EDGE
Get a demo
Log In

Wayve

Last-mile Delivery Automation
Segments:
ADVs
?
Product stage:
Seed
?

UK-based Wayve develops the fully autonomous driving system “AV2.0” for autonomous cars, using end-to-end deep learning and surround cameras to enable self-driving with AI. The driving system is data-driven and can scale across diverse urban environments. Wayve claims to be the first to deploy autonomous vehicles with deep learning on public roads. The company has offices in the UK and the US.

Key customers and partnerships

Wayve entered the autonomous last-mile delivery space by partnering with British grocery retailer Asda (September 2021; extended in April 2023) and online grocer Ocado (October 2021) for delivery trials in London.

The company’s product development partners include Microsoft Azure (to scale its machine learning capabilities; October 2020), Admiral, Ansys, NVIDIA, and Weights & Biases.

Funding and financials 

In January 2022, Wayve raised USD 200 million in a Series B funding round led by Eclipse Ventures to develop a Level 4+ self-driving prototype for delivery and passenger vehicles (level 4 refers to fully autonomous vehicles but limited to specific locations and/or conditions), launch new last-mile delivery pilots, further product development, and expand the team.

Last-mile Delivery Automation

Last-mile Delivery Automation

Key stats
Featured companies
70
Total funding (USD)
4.9 Bn
Total addressable market (USD)
13.3 Bn
Key competitors
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...

Recent Updates

Funding
Industry news
Sep 5, 2023
UK authorities allocate GBP 18.5 million to fund 13 self-driving tech-related projects
Auto Tech
Partnerships
Apr 17, 2023
Wayve extends partnership with Asda to launch self-driving grocery delivery in the UK
Last-mile Delivery Automation
Funding
Jan 18, 2022
Wayve raises USD 200 million in Series B funding
Last-mile Delivery Automation
Funding
Partnerships
Oct 6, 2021
Ocado invests GBP 10 million in Wayve; plans to develop an autonomous grocery delivery
Last-mile Delivery Automation

Company Brief


HQ location:
London GBR
Founded year:
2017
Employees:
101-250
Total Funding:
USD 257.2 million

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.