London-based self-driving startup Wayve raised a $1.2B Series D at an $8.6B post-money valuation, with Mercedes-Benz, Stellantis, and Nissan among investors (Financial Times)

London-based autonomous-driving startup Wayve completed a Series D financing that valued the company at $8.6 billion. The round raised more than $1 billion, with participation from major automakers—including Mercedes-Benz, Stellantis and Nissan—and technology firms such as Nvidia and Uber. Wayve intends to move from research toward real-world deployment, targeting a robotaxi service in London this year.

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