BIG TECH
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BIG TECH
Uber Is Quietly Building an Autonomous Vehicle Empire
Uber has stitched together partnerships with more than a dozen self-driving companies -- including Waymo and Wayve -- betting it can win the robotaxi era as an aggregator rather than a manufacturer.
FUNDING
Wayve Launches $85M Employee Tender Offer at $8.5B Valuation
FUNDING$85M tender
Wayve Launches $85M Employee Tender Offer at $8.5B Valuation
Self-driving startup Wayve launched an $85 million tender offer letting employees sell vested shares at an $8.5 billion valuation, set against February's $1.2 billion Series D led by Eclipse, Balderton and SoftBank Vision Fund 2. The buyback comes as Wayve has more than doubled headcount to 1,200 employees and targets robotaxi pilots with Uber later this year, using liquidity as a retention tool without pushing toward a public listing.