Wayve Valuation, Funding & Investors

Zipline is a Half Moon Bay-headquartered drone delivery company that manufactures and operates fixed-wing drones for transporting medical supplies such as blood and vaccines. It runs autonomous logistics networks in Rwanda, Ghana, Nigeria, and the United States, completing over 1 million deliveries since 2016. Zipline's Platform 2 drones achieve speeds up to 100 mph with parachute drops for precise landings. The company partners with health organizations like WHO and holds FAA approvals for beyond-visual-line-of-sight operations, expanding to Japan in 2023.

Founded in 2015, XPeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China’s passenger vehicle market. The company sold over 190,000 EVs in 2024, accounting for about 2% of China’s passenger new energy vehicle market. It is also a leader in autonomous driving technology.

Argo AI was a Pittsburgh-headquartered developer of autonomous vehicle technology, operating engineering centers in Detroit, Cranbury, Los Angeles, Palo Alto, and Munich. Launched in 2016 by Ford and Volkswagen, it built the Argo Autonomy Platform for self-driving ridesharing and delivery until operations ceased in 2022 with technology transferred to Ford.

Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. The company's reportable operating segment are Mobileye and Moovit. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It derives maximum revenue from Mobileye Segment.

Aurora Innovation Inc delivers self-driving technology safely, quickly, and broadly. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling trucks to ride-hailing passenger vehicles. It underpins Aurora Horizon and Aurora Connect, its driver-as-a-service products for trucking and ride-hailing. The Company is developing the Aurora Driver, a scalable suite of self-driving hardware, software, and data services designed as a platform to adapt and interoperate among vehicle types and applications.

Momenta Global Ltd is principally engaged in the development and provision of autonomous driving (AD) solutions in the People's Republic of China (the PRC) and provides services to corporate customers. It offers two solutions: the deployment of its solutions in mass-produced vehicles (Solutions forMass-produced Vehicles) and the development of a scalable, driverless AD mobility and logistics business (Solutions for Robotaxi Services). The company's majority of revenue is derived from the provision of technical development services to OEMs in the PRC.

Didi Woya is a Beijing-headquartered autonomous driving unit of Didi Chuxing focused on robotaxi development. The division deploys self-driving vehicles equipped with 360-degree sensors, machine learning, and IoT for ridesharing tests in China. Didi Woya advances commercialization of Level 4 autonomy for efficient urban transport.

Momenta is a Beijing-headquartered autonomous driving software company developing deep learning solutions for perception, high-definition semantic mapping, and path planning. The firm provides multi-level autonomy stacks and big data services, drawing on expertise from Faster R-CNN, ResNet developers, and ImageNet challenge winners.

Applied Intuition is a Mountain View-headquartered developer of simulation software, Vehicle OS, and self-driving toolchains for AI-driven autonomous vehicles. The company accelerates deployment across automotive, defense, trucking, construction, mining, and agriculture sectors. Major global automakers and Department of Defense programs rely on its platforms to validate sensor suites, perception stacks, and planning algorithms. Founded in 2017, Applied Intuition maintains offices in Washington, D.C., San Diego, Ann Arbor, London, Stuttgart, Munich, Stockholm, Bangalore, Seoul, and Tokyo to support international engineering teams.

Hong Jing Drive is a Hangzhou-based developer of Level 4 autonomous driving systems founded in 2018. Its full-stack platform integrates LiDAR, cameras, and radar sensors with computing hardware delivering 500 TOPS performance for robotaxis and trucking. Deployed in pilot fleets across Zhejiang province, it partners with Baidu Apollo for mapping and simulation testing.

Ondas Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. The company operates in two business segments namely Ondas Networks and Ondas Autonomous Systems. The company generates maximum revenue from Ondas Autonomous Systems through the sales of the Optimus system and separately priced support, maintenance, and ancillary services related to the sale of the Optimus system. Geographically, the company operates in Israel, Germany, United Arab Emirates, United States, and Other Countries. It derives maximum revenue from Israel.

Hozon is a Shanghai-based electric vehicle manufacturer operating the Neta brand. It produces models like Neta V, U, and S series SUVs and sedans with autonomous driving features, LFP batteries, and OTA updates. The company sells through dealerships in China and exports to Southeast Asia and Latin America.

SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. The company operates its business through two segments: the Vehicle and Parts Segment and the Financial Services Segment. The Vehicle and Parts segment focuses on the manufacturing and sale of automobiles and components. The Financial Services segment is engaged in offering various financial solutions. It generates the majority of its revenue from the Vehicle and Parts Segment.

Waabi is a Toronto-based autonomous vehicle company founded in 2021 by AI researcher Raquel Urtasun. It develops generative AI and a neural simulator for self-driving technology, initially focused on autonomous trucking and now expanding into robotaxis. Waabi partners with Uber Freight and Volvo on driverless truck deployment and is working toward Level 4 driverless operations.

Cowarobot engineers autonomous delivery robots and self-driving solutions for urban mobility from its headquarters in Hangzhou, China. Established in 2016, the firm deploys wheeled robots for last-mile logistics in airports, campuses, and hotels, partnering with Alibaba and Dubai Airports for trials. Its products handle payloads up to 100 kilograms over 50 kilometers per charge, incorporating AI for obstacle avoidance and multi-robot fleet management.

Pony AI Inc is an artificial intelligence technology company that is principally engaged in the operation and development of autonomous vehicles. It operates fully driverless robotaxis through the PonyPilot mobile app in Beijing, Shanghai, Guangzhou, and Shenzhen. The company operates a fleet of robotaxis. The Group conducts its operations mainly in the People’s Republic of China (PRC) and the United States of America (U.S.) through subsidiaries. Key revenue is generated from the People’s Republic of China.

Avride is a Moscow-headquartered developer of autonomous driving technology for ride-hailing and last-mile delivery. It equips self-driving vehicles with proprietary lidars, cameras, and radars to handle urban streets and rural roads in Russia and Central Asia. The company deploys four-wheeled sidewalk robots for package delivery, featuring sensors for obstacle avoidance and crosswalk navigation. Avride integrates its systems into Yandex platforms, enabling autonomous operations in Moscow, Kazan, and Tashkent since its 2022 spin-off from Yandex.

Hesai Group is engaged in the development, manufacture, and sales of three-dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with enhanced advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. Geographically, the company operates in North America, Mainland China, Europe, and Other regions.