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Waabi
AI powered self-driving technology
- 101-200 employees
- B2B
- Travel
- Cars
- Augmented Reality
- SaaS
- Downtown Toronto, Toronto, ON
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Company mission
To bring commercially viable self-driving technology to society.
Our take
Autonomous vehicle technology is rapidly developing and many sectors are recognising its value. However, whilst the self-driving industry has made significant advancements there is much more that can be done. There are challenges in this space surrounding scale and developing commercially viable self-driving technology.
Waabi hopes to tackle these challenges and be the leader in self-driving technology with their "AI first approach". The company said that combined with a closed-loop simulator, this approach will allow both common driving scenarios and safety-critical edge cases to be tested at scale - solving one of the key issues in the industry.
Waabi successfully raised one of the largest Series A rounds ever raised in Canada, and has gone on to raise fresh Volvo and Uber-led funding in early 2024. While the company's focus is currently on autonomous long-haul trucking (launching its first generation of trucks in November 2022), the company is well set to lead the next generation of self-driving technology.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Equity awards
- Medical, Dental and Vision coverage (for full-time employees only)
- Unlimited Vacation
- Flexible hours and Work from Home support
- Regularly scheduled team building activities and social events both on-site, off-site & virtually
- Annual performance bonus
Funding (2 rounds)
Jun 2024
$200m
SERIES B
Jun 2021
$71.5m
SERIES A
Total funding: $271.5m
This company has top investors
Leadership
Raquel Urtasun
(CEO)Previously worked at Uber as Chief Scientist, Head of Uber ATG R&D. Is also a professor at the University of Toronto.
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