Waymo, the self-driving unit of Alphabet Inc, said on Monday it had raised $2.25bn in its first external investment round.
John Krafcik, CEO of Waymo, describes the company's project, 'A new way forward for self-driving cars', at the Web Summit in Altice Arena on November 7, 2017 in Lisbon, Portugal. Web Summit is a technology conference that has been held annually since 2009.Waymo, the self-driving unit of Alphabet Inc, said on Monday it had raised $2.
, saying the commercialisation of self-driving vehicles and technology was taking longer than expected. The valuations of Waymo's nearest competitors do not come close to Morgan Stanley's estimate for Waymo.from investors such as Honda Motor Co and SoftBank Group, and is valued at $19bn from Toyota Motor Corp , Denso Corp and SoftBank and is valued at $7.25bn and is valued at $7.25bn
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