Wayve Secures $60M Extension from AMD, Arm & Qualcomm to Accelerate…

Team S · 2026-04-20T13:59:02.000Z

UK-based autonomous driving startup Wayve has secured a $60 million extension to its Series D funding round, with strategic backing from AMD Ventures, Arm, and Qualcomm Ventures. The new capital is aimed at accelerating deployment of AI-powered driving systems across next-generation vehicles. The latest investment extends Wayve’s landmark $1.2 billion Series D round announced earlier this year, which included support from major global backers such as SoftBank, Nvidia, Microsoft, and automotive industry leaders. With this extension, Wayve further strengthens its position as one of Europe’s most valuable AI mobility companies. Founded in London, Wayve develops embodied AI software for autonomous driving. Unlike rule-based self-driving systems, the company uses end-to-end machine learning models trained on real-world driving data, enabling vehicles to adapt dynamically to roads, traffic behavior, and unpredictable urban environments. The participation of AMD, Arm, and Qualcomm is strategically significant, as all three companies are major players in automotive-grade semiconductors and edge AI computing. Their backing suggests increasing alignment between AI software platforms and the chipmakers building the compute infrastructure that powers autonomous vehicles. Wayve has recently expanded commercial partnerships, including announced collaborations with Uber and Nissan to explore AI-enabled robotaxi and mobility solutions. A pilot deployment in Tokyo is reportedly expected later this year, signaling progress from R&D to real-world commercialization. The fresh capital is expected to support product scaling, automotive OEM integrations, and deployment of Wayve’s “AI Driver” technology across passenger vehicles, fleets, and future autonomous mobility services. As global automakers race to embed advanced driver assistance and autonomous capabilities into vehicles, Wayve is emerging as a key software contender combining frontier AI research with commercial automotive execution.

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Wayve Secures $60M Extension from AMD, Arm & Qualcomm to Accelerate… | Newnex