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Wayve vs Apptronik

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Wayve has raised $2.8B — double what Apptronik has pulled in.

Head-to-Head Verdict

Wayve leads on 3 of 5 metrics

Wayve

3 wins

+Valuation
+Funding
+Awaira Score
-Team Size
-Experience

Apptronik

2 wins

-Valuation
-Funding
-Awaira Score
+Team Size
+Experience

Key Numbers

Valuation
$8.6B
$5.5B
Total Funding
$2.8B
$935M
Awaira Score
95/100
88/100
Employees
100-500
300
Founded
2017
2016
Stage
Series D
Series A
WayveApptronik
Winner
Wayve logo
Wayve

🇬🇧 United Kingdom · Amar Shah

Series DAI RoboticsEst. 2017

Valuation

$8.6B

Total Funding

$2.8B

Awaira Score95/100

100-500 employees

Full Wayve Profile →
Apptronik logo
Apptronik

🇺🇸 United States · Jeff Cardenas

Series AAI RoboticsEst. 2016

Valuation

$5.5B

Total Funding

$935M

Awaira Score88/100

300 employees

Full Apptronik Profile →
Market Context

As AI Robotics players, Wayve and Apptronik target overlapping customers despite operating from different countries. The stage gap — Wayve at Series D vs Apptronik at Series A — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

AI Robotics remains a contested market, with Wayve and Apptronik among its most prominent entrants. Wayve builds embodied AI systems for autonomous driving, developing a data-driven approach that trains neural networks end-to-end from raw sensor inputs to vehicle controls. Apptronik, founded in 2016, develops humanoid robots designed for industrial and commercial applications.

Funding & Valuation

Valuations are in a similar range: Wayve at $8.6B and Apptronik at $5.5B. Capital raised tells a clear story: Wayve at $2.8B versus Apptronik at $935M — a $1.9B difference.

Growth Stage

Apptronik was founded in 2016, 1 year before Wayve arrived in 2017. Growth stages differ: Wayve (Series D) versus Apptronik (Series A), a distinction that matters for both deal structure and competitive positioning. On headcount, Wayve reports 100-500 employees and Apptronik reports 300.

Geography & Outlook

Wayve operates out of 🇬🇧 United Kingdom while Apptronik is based in 🇺🇸 United States, giving each a distinct home-market advantage. Wayve holds a moderate edge on Awaira's composite score (95 vs. 88), driven by stronger fundamentals in funding and growth metrics. Wayve, led by Amar Shah, and Apptronik, led by Jeff Cardenas, each bring distinct leadership visions to the AI sector.

Funding Velocity

Wayve

Total Rounds4
Avg. Round Size$423.3M
Funding Span6 yrs

Apptronik

Total Rounds1
Avg. Round Size$350M

Funding History

Wayve has completed 4 funding rounds, while Apptronik has gone through 1. Wayve's most recent round was a Series C of $1.1B, compared to Apptronik's Series A ($350M). Wayve is at Series D while Apptronik is at Series A — different points in their growth trajectory.

Team & Scale

Apptronik has the bigger team at roughly 300 people — 3x the size of Wayve's 100-500. They're close in age — Wayve started in 2017 and Apptronik in 2016. Geographically, they're in different markets — Wayve operates out of United Kingdom and Apptronik from United States.

Metrics Comparison

MetricWayveApptronik
💰Valuation
$8.6BWINS
$5.5B
📈Total Funding
$2.8BWINS
$935M
📅Founded
2017WINS
2016
🚀Stage
Series D
Series A
👥Employees
100-500
300
🌍Country
United Kingdom
United States
🏷️Category
AI Robotics
AI Robotics
Awaira Score
95WINS
88

Key Differences

💰

Valuation gap: Wayve is valued 1.6x higher ($8.6B vs $5.5B)

📈

Funding gap: Wayve has raised $1.9B more ($2.8B vs $935M)

📅

Market experience: Apptronik has 1 year more (founded 2016 vs 2017)

🚀

Growth stage: Wayve is at Series D vs Apptronik at Series A

👥

Team size: Wayve has 100-500 employees vs Apptronik's 300

🌍

Market base: 🇬🇧 Wayve (United Kingdom) vs 🇺🇸 Apptronik (United States)

⚔️

Direct competitors: Both operate in the AI Robotics market segment

Awaira Score: Wayve scores 95/100 vs Apptronik's 88/100

Which Should You Choose?

Use these signals to make the right call

Wayve logo

Choose Wayve if…

Top Pick
  • Higher Awaira Score — 95/100 vs 88/100
  • More established by valuation ($8.6B)
  • Stronger investor backing — raised $2.8B
  • United Kingdom-based for regional compliance or proximity
  • Wayve builds embodied AI systems for autonomous driving, developing a data-driven approach that trains neural networks end-to-end from raw sensor inputs to vehicle controls
Apptronik logo

Choose Apptronik if…

  • More market experience — founded in 2016
  • United States-based for regional compliance or proximity
  • Apptronik, founded in 2016, develops humanoid robots designed for industrial and commercial applications

Funding History

Wayve raised $2.8B across 4 rounds. Apptronik raised $935M across 1 round.

Wayve

Series C

May 2024

Lead: SoftBank Vision Fund

$1.1B

Series B

Jan 2022

Lead: Eclipse Ventures

$200M

Series A

Jun 2020

Lead: Balderton Capital

$20M

Seed

May 2018

Lead: Compound VC

Apptronik

Series A

Jan 2024

$350M

Investor Comparison

No shared investors detected between these two companies.

Unique to Wayve

SoftBank Vision FundNvidiaMicrosoftEclipse VenturesBalderton CapitalCompound VC

Unique to Apptronik

OpenAI Startup FundKleiner PerkinsSpark Capital

Users Also Compare

FAQ — Wayve vs Apptronik

Is Wayve bigger than Apptronik?
By valuation, Wayve is the larger company at $8.6B versus $5.5B — a 1.6x difference. Size can also be measured by team: Wayve employs 100-500 people while Apptronik has 300 employees.
Which company raised more funding — Wayve or Apptronik?
Wayve has raised more in total funding at $2.8B, compared to Apptronik's $935M — a gap of $1.9B. Combined, the two companies have completed 5 known funding rounds.
Which company has a higher Awaira Score?
Wayve leads with an Awaira Score of 95/100, while Apptronik sits at 88/100. That 7-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Wayve vs Apptronik?
Wayve was founded by Amar Shah in 2017. Apptronik was founded by Jeff Cardenas in 2016. Visit each company's profile on Awaira for a full founder biography.
What does Wayve do vs Apptronik?
Wayve: Wayve builds embodied AI systems for autonomous driving, developing a data-driven approach that trains neural networks end-to-end from raw sensor inputs to vehicle controls. Founded in Cambridge and headquartered in London, the company focuses on a generalist AI model that can adapt to new environments without hand-coded rules, distinguishing it from traditional autonomous vehicle stacks.\n\nThe company raised a $1 billion Series C round in 2024 led by SoftBank, with participation from Microsoft and NVIDIA, bringing total funding to approximately $1.3 billion. Wayve has deployed test vehicles across London and conducts large-scale data collection partnerships with commercial fleet operators including Asda and Ocado.\n\nWayve competes in a global autonomous vehicle market projected to exceed $500 billion by 2030, positioning itself against Waymo, Cruise, and Mobileye with a fundamentally different AI-first architecture. The company achieved a valuation of approximately $2.8 billion following its Series C and is considered one of the most significant autonomous vehicle startups outside the United States, with backing from some of the largest technology investors globally. Wayve operates in the AI Robotics sector and is headquartered in United Kingdom. Founded in 2017 by Amar Shah, Wayve has raised $2.8B in total funding, achieving a valuation of $8.6B as of its latest round. The company's funding journey includes a Series A of $20M in 2020, a Series B of $200M in 2022, a Series C of $1.1B in 2024. The most recent round was led by SoftBank Vision Fund. With approximately 100-500 employees, Wayve has established itself as a Series D-stage player in the AI Robotics market. The company holds an Awaira Score of 95/100, reflecting its strong position across valuation, funding trajectory, team scale, and market influence. Wayve competes in a rapidly evolving segment alongside other AI Robotics companies. Based in United Kingdom, Wayve is part of a growing international AI ecosystem attracting talent and investment. The AI Robotics space has attracted significant investment in recent years, with companies racing to capture enterprise and consumer demand for AI-powered solutions. Apptronik: Apptronik, founded in 2016, develops humanoid robots designed for industrial and commercial applications. The company's flagship product is Apollo, a general-purpose humanoid robot engineered to perform tasks in warehouses, manufacturing facilities, and other enterprise environments. Apollo stands approximately 5'8" tall and is designed to handle repetitive, dangerous, or physically demanding work alongside human workers. The robot integrates advanced computer vision, machine learning, and autonomous navigation systems to operate in dynamic environments with minimal human intervention. Apptronik's technology emphasizes dexterous manipulation and adaptive learning, enabling robots to perform tasks including material handling, assembly, inspection, and logistics operations. The company positions itself in the growing humanoid robotics sector, competing with firms like Boston Dynamics, Tesla's Optimus division, and other robotics startups targeting industrial automation. As of its most recent valuation, Apptronik reached $5.5 billion in company value with $935 million in total funding. The company remains in Series A stage, indicating early-stage growth with significant capital deployment ahead. Apptronik has attracted investment from prominent venture capital firms and strategic investors focused on robotics and automation technologies. The company's growth trajectory reflects increasing enterprise demand for autonomous solutions to address labor shortages and workplace safety concerns across manufacturing and logistics sectors. Apptronik's focus on general-purpose humanoid robots designed specifically for enterprise task automation differentiates it in a sector where most competitors emphasize research or consumer applications.
Which company was founded first?
Apptronik got there first, launching in 2016 — that's 1 year of extra runway. Wayve didn't arrive until 2017. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Wayve has about 100-500 employees; Apptronik has about 300. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Wayve and Apptronik competitors?
Yes — they're direct rivals. Both Wayve and Apptronik compete in AI Robotics, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Wayve edges ahead with an Awaira Score of 95, but Apptronik (88) isn't far behind. The gap is narrow enough that it could shift with the next funding round.

Who Should You Watch?

Wayve has a slight edge on paper, but Apptronik isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive