Waabi
Waabi is an Autonomous Trucking company founded in 2021 and based in Toronto, Canada. It has raised $1.3B in total funding, most recently a Series C in 2026.
Waabi is a Toronto-based autonomous-driving company founded in 2021 by Raquel Urtasun, the former chief scientist of Uber's self-driving division and a University of Toronto AI professor. Its differentiator is an 'AI-first' approach that trains and validates its driver primarily inside a high-fidelity generative simulator (Waabi World) rather than relying on massive real-world mileage. The company has hauled freight commercially with safety drivers in Texas and partners with Volvo on a purpose-built autonomous truck platform and with Uber Freight on a large-scale deployment. In January 2026 Waabi announced an oversubscribed $750 million Series C — co-led by Khosla Ventures and G2 Venture Partners — plus up to $250 million in milestone-based capital from Uber, lifting total funding to roughly $1.28 billion, as it extended its technology toward robotaxis in addition to trucking. Management ties its driverless launch, which it has described as a few quarters away, to validation of the purpose-built Volvo truck platform.
Waabi is the leading test of whether a simulation-first, AI-centric approach can reach driverless deployment faster and more cheaply than mileage-heavy rivals.
waabi.ai ↗·Autonomous Trucking·
Canada·private 
