Waymo Raising $16 Billion on $110 Billion Valuation
by Brian Wang from NextBigFuture.com on (#7389E)
Waymo, Alphabet's autonomous driving subsidiary, is close to finalizing or has finalized a $16 billion funding round that values the company at $110 billion, more than doubling its valuation from the previous round. Alphabet (Google's parent company) is providing about $13 billion of the $16 billion. New investors: Sequoia Capital, DST Global (led by Yuri ...