The report profiles the top 20 Self-Driving car technology start-ups It discusses the top VC investors active in this space. It also provides an independent outlook of Autonomous Vehicle developments in North America, Europe, China and Singapore.
BANGALORE, INDIA, April 05, 2018 /24-7PressRelease/ —
Highlights of the report
1.More than 200 investors have invested $2.2 billion cumulatively in these 20 start-ups over past 5 years.
2.About 80% of the total funding ($1.7 billions) has been raised by California, US based startups, followed by 18% in Europe and 2% by China.
3.4 out of 20 start-ups belong to Israel, who have cumulatively raised $230 million till date.
4.A large number of start-ups have received much higher valuation in recent times than ever, primarily due to a few big ticket acquisitions by auto OEMs.
5.The top 15 VCs in autonomous vehicle tech since 2012, including investment count
Motus Ventures (6)
Andreessen Horowitz (5)
Draper Associates (4)
Trucks Venture Capital (8)
Cottonwood Technology Fund (4)
Download sample of this report – http://bit.ly/2GvBLI1
In 2017, these 20 start-ups raised a funding of more than $1 billion, which is more than 100% increase compared to 2016. The total funding of all self-driving start-ups from both private and corporate investors has gone pas $5.5 billion as of March 2018.The digitization is also fuelling the prospects of autonomous on demand ride hailing taxis. It is worth mentioning that only few of the start-ups are generating revenue and some are yet to showcase a clear path to scale up and ultimately become profitable.
US is considered to be leading the way in terms of legislation for driverless vehicles. States in America including Nevada, Florida, California and Michigan have already passed laws concerning driverless cars. However, 15 states had bills on automated driving which have failed. The automotive and technology firms in US have invested somewhere in the $35 billion to ~$45 billion range in self-driving technology in recent years, mainly through acquisitions and partnerships
In Feb 2017, Nissan conducted on road autonomous vehicle testing in London, UK which set the tone for partial autonomous features introduction in two of its best –selling vehicles; Nissan Qashqai and leaf. Ford is expected to expand its on-road testing of autonomous cars to Europe in 2018. The self-driving cars wave has also spread to the East European countries like Latvia where it is also betting its place as a hub for autonomous car testing in Europe.
Companies(Start-ups) profiled in the report
Cruise Automation (General Motors- GM)
AuroRobotics (Ride cell)
This report also includes
1.Profiles of 20 self-driving car start-ups including funding history, business model, list of investors, growth goals and recent developments
2.Insights about investors active in the space
3.The self-driving car start-up scene in US.Europe,Singapore and China
4.Legislations and new developments in the self-driving car industry in Asia, Europe and US
This report can be customized to suit any requirement without any additional charges.
To purchase click http://bit.ly/2GvBLI1
We are a Market Research firm specialized in mobility domain(s). Our zone of research entails Automotive, Aerospace, Marine, Locomotive, Logistics and Transportation. We deal in syndicated research, custom research and consumer research for all the aforementioned domains.
Visit us at https://mobilityforesights.com/
Follow us on
Twitter – https://twitter.com/MForesights
For the original version of this press release, please visit 24-7PressRelease.com here