Startup investors offered fresh evidence once again that there is plenty of capital available for favored companies. Autonomous driving unicorn and robotaxi operator Waymo led the pack this week, with $16 billion in fresh funding at a $126 billion valuation. Other large round recipients were also overwhelmingly AI companies, with additional activity in aviation and space tech. 1. Waymo, $16B, autonomous driving: Waymo, the autonomous driving company spun out of Alphabet nearly 10 years ago, raised $16 billion in new funding at a $126 billion post-money valuation. Dragoneer Investment Group, DST Global and Sequoia Capital led the round, along with a long list of other investors. The Mountain View, California-based company says it plans to enter 20 more cities this year, including Tokyo and London. 2. Cerebras Systems, $1B, AI processors: Cerebras Systems, a developer of large, fast AI processors, closed a $1 billion Series H round. Tiger Global led the financing, which set a...
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