TORONTO — Self-driving truck developer Waabi Innovation Inc. says it has secured US$200 million in funding from investors including Nvidia, Volvo Group and...
TORONTO — Self-driving truck developer Waabi Innovation Inc. says it has secured US$200 million in funding from investors including Nvidia , Volvo Group and Porsche Automobil Holding SE.
The funding round, which also saw participation from several Canadian investors including Radical Ventures, Export Development Canada and BDC Capital’s Thrive Venture Fund, adds to the US$80 million Waabi has already raised. The Toronto-based company says the funding will be used to grow its commercial operations and expand its team in both Canada and the U.S.Boston Federal Reserve President Susan Collins on Tuesday cautioned against getting carried away with recent inflation data that suggested price pressures may again be retreating back to the U.S. central bank's goal.
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