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Waabi develops autonomous trucking technology powered by an AI platform.
Founded in 2021 and based in Toronto, Canada, Waabi develops autonomous trucking technology using an AI model and neural simulator. In January 2026, it raised USD 750 million in Series C funding co-led by Khosla Ventures and G2 Venture Partners, with participation from Uber, Inc., Volvo Group Venture Capital, Porsche Ventures, Radical Ventures, HarbourVest Partners, Incharge Capital Partners, BDC Capital, Export Development Canada, Nventures, BlackRock, Abu Dhabi Investment Authority, and Telus Global Ventures. Uber, Inc. also committed another USD 250 million in milestone-based funding. The funding will support its Physical AI Platform, autonomous trucking, and robotaxi development.
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