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Waymo Raises $5.6B

Self-driving car company Waymo, has reportedly raised a whopping $5.6 billion in a new funding round. The round was led by its parent company, Alphabet, with participations from a16z, Silver Lake, Fidelity, Tiger Global, and Perry Creek, amongst others. Waymo is planning to use the funds to enter new markets and also improve its autonomous functionalities.

 


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