funding

Waymo Raises $5 Billion in First Debt Financing to Fund Global Robotaxi Expansion

Waymo has closed a $5 billion term loan, its first debt financing, with backing from major lenders including PIMCO, Blackstone, and Sixth Street. The funding will accelerate the expansion of its fully autonomous ride-hailing service across the US and internationally, following a $16 billion equity round earlier this year.