One of Britain’s most promising self-driving car startups is close to securing tens of millions in funding from investors including Lastminute.com founder Brent Hoberman and Silicon Valley fund Eclipse.
Wayve Technologies, launched by Cambridge PhDs Amar Shah and Alex Kendall, is developing driverless car technology that it claims allows autonomous vehicles to learn to navigate unknown roads with minimal training.
Insiders said Wayve is expected to raise about $20m (£15m), which would be one of the largest early stage deals for a UK driverless car start-up.
West Coast fund Eclipse, founded by veteran investor Lior Susan, is leading the round, according to Companies House filings, and will take…