Waymo completes a $16bn financing round, valued at $126bn post-money. Dragoneer, DST Global, and Sequoia lead investment. Alphabet remains largest shareholder with Andreessen Horowitz and Mubadala Capital also participating. Plans to expand ride-hailing to 20+ cities in 2026, including Tokyo and London. Focus on global scale and safety standards.

Safety data shows 90% reduction in serious injury crashes compared to human driving. Reported strong growth in 2025 with 15 million rides and over 20 million lifetime journeys. Provides 400,000 rides weekly in six major US metropolitan areas. Sequoia partner praises Waymo’s operational excellence and customer satisfaction.

Previous capital raise in 2024 valued Waymo at over $45bn. Funding comes amid growing competition in driverless ride-hailing market. Tesla preparing to launch service in Austin without safety drivers. Amazon’s Zoox rolls out custom-built robotaxis in Las Vegas and tests vehicles near San Francisco.

Read more at Yahoo Finance: Alphabet’s Waymo secures $16bn funding at $126bn valuation