Waabi Innovation Inc. announced that it has received CAD 275 million in its oversubscribed series B round co-led by returning investors, Uber Technologies, Inc. and Khosla Ventures, LLC on June 18, 2024. The transaction included participation from new investors NVIDIA Corporation, Porsche Automobil Holding SE, Scania Investimentos Imobiliários S.A, Ingka Investments, HarbourVest Partners, LLC, G2VP, LLC, Export Development Canada, Incharge Capital Partners GmbH, Thrive Venture Fund and Lab for Women, a fund managed by returning investor BDC Capital Inc., returning investors, Radical Ventures Investments Inc., Volvo Group Venture Capital AB, and others. The company issued equity in the transaction.