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Mishcon de Reya advises Wayve on landmark $1.05 billion Series C funding round

Posted on 29 May 2024

Mishcon de Reya recently advised self-driving car technology startup Wayve on its $1.05 billion Series C investment round. This round was spearheaded by SoftBank Group and saw contributions from new investor NVIDIA, as well as continued support from existing investor Microsoft.

The funds are earmarked to bolster Wayve's strategic initiative to advance autonomous mobility, leveraging the power of artificial intelligence. This investment round has been hailed as the largest AI fundraising endeavour by a European company to date and stands among the most significant venture financings in the UK.

Mishcon de Reya's Emerging Companies team was led by Chris Keen, with support from Will Rouse, Kunal Sankhla, Geoff Dragon, Charlotte Lomas and Ege Sever.

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