Global Trade Alert
Global Trade Alert

United Kingdom: British Business Bank provides GBP 25 million to Wayve

Announcement

25 Feb 2026

In February 2026, the British Business Bank provided GBP 25 million to Wayve as part of a USD 1.2 billion Series D funding round to support the commercial deployment of autonomous driving technology in the United Kingdom.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Feb 2026

Revocation date:

No revocation date

Updated: 04 Mar 2026
Equity stake In force

Recent update from 04 Mar 2026:

On 25 February 2026, the British Business Bank (BBB) announced a GBP 25 million (USD 33.7 million) direct equity support for Wayve, a United Kingdom-based developer of autonomous driving technology...

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