Wayve’s CEO Alex Kendall told Bloomberg TV that the company is eyeing growth in the US and Chinese autonomous‑vehicle markets and is considering an IPO in the future, remarks made at the JPMorgan Tech Stars conference in London.
Wayve, a UK self‑driving technology startup, announced a deal with Uber to launch robotaxi services in London, marking a significant step for autonomous mobility in the city.
Wayve Technologies employees conducted a secondary share sale on the London Stock Exchange’s Pisces private market platform, with shares trading at a 10% discount to the company’s previous valuation, indicating potential investor concerns about the autonomous vehicle startup’s valuation.
Autonomous driving software company Wayve Technologies has filed to sell shares on the London Stock Exchange’s newly launched Private Securities Market, marking the first major company to utilize this new trading platform.
Wayve Technologies, a UK-based autonomous driving software startup backed by Uber, is considering letting investors sell shares through the UK’s new private securities market, which would represent the first major endorsement of this novel trading system.