AI pioneer, visionary launches autonomous vehicle firm in Toronto - Electronic Products & Technology

Waabi, founded by AI pioneer and visionary Raquel Urtasun, today launched out of stealth to build the next generation of self-driving technology. Waabi's innovative approach unleashes the power of AI to'drive' safely in the real world, bringing the promise of self-driving closer to commercialization than ever before. Waabi also announced today a $83.5-million (USD) Series A financing with backing from best-in-class investors across the technology, logistics and the Canadian innovation ecosystem. The round, which is among the largest Series A rounds ever raised in Canada, was led by Khosla Ventures with additional participation from Uber, Radical Ventures, 8VC, OMERS Ventures, BDC Capital's Women in Technology Venture Fund (WIT), Aurora Innovation Inc., AI luminaries Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, Sanja Fidler and others. AI and self-driving pioneer Raquel Urtasun is the founder and CEO of Waabi.