Waabi is an Autonomous Trucking company founded in 2021 and based in Toronto, Canada. It has raised $1.2B in total funding, most recently a Strategic (Uber milestone capital) in 2026.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jan 28, 2026 | Strategic (Uber milestone capital) | $250M | — | Uber |
| Jan 28, 2026 | Series C | $750M | — | Khosla Ventures, G2 Venture Partners |
| Jun 18, 2024 | Series B | $200M | — | Uber, Khosla Ventures |
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The Waabi Driver is the company's autonomous-driving system for Class 8 trucks, combining sensors, compute, and an end-to-end AI model that handles perception, prediction, and planning. Waabi pairs it with a purpose-built autonomous truck developed with Volvo so the platform is engineered for driverless operation from the factory rather than retrofitted. The Driver is validated extensively in Waabi World, the company's generative simulator, which the company argues lets it prove out safety cases without the billions of real-world miles competitors accumulate.
Waabi World is a generative, high-fidelity simulator that recreates the physics, sensors, and edge cases of real-world driving, allowing Waabi to train, test, and validate its autonomous driver almost entirely in simulation. The company positions it as a closed-loop digital environment where the same AI that drives the truck can be exposed to rare and dangerous scenarios at scale and at low cost. Waabi treats simulation results as central to its safety case for removing the human driver.
3 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.
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