Wayve announced a $60 million investment from AMD, Arm, and Qualcomm Ventures, extending its Series D round and strengthening its position in embodied AI for autonomous driving. The new funding builds on Wayve’s $1.2 billion Series D and brings additional backing from leading technology companies across the automotive compute stack, supporting the company’s efforts to deploy its AI Driver technology globally.
Wayve is developing end-to-end embodied AI software that enables point-to-point navigation across different environments and vehicle platforms, spanning advanced driver assistance systems and higher levels of autonomous driving. Unlike traditional systems that rely on high-definition maps or are tied to specific hardware, Wayve’s AI Driver is designed to operate across a wide range of vehicles and compute architectures.
The investment is aimed at accelerating integration of the AI Driver across automotive compute platforms, reducing complexity for automakers and fleet operators while speeding time to market. The expanded investor base reflects closer collaboration between software and hardware providers to enable scalable deployment of AI-driven vehicles.
Wayve has already established partnerships across the ecosystem, including collaborations with NVIDIA for AI training and vehicle platforms, as well as Qualcomm Technologies to deliver pre-integrated solutions on the Snapdragon Ride platform.
The company’s approach focuses on building adaptable AI systems capable of sensing, decision-making, and acting in real time, supporting the transition toward production-scale deployment of autonomous and semi-autonomous vehicles.
As the automotive industry shifts toward AI-defined vehicles, Wayve is positioning its platform as a flexible, hardware-agnostic solution that can operate across both existing vehicle architectures and next-generation systems.
KEY QUOTES
“For embodied AI to scale, automakers need design choice and supply chain flexibility. We’re building an AI Driver that works across the full automotive compute ecosystem, from architectures already used in millions of vehicles today to the platforms powering the next generation of automated vehicles. Expanding our relationships with leading silicon companies helps bring that into production at a global scale, and we’re delighted to have these partners actively working with us on integration and deployment.”
Alex Kendall, Co-Founder And CEO, Wayve
“AI is moving into real-world systems, and that changes compute demands. It stops being about models and becomes about physical AI systems that have to sense, decide, and act reliably and in real-time. We see Wayve’s approach as an important step in bringing technologies like AI Driver into production at scale.”
Salil Raje, Senior Vice President And General Manager, Adaptive And Embedded Computing Group, AMD
“AI is ushering in a new era of increasingly intelligent and autonomous vehicles that require high-performance, power-efficient compute platforms to scale across a diverse and evolving ecosystem. The Arm compute platform is foundational to the AI-defined vehicle transformation, and our investment in Wayve further demonstrates our commitment to enabling advanced AI in vehicles and accelerating broad deployment.”
Spencer Collins, Executive Vice President And Head Of Corporate Development, Arm
“AI is becoming central to the driving experience and bringing it into vehicles requires close alignment between software and automotive platforms. Our collaboration with Wayve reflects a shared commitment to helping automakers bring AI Driver into production at scale, supporting diverse vehicle programs and long-term roadmaps on platforms like Snapdragon Ride.”
Quinn Li, Senior Vice President, Qualcomm Technologies And Global Head, Qualcomm Ventures
