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Waabi

Waabi

Waabi is a Toronto-based developer of self-driving technology, including an artificial intelligence-based driverless system and a simulation system to train the AI driver.

OverviewStructured DataIssuesContributors

Contents

waabi.ai
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Robotics
Robotics
Technology
Technology
Autonomous truck
Autonomous truck
‌
Truck Transportation
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Location
Toronto
Toronto
Canada
Canada
B2X
B2B
B2B
CEO
Raquel Urtasun
Raquel Urtasun
Founder
Raquel Urtasun
Raquel Urtasun
Pitchbook URL
pitchbook.com/profiles...467581-42
Number of Employees (Ranges)
51 – 2000
Email Address
info@waabi.ai0
press@waabi.ai0
partnership@waabi.ai0
Phone Number
+16475562184
Full Address
476 Markham Street Toronto, Ontario M6G 2L3 Canada
Place of Incorporation
Canada
Canada
Investors
Khosla Ventures
Khosla Ventures
Volvo Group Venture Capital
Volvo Group Venture Capital
Golden Ventures
Golden Ventures
0
OMERS Ventures
OMERS Ventures
8VC
8VC
Uber
Uber
BDC Capital’s Women in Technology Venture Fund
BDC Capital’s Women in Technology Venture Fund
Radical Ventures
Radical Ventures
0
Founded Date
2021
Total Funding Amount (USD)
83,500,000
Latest Funding Round Date
June 8, 2021
2023
Competitors
Starship Technologies
Starship Technologies
0
AImotive
AImotive
0
Momenta (company)
Momenta (company)
0
Aurora (company)
Aurora (company)
0
Nuro
Nuro
0
Pony.ai
Pony.ai
0
TeleRetail
TeleRetail
0
Cruise
Cruise
0
...
Business Model
Commerce
Key People
Raquel Urtasun
Raquel Urtasun
Also Known As
Waabi Innovation Inc.
Latest Funding Type
Series A
Series A
Country
Canada
Canada
Headquarters
Toronto
Toronto

Other attributes

Blog
waabi.ai/blog/
Company Operating Status
Active
Latest Funding Round Amount (USD)
83,500,000
Overview

Waabi is an artificial intelligence company working on developing self-driving technology. The company's technology is designed to build a pathway to commercially viable, scalable, autonomous driving, with an artificial intelligence approach using deep learning, probabilistic inference, and complex optimization to create software that is trainable, interpretable, and capable of complex reasoning in a closed-loop simulator for common driving scenarios and edge cases necessary for driver safety.

Waabi was founded in 2021 by CEO Raquel Urtasun and is headquartered in Toronto, Canada. Prior to founding Waabi, Raquel Urtasun ran Uber's Advanced Technology Group in Toronto. The company is focused on driverless trucks, rather than robotaxis, because of the shortage of truck drivers and the ability to deploy fully autonomous trucks on the highways, which tend to be considered simpler than complex city streets.

An introduction to Waabi

Technology
Waabi Driver

The Waabi Driver uses the company's artificial intelligence-based autonomy stack as software with sensors and compute as hardware, which work together to form a solution for factory-level OEM integration, commercialization, and safe deployment. The use of artificial intelligence is used to make a trainable system that can learn from data, speeding up deployment and allowing the system to learn and increase its ability to make complex decision-making necessary for operating safely and keeping drivers around the truck safe. The approach also includes Waabi World, a school for self-driving that works to expose the Waabi Driver to a diversity of scenarios to develop better driving skills. This includes common driving situations and some edge cases to ensure the self-driving vehicle can respond safely to road conditions.

Waabi World

Waabi World is a driving simulation system for the Waabi Driver system that works to expose the AI-based Waabi Driver to a diversity of experiences to help develop its driving skills. The simulator is an immersive and reactive environment intended to design tests, assess skills, and teach the self-driving Waabi Driver to learn on its own and reduce the need to drive, testing miles in the real world while still producing safer and more affordable results. Waabi World is built around four core capabilities:

  • Building digital twins of the world from data
  • Performing near real-time high-fidelity sensor simulation to help test the entire software stack in an immersive and reactive manner
  • Creating scenarios to stress-test the Waabi Driver
  • Teaching the Waabi Driver to learn from its mistakes and learn to drive without human intervention

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Toronto startup Waabi starts testing its driverless trucks on the road, with humans on board

https://www.theglobeandmail.com/business/article-waabi-driverless-trucks-north-america/

Web

November 16, 2022

Waabi launches AI powered self-driving system for trucking - Electronic Products & Technology

Stephen Law

https://www.ept.ca/2022/11/waabi-launches-ai-powered-self-driving-system-for-trucking/

Web

November 17, 2022

Waabi launches an AI-powered self-driving software for trucking - Canadian Manufacturing

The Canadian Press

https://www.canadianmanufacturing.com/manufacturing/waabi-launches-an-ai-powered-self-driving-software-for-trucking-287137/

Web

November 16, 2022

Waabi Unveils Adaptable Autonomous Driving System | Transport Topics

https://www.ttnews.com/articles/waabi-unveils-adaptable-autonomous-driving-system-trucking

Web

November 16, 2022

Waabi unveils its first-generation self-driving truck

Rebecca Bellan

https://techcrunch.com/2022/11/16/waabi-unveils-its-first-generation-self-driving-truck/

Web

November 16, 2022

References

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