Companies / Waabi
Waabi
Waabi is a robotics and physical AI company based in Toronto, Ontario. It had raised US$1B as of November 2026, most recently a US$750M Series C in January 2026 led by Khosla Ventures and G2 Venture Partners.
Autonomous trucking (generative world models).
waabi.ai- Founded
- 2021
- Category
- Robotics/
Physical AI - Status
- Active
- Disclosed raised
- US$1B
Funding history
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series C | Jan 28, 2026 | US$750M | Khosla Ventures and G2 Venture Partners (co-leads); NVentures (Nvidia), Volvo Group Venture Capital, Porsche Automobil Holding SE, BlackRock, Radical Ventures, BDC Thrive Venture Fund, Export Development Canada, Telus Global Ventures, Uber |
| Series B | Jun 18, 2024 | US$200M | Uber and Khosla Ventures (co-leads); NVentures (Nvidia), Volvo Group Venture Capital, Porsche Automobil Holding SE, Radical Ventures |
| Venture round | Jan 18, 2023 | Undisclosed | Volvo Group Venture Capital (lead). Strategic investment; no amount disclosed. |
| Series A | Jun 8, 2021 | US$83.5M | Khosla Ventures (lead); Uber, 8VC, Radical Ventures, OMERS, Aurora Innovation, Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Sanja Fidler, BDC Women in Technology Venture Fund. Announced as US$83.5M at launch. |
Founders
- Raquel Urtasun, Founder/CEO.
Also backed by
Investors listed on their own portfolio pages or in reported coverage. Round details are not tracked in the Index.
In the newsletter
- CanadianAI: OpenAI backs Biossil at US$1B, and B.C. sues OpenAI over Tumbler RidgeSep 29, 2026
- CanadianAI: The State of Canadian AI, H1 2026Jul 28, 2026
- Canadian AI: Highlights from Toronto Tech Week and a record CANSEC, big raises from Saris and Lastwall, and Sutton on the limits of generative AI."Jun 2, 2026
Sources
Data as of November 10, 2026.