Ingka Investments makes minority investment in autonomous trucking with generative AI firm Waabi — Retail Technology Innovation Hub

Peter van der Poel, Managing Director at Ingka Investments, comments: “Our mission at Ingka Group is to create a better everyday life for the many people. Waabi’s technology aligns perfectly with our commitment to sustainability and innovation.”

“This investment reflects our dedication to transforming industries through smart, efficient solutions that not only drive economic value but also contribute positively to society and the environment.”

“Ingka Group has strong ties to the retail and logistics space, and they share our mission of building a sustainable future by unleashing the potential of autonomous trucks to improve the supply chain,” says Raquel Urtasun, Waabi CEO and Founder.

“We are grateful for Ingka Group’s support and with this funding round, we’re confident that we have everything we need – both strategically and financially – to launch fully driverless trucks in 2025.”