Ocado and Virgin have returned to back the autonomous driving system provider, joining Microsoft to push its funding to $258m in total.

UK-based self-driving technology developer Wayve completed a $200m series B round yesterday featuring software provider Microsoft, online grocer Ocado and conglomerate Virgin, suggesting further growth in the autonomous vehicle (AV) space. Venture capital firm Eclipse Ventures led the round, which included D1 Capital Partners, Baillie Gifford, Moore Strategic Ventures, Linse Capital, Compound Ventures and Balderton…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.