Wayve Technologies, founded in 2017, is a UK-based company that focuses on autonomous driving technology.
Wayve's technology offering revolves around embodied intelligence for autonomous mobility. The company aims to deploy autonomous vehicles with deep learning capabilities.
Embodied intelligence refers to the integration of perception, action, and learning within a single system, allowing autonomous vehicles to learn from experience and adapt to new environments without explicit programming.
Its AV2.0 system developed is designed to adapt quickly and safely to new driving domains globally. It is designed to scale, adapt, and generalize driving intelligence by harnessing deep learning algorithms that learn from large amounts of training data.
Wayve has engaged in last-mile delivery trials in London, showcasing its commitment to real-world applications of autonomous driving technology.
They have raised a total amount of over $258 million and received backing from prominent investors like Eclipse Ventures, D1 Capital Partners and Baillie Gifford.