05:52 PM EST, 02/02/2026 (MT Newswires) -- Alphabet's (GOOG, GOOGL) autonomous driving unit, Waymo, raised $16 billion in a funding round at a $126 billion valuation, Waymo said in a blog post Monday.

Alongside Alphabet remaining its majority investor, the financing was led by Dragoneer Investment Group, DST Global, and Sequoia Capital, Waymo said.

The funding round also included significant investments from Andreessen Horowitz, Mubadala Capital, Bessemer Venture Partners, Silver Lake, Tiger Global, and T. Rowe Price, Waymo added.

The company said it is now focused on scaling globally, and it plans to bring Waymo Driver to more US cities this year, as well as expand internationally.