews
  • Top Apps
  • Curated News
  • Advertise
  • Contact Us

© 2025 Appedus - Appedus All Right Reserved

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

jeetwin

nagad88

jaya9

joya 9

khela88

babu88

babu888

mostplay

marvelbet

baji999

abbabet

kuwin

iplwin

my 11 circle

betway

jeetbuzz

satta king 786

betvisa

winbuzz

dafabet

rummy nabob 777

rummy deity

yono rummy

shbet

kubet

dafabet

mostbet

paripesa

khelo24bet

my11circle

iplwin

rummy mars

rummy most

rummy deity

rummy tour

indibet login

10cric login

bc game download

dream11 download

1win login

fun88 login

iplt20 official

icc cricket world cup

rs7 sports

rummy app

login iplwin

betvisa download

betvisa download

crickex download

crickex download

iplwin app

dafabet login

rummy

rummy

dafabet

dafabet

4rabet login

crazy time game

crazy time game

Rummy Satta

Rummy Joy

Rummy Mate

Rummy Modern

Rummy Ola

Rummy East

Holy Rummy

Rummy Deity

Rummy Tour

Rummy Wealth

yono rummy

Baji999 লাইভ

Marvelbet Login

krikya Casino

bet visa

91 club download

daman game app

jeetbuzz login

iplwin login

yono rummy apk

rummy deity apk

all rummy app

betvisa login

lotus365 login

mostplay app

4rabet app

leonbet app

pin up casino

mostbet app

Rummy Apk

Fastwin Apk

Betvisa app

Babu88 app

No Result
View All Result
  • Home
  • App Development
  • App Marketing
    • App Store Optimisation
    • App User Engagement
    • Push Notifications
    • App Onboarding
    • App Analytics
  • App Design
  • App Reviews
    • Utilities
    • Lifestyle
    • Medical
    • Photography
    • Productivity
    • Shopping
    • Social
    • Travel
  • App Events
  • Exclusive
  • Get Featured on Appedus

© 2025 Appedus - Appedus All Right Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version