The self-driving car specialist Waymo wants to fuel its growth plans with a financial injection in the billions of dollars. The company, which is owned by Google parent company Alphabet, has raised 2.25 billion US dollars (a good 2 billion euros) from investors. This is Waymo's first round of financing with external lenders. These include contract manufacturer Magna, financial investors such as Silver Lake, as well as Alphabet.
Google's self-driving program was incorporated into Waymo - and the company is considered particularly advanced in the development of systems for autonomous driving. Waymo is currently experimenting with a robo taxi service in Arizona and would like to provide car manufacturers with its self-driving automobile technology.
Company CEO John Krafcik affirmed in a blog entry on Monday that the company's goal is to "develop the most experienced driver in the world." At the same time, automakers, suppliers, start-ups and technology heavyweights like Apple are also working on software for autonomous driving.
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