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Autonomous Vehicle Funding Triples to Record $21.4B in Q1 2026 — Waymo's $16B Is 75% of Total
Crunchbase reports AV startups raised a record $21.4B across 34 deals through April 15, up 262% from $5.9B across 99 deals in all of 2025. Three-quarters of the total comes from Waymo's $16B Series D at $126B valuation. The pattern mirrors VC broadly: fewer deals, massively concentrated capital in a handful of companies (Waymo, Shield AI, Wayve) that investors believe are ready to scale commercially rather than just research.
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