Great British Billion-Pound Businesses

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20

Alex Kendall

Wayve

£2.3 billion

Alex Kendall

Job Title
CEO

Founding Age
25

Current Age
32

Education Level
Cambridge University, Ph.D. in deep learning, computer vision & robotics

Previous Profession
Software engineer

Social Media Profile
LinkedIn

Wayve

Industry
Technology

Revenue
0

Profit
(£34.8m)

Founded
2017

HQ
London, UK

Website
wayve.ai

New Zealand-born Kendall and fellow Cambridge University PhD student Amar Shah took their own road when they launched their software developer for driverless cars. At the time most players in this field were feeding rules into computers to account for every possible driving eventuality. By contrast Wayve’s artificial intelligence-powered technology harnesses videos and data from real life to “teach” autonomous vehicles how to drive. This ensures driverless cars and vans can navigate any environment and respond better to surprises, such as a pedestrian straying into traffic. In 2024, Wayve attracted more than $1bn (£830m) of new investment from SoftBank, Microsoft and Nvidia. Although the price put on Kendall’s London-based firm by this fundraising was not made public, an earlier round valued the business at £2.3bn.

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