Uber Veteran Launches Her 'AI Mindset' Self-Driving Startup With $83.5 Million Round

Waabi founder and CEO Raquel Urtasan, a computer scientist and University of Toronto professor, sees a new path to commercializing self-driving technology. Computer scientist Raquel Urtasan, an artificial intelligence expert who led a team of Toronto-based engineers for Uber's self-driving vehicle program, is launching tech startup Waabi with an $83.5 million funding round and a new "AI mindset" approach to commercializing automated driving. The Series A round, among the biggest for any Canadian tech startup, is led by Khosla Ventures and includes investment from Uber, Radical Ventures, 8VC, OMERS Ventures and BDC Capital's Women in Technology Venture Fund. Aurora Innovation, the self-driving tech company that acquired Uber ATG last December, is a minority investor. AI experts including Stanford University's Fei-Fei Li, the University of Toronto's Geoffrey Hinton and Sanja Fidler and the University of California, Berkeley's Pieter Abbeel also participated in the round.