Tech Company Financing Transactions
Waabi Funding Round
Waabi, operating out of Toronto, Ontario, secured investment capital from Volvo Group Venture Capital.
Transaction Overview
Company Name
Announced On
1/18/2023
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Volvo Group Venture Capital (Lead Investor)
Proceeds Purpose
Waabi was founded in 2021 and already the company claims to have the most advanced simulator in the industry and a truck that looks like a next-generation truck for most other companies operating today.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
476 Markham Street
Toronto, Ontario, M6G 2L3
CA
Toronto, Ontario, M6G 2L3
CA
Phone
Undisclosed
Website
Email Address
Overview
Waabi, founded by AI pioneer and visionary Raquel Urtasun, is an AI company building the next generation of self-driving technology. With a world class team and an innovative approach that unleashes the power of AI to "drive" safely in the real world, Waabi is bringing the promise of self-driving closer to commercialization than ever before. Waabi is backed by best-in-class investors across the technology, logistics and the Canadian innovation ecosystem, including Khosla Ventures, Uber, 8VC, Radical Ventures, OMERS Ventures and BDC Capital's Women in Technology Venture Fund.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raquel Urtasun
Co-Founder
Vivian Sun
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