A look at Waymo’s mega $2.25 billion funding
Since 2009, Alphabet has funded Waymo, which is focused on developing autonomous vehicles. But this week there was a big change in the strategy. Waymo announced a $2.25 billion in outside funding—the first one in its history. The investors included a mix of venture capitalists, private equity firms and strategic operators like Silver Lake Partners, Andreessen Horowitz, Canada Pension Plan Investment Board, Mubadala Investment, Magna International, AutoNation, and of course, Alphabet.