Waabi
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 7.9m | 30.2m |
% growth | - | 283 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | CAD100m | Series A | |
* | N/A | Early VC | |
* | $200m | Series B | |
Total Funding | €248m |
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Recent News about Waabi
EditWaabi.ai is a startup that operates in the autonomous vehicle industry, specifically focusing on self-driving trucking technology. Their flagship product, the Waabi Driver, is a next-generation solution that can be trained to make decisions, apply learned skills to new scenarios and geographies, and adapt to any hardware configuration. This technology is designed for large-scale commercialization and safe deployment, targeting original equipment manufacturers (OEMs) for factory-level integration.
The company's unique selling proposition lies in its use of advanced simulation technology, Waabi World. This virtual environment allows the firm to streamline the development process of their self-driving system, reducing the need for real-world testing miles. This approach not only lowers costs but also enhances safety and flexibility.
Waabi.ai's business model revolves around the development and sale of their autonomous driving technology to trucking companies and OEMs. The company generates revenue by licensing their technology for use in commercial vehicles. This technology has the potential to revolutionize the trucking industry by reducing costs and improving safety.
The team at Waabi.ai is led by AI and self-driving pioneer Raquel Urtasun and comprises of leading AI engineers and solution architects. They are committed to harnessing the power of self-driving technology to create a better world.
Keywords: Autonomous Vehicles, Self-Driving Trucks, AI Technology, Simulation, Commercialization, OEM Integration, Safety, Cost Reduction, Innovation, Licensing.