INVESTMENT

Waymo raises $5.6 billion to fund Austin and Atlanta expansion

Waymo raises $5.6 billion to fund Austin and Atlanta expansion

Waymo has raised another huge chunk of change from investors. The company that it secured an “oversubscribed investment round” of $5.6 billion in funding, the largest of which came from Google's parent company Alphabet.The company is working with Uber to expand to by the early part of next year. Waymo says it plans to use this latest infusion of capital for the expansions. This latest round brings Waymo’s total capital fundraising to $11.1 billion, with the $5.5 billion it picked up in two earlier rounds in and .Waymo currently operates in San Francisco, Los Angeles and Phoenix with a curbside…
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