AMD, Arm, and Qualcomm Ventures have invested $60 million in autonomous driving startup Wayve, extending its Series D round to $1.2 billion and giving the London-based company coverage across virtually every automotive compute architecture in use today. The investment brings Wayve’s total funding to approximately $1.5 billion at an $8.6 billion post-money valuation, according to Tech Funding News.
The three chip companies join a Series D investor base that already includes NVIDIA, Microsoft, Uber, SoftBank Vision Fund 2, and automakers Mercedes-Benz, Nissan, and Stellantis. For Wayve, whose core proposition is an AI Driver that runs across any vehicle hardware configuration without location-specific engineering, this hardware-agnostic investor base serves as a commercial signal as much as a financial one.
It makes it easier for automakers to deploy Wayve’s technology without being tied to a specific compute vendor.
“For embodied AI to scale, automakers need design choice and supply chain flexibility,” Wayve co-founder and CEO Alex Kendall said in the company’s announcement. “Expanding our relationships with leading silicon companies helps bring that into production at a global scale.”
Wayve takes an end-to-end AI approach to autonomous driving, training a single foundation model on large-scale 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.
The new capital will support integration across automotive compute platforms and continued deployment in production ADAS and automated driving systems. It builds on existing partnerships including a March 2026 collaboration with Qualcomm Technologies to deliver a pre-integrated AI Driver solution on the Snapdragon Ride Platform.
On the commercial side, Wayve signed a definitive production partnership with Nissan in 2025 to integrate its AI Driver into next-generation ProPILOT driver-assistance systems. The first mass-produced vehicles are expected to launch in Japan and other markets from fiscal year 2027.
In March 2026, Wayve partnered with Uber and Nissan for a robotaxi pilot in Tokyo starting in late 2026, subject to regulatory discussions, Uber’s first autonomous vehicle partnership in Japan. Wayve and Uber also have plans for a London robotaxi trial as part of a planned rollout spanning more than ten cities globally.
