After dominating freight, Waabi is using $1 billion in new funding to take on the robotaxi race. Courtesy Waabi

Self-driving startup Waabi has spent the past five years becoming a dominant force in the world of autonomous trucking. Now, armed with $1 billion in new funding, it’s gearing up to take on a new challenge: the robotaxi market. The Toronto-based venture raised $750 million in an oversubscribed Series C round co-led by Khosla Ventures and G2 Venture Partners, Waabi announced yesterday (Jan. 28). It also secured another $250 million in “milestone-based future investment” from Uber to deploy a fleet of robotaxis on the ride-hailing app.

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