T. Rowe Price, Perry Creek Capital, Fidelity and others join first round of investment in Waymo
Waymo has closed an extension of the financing round announced on March 2, in which funds and accounts advised by T. Rowe Price Associates, Inc., Perry Creek Capital, Fidelity Management & Research Company, and other external investors participated, bringing the total size of the round to $3 billion.
As the company continues to advance the World's Most Experienced Driver — the Waymo Driver — it will use this injection of capital to deepen our investment in people, technology, and Waymo One and Waymo Via operations.
“COVID-19 has underscored how fully self-driving technology can provide safe and hygienic personal mobility and delivery services. We're grateful these partners share our mission to make it safe and easy for people and things to get where they're going,” said John Krafcik, CEO, Waymo, in a blog post.
T. Rowe Price, Perry Creek Capital, Fidelity and others join first round of investment in Waymo
Modified on Wednesday 13th May 2020
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T. Rowe Price, Perry Creek Capital, Fidelity and others join first round of investment in Waymo