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Robot Trucker Waabi Wades Into Robotaxi Battle With Billion Dollar Raise

  • On Jan. 28, 2026, Waabi Innovation Inc., a Toronto-based autonomous driving startup, said it secured US$1 billion in new funding.
  • To expand beyond trucking, Waabi will use $1 billion to commercialize autonomous long-haul trucking and deploy robotaxis with Waabi Driver, Raquel Urtasun said.
  • An oversubscribed US$750 million Series C was led by Khosla Ventures and G2 Venture Partners, including roughly $250 million from Uber and strategic investors NVentures, Volvo Group Venture Capital, and Porsche Automobil Holding SE.
  • Uber will host Waabi robotaxis on its ride‑hailing platform, while Waabi declined to disclose the rollout timeline or location despite Uber holding a board seat since Series A.
  • The deal aims to deploy at least 25,000 Waabi Driver-powered robotaxis, heightening competition with Waymo amid ongoing NTSB safety scrutiny this month.
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Intelligence360 News broke the news in on Wednesday, January 28, 2026.
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