Waymo raises $16B at a $126B valuation to expand to 20+ cities

Waymo

Waymo raised $16 billion at a $126 billion post-money valuation, led by Dragoneer, DST Global and Sequoia. The company was operating over 400,000 paid rides per week across six US metro areas and planned to expand to over 20 additional cities in 2026, including Tokyo and London.

• Funding: $16 billion at $126B post-money valuation; led by Dragoneer, DST Global, Sequoia; also backed by Andreessen Horowitz, Mubadala.
• Operating at scale: over 400,000 rides per week across six US metros; surpassed 20 million lifetime rides and tripled 2025 annual volume.
• Expansion: 20+ new cities in 2026 including Tokyo and London; builds on existing presence in six major metro areas.