Waabi is an AI company building the next generation of self-driving technology.

The story so far

Founded by AI pioneer and visionary Raquel Urtasun, Waabi launched in June 2021 to build the next generation of self-driving technology. With a world class team, based in Toronto and California, and an innovative approach that unleashes the power of AI to “drive” safely in the real world, Waabi is bringing the promise of self-driving closer to commercialization than ever before. Drawn to Raquel's unique vision and the deep expertise in AI, OMERS was an early and enthusiastic backer of Waabi's disruptive technology. OMERS joined a set of best-in-class investors across the technology, logistics and the Canadian innovation ecosystem in funding one of the largest Series A rounds in Canada's history.

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OMERS First Investment


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Check out this post to learn more about why we chose to invest in Waabi,

Raquel Urtasun Headshot


Raquel Urtasun

Raquel Urtasun is Founder and CEO of Waabi, an AI company building the next generation of self-driving technology. Waabi is the culmination of Raquel’s 20 year career in AI and 10 years of experience building self driving solutions.

Raquel is also a Full Professor in the Department of Computer Science at the University of Toronto, a co-founder of the Vector Institute for AI and the recipient of several high profile awards including an NSERC EWR Steacie Award, two NVIDIA Pioneers of AI Awards, three Google Faculty Research Awards, an Amazon Faculty Research Award, two Best Paper Runner up Prize awards at CVPR in 2013 and 2017 and more. In 2018, Raquel was named Chatelaine Woman of the year and one of Toronto's top influencers by Adweek magazine.

The OMERS team