Waymo raises $16 billion, becoming the largest investment in the history of autonomous driving.

On February 3, 2026, Waymo announced the completion of a $16 billion funding round, bringing its post-money valuation to $126 billion. The round was led by Dragoneer Investment Group, DST Global, and Sequoia Capital, with continued investment from Alphabet. The funds will be used to expand into more than 20 cities, including Tokyo and London, in 2026, accelerating the global expansion of its ride-hailing business.