Sourcer
Wayve$60,000 - $90,000/year
- Full Time
- Junior (1 to 2 years)
About Wayve
Wayve.ai develops self-driving technology known as AV2.0, which focuses on creating a smarter and safer approach to autonomous vehicles. Their technology uses embodied AI software that allows vehicles to learn from their experiences and adapt to different environments without needing detailed programming. This method is different from traditional self-driving technologies that often rely on expensive hardware and pre-mapped data. Instead, Wayve.ai employs end-to-end deep learning, making their solution more cost-effective for automakers. The company targets automakers and fleet operators, offering them adaptable and affordable solutions for driving automation. Wayve.ai has already partnered with major retailers in the UK to test its technology in delivery fleets, aiming to enhance mobility and sustainability in the automotive industry.
London, United KingdomHeadquarters
2017Year Founded
$1,272.3MTotal Funding
SERIES_CCompany Stage
Automotive & Transportation, AI & Machine LearningIndustries
201-500Employees
Benefits
Hybrid Work Options
Risks
Increased competition in San Francisco could dilute Wayve's market presence.
Regulatory challenges may delay the deployment of Wayve's technology with Uber.
Wayve's reliance on AI systems may face skepticism from traditional automakers.
Differentiation
Wayve uses embodied AI to adapt vehicles to any environment without explicit programming.
Its AV2.0 technology eliminates the need for costly robotic stacks and complex mapping.
Wayve's end-to-end deep learning approach offers a cost-effective solution for automakers.
Upsides
Wayve's partnership with Uber expands its market reach and data collection opportunities.
The expansion into the U.S. market taps into a larger talent pool and partnerships.
Generative AI models like GAIA-1 offer new ways to simulate driving scenarios.
Funding
Total raised$1.27 B
Latest valuation$3.00 B
StageSERIES_C
EARLY VC
9/30/2021$14
$100.00 MSERIES A
7/31/2020$20
$76.00 MGRANT
3/31/2018N/A
SEED
9/30/2017$2
$8.00 M