Uber Raises $4 billion Series G
Uber raised $4B in Series G financing led by Saudi Arabia PIF, with participation from Saudi Arabia PIF, Toyota, China Life. Ride-hailing platform. The new capital is framed around China market expansion and driver incentives.
Series G$4 billionTotal tracked $7 billionSan Francisco, CA
What it does
Ride-hailing platform. The business sits in Mobility & Transportation, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.
Traction
Largest single VC check at the time. Management framed the new capital around China market expansion and driver incentives.
Trend impact
MD-grade thesis held: available source material is not specific enough to support a non-generic investor-economist read without overclaiming.
Funding history
- Recent · Series G · $4 billion · Saudi Arabia PIF
- Recent · Growth Round · $2 billion · Various
- Recent · Series F · $1 billion · Goldman Sachs