This year’s PITCH competition at the Lisbon Web Summit saw more than 1,000 entries from across the globe. Wayve was one of the top 168 startups from 40 countries that were chosen to pitch in front of investors, media and a live audience during the three-day conference in Lisbon, Portugal.
Wayve is an AI company based in Cambridge, UK committed to building a full data-driven driving software stack, which enables a car to drive itself using only the understanding of what it can see. The Cambridge based startup is aiming to be the first self-driving car company to deploy in 100 cities globally.
Alex Kendall, co-founder of Wayve said “Today’s approaches to autonomy will not scale to society’s demands in the next decade. When you’re developing technology that is so far against the status quo of the world today, it is very easy to be dismissed by group thinkers. We strive to let our technical results speak loudly in an industry of hype. Winning PITCH at Web Summit sends a strong signal to the market as we enter into our next fundraising round and validates that others are as excited as we are about this opportunity.”
UK startup Wayve has been named the winner of PITCH at Web Summit.