Global Self-Driving Car Startups Report -2018 Edition

    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)

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Summary

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

ARBE Robotics
Autotalks
Starsky Robotics
Drive.ai
NAVYA
EasyMIle
Five.ai
Momenta.ai
ClearMotion
Zoox
NuTonomy(Delphi)
Nauto
Cruise Automation (General Motors- GM)
Argo AI
AuroRobotics (Ride cell)
Pony.ai
Innoviz
Optimus Ride
Oryx Vision
AImotive

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.

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