AMD, Arm, and Qualcomm invest $60M in Wayve, completing the silicon side of its autonomous driving stack
April 15, 2026 – 1:00 pm
The extension to Wayve’s $1.2B Series D gives the London startup coverage across virtually every compute architecture in automotive use today, from chips already in millions of vehicles to the platforms powering the next generation. Robotaxi pilots with Uber are planned for London and Tokyo.
Wayve, the London-based autonomous driving software company, has raised a further $60 million from AMD, Arm, and Qualcomm Ventures, extending its Series D round.
The investment brings Wayve’s total Series D to $1.2 billion and, combined with previous rounds, its total funding to approximately $1.5 billion at an $8.6 billion post-money valuation.
The three chip companies join a Series D investor base that already includes SoftBank Vision Fund 2, Eclipse, Balderton, Microsoft, NVIDIA, Uber, and automakers Mercedes-Benz, Nissan, and Stellantis.
The strategic significance of the new investors lies in coverage. AMD, Arm, and Qualcomm collectively span the automotive compute stack, from architectures already embedded in millions of production vehicles to those powering the next generation of autonomous systems.
Together with NVIDIA, which joined the Series D in February, Wayve now has investment relationships with the four companies whose silicon underlies essentially every compute platform an automaker might deploy.
For Wayve, whose core proposition is that its AI Driver runs across any vehicle and any hardware configuration without location-specific engineering, this hardware-agnostic investor base is a commercial signal as much as a financial one: it makes it easier for automakers to deploy Wayve without being tied to a specific compute vendor.
Wayve was founded in 2017 by Alex Kendall, who remains co-founder and CEO, and takes an end-to-end AI approach to autonomous driving, training a single foundation model on large-scale, globally diverse driving data rather than relying on hand-coded rules or high-definition maps.
The same model powers capabilities from L2+ “hands-off” ADAS through L3 “eyes-off” and L4 driverless applications, and the AI Driver runs entirely on onboard vehicle compute using native sensors.
In 2025, Wayve conducted its AI-500 Roadshow, testing the AI Driver zero-shot, meaning without city-specific fine-tuning, across more than 500 cities in Europe, North America, and Japan.
The new capital will support integration across automotive compute platforms and continued deployment in production ADAS and automated driving systems. It builds on two specific partnerships already in place:
- Wayve and Qualcomm Technologies announced a collaboration in March 2026 to deliver a pre-integrated AI Driver solution on the Snapdragon Ride Platform with Active Safety software, giving automakers a streamlined path to deploy Wayve’s AI across Qualcomm’s widely-used automotive SoCs.
- Wayve also has a longstanding relationship with NVIDIA: the Nissan robotaxi prototype shown at NVIDIA GTC in March 2026 was built on NVIDIA DRIVE Hyperion.