United Kingdom · Question · Written question
UIN 118929
Wayve
Original
Introduced
9 March 2026
Last action
12 March 2026 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
12 March 2026
Summary
To ask the Secretary of State for Business and Trade, if he will make an estimate of the level of private capital the British Business Bank expects to crowd-in from their investment in Wayve.
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Timeline
9 March 2026
Written question
To ask the Secretary of State for Business and Trade, if he will make an estimate of the level of private capital the British Business Bank expects to crowd-in from their investment in Wayve.
Source: Commons
12 March 2026
Answer
The British Business Bank has invested £25 million in Wayve as part of a $1.2 billion Series D funding round, at a post-money valuation of $8.6 billion. Additional capital secured in parallel brings the total value of the raise to $1.5 billion.The Bank ha...
Source: Written answer
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- · Department for Business and Trade · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2026-03-09/118929
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1889005
- uk · wq-1889005 · source updated 12 March 2026