(Alliance News) - Stellantis has taken a stake in the UK-based Wayve, joining Mercedes-Benz, Nissan, and Uber in a USD1.2 billion funding round that values the startup at USD8.6 billion, according to Milano Finanza on Thursday.

This brings the Series D round to USD1.5 billion, while total funds raised now reach USD2.8 billion. Other investors include Nvidia and Microsoft.

Wayve aims to launch its "AI Driver" software in 2027 and to start a robotaxi service in London with Uber in 2026, with plans to expand to ten cities. The startup is already collaborating with Nissan, Mercedes, and Stellantis on solutions for both consumers and fleets, MF reports.

"The embodied-AI approach and end-to-end architecture represent a significant innovation in autonomous driving," said Stellantis CEO Antonio Filosa, highlighting the alignment with the group's strategy and the potential for collaboration.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Approximate price	Change	5d. change	Capi.
STELLANTIS N.V.	7.349EUR	0.00%	+9.78%	25.45B
STELLANTIS N.V.	7.342EUR	-1.24%	+9.58%	25.45B
UBER TECHNOLOGIES, INC.	77.49USD	+0.48%	+7.12%	157B
MERCEDES-BENZ GROUP AG	52.01EUR	-1.23%	-4.04%	58.95B
NISSAN MOTOR CO., LTD.	372.80JPY	-1.74%	+6.03%	8.07B

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Company Profile

Stellantis N.V. is one of the world's leading car manufacturers. The activity is essentially organized around 4 sectors: - sales of passenger cars and light commercial vehicles: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys brands; - sale of luxury vehicles: Maserati and DS Automobiles brands; - sale of automotive equipment: interior systems, car seats, car exteriors, emission control systems, etc.; - other: financing services (purchase, rental, leasing, etc.), after-sales services, etc. Net sales are distributed geographically as follows: the Netherlands (0.8%), North America (41.6%), France (10.3%), Brazil (7.6%), Italy (6.8%), Germany (5.2%), the United Kingdom (5%), Türkiye (3.8%), Spain (2.7%), Belgium (1.5%), China (0.2%) and other (14.5%).

Employees

258,668

Sector

Auto & Truck Manufacturers

Calendar

Apr. 30 - Earnings release - Q1 2026

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