Tracxn - Smart Cars Startup Landscape

Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report – Smart Cars - Dec 2018
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
2
TAKE SHARPER DECISIONS
WITH TRACXN
✓ Analyst team Covering 250+ Sectors
✓ Proprietary Business Model tagging
✓ 6000+ On-demand Queries answered
✓ Sector Reports, Market Maps
✓ One-Click Connect with Founders
Join 500+ Investors & Corporates to get the
Tracxn Advantage

Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
3
Feed Summary
Investment Trend Summary
Exit Outlook Summary
BlueBox
Summary of Key Markets
Notable Companies in the Sector
Recent News

Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on December 18, 2018.
Smart Cars Feed Summary
4
Smart Cars > Feed Summary
Companies providing autonomous vehicles and enabling technologies, connected car technologies, driving assistance
systems, infotainment, safety & security, and fleet management solutions for connected cars
• Inclusions: Smart cars would include connected car technology
including enablers, telematics focused on cars, platforms,
hardware, software and services providers. It would include
driving assistance providers including navigation, data or
technologies assisting the driver. It would also include car security
technology including physical car security, driver safety and
cybersecurity. It would include OBD-based service, platform or
technology providers. It would focus on autonomous (self-driving)
technology including manufacturers, full-stack system providers,
fleet management solutions, and technologies enabling
autonomous driving.
• Exclusions: Automotive software service providers, mechanical
parts suppliers, service and technology providers to automotive
OEMs which do not support connected or autonomous cars.
• Excludes funding information of Chinese companies Feed in Numbers
Overview
$15.8B
Funding
63
Mega
Companies
5201433
FundedCovered on
Tracxn
8
Unicorns
35
Soonicorns
52
Minicorns
45
IPO’d Cos
197
Late Stage Cos
45
108
Acquisitions
118
DeadPooled
1
Acquihired
Series A+ Cos
Waymo
(2016, Mountain View)
Harman
International
(1980, Stamford)
Tesla
(2003, Palo Alto, $454M)
Top Companies

Investment Trend Summary
Summary of Funding Activity in Smart Cars
5
$2.2B - PE
Cruise Automation(2013, San Francisco, $3B)
$550M - PE
Faraday Future (2014, Gardena, $4.4B)
$2B - PE
$500M - Series B
Zoox (2013, Menlo Park, $800M)
$1B - PE
$500M - Series B
Byton (2016, San Francisco, $500M)
$800M - PE
$159M - Series B
Nauto (2015, Palo Alto, $171M)
$750M - PE
Cruise Automation(2013, San Francisco, $3B)
$128M - Series A
Roadstar (2017, Mountain View, $138M)
Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend
*YTD *YTD
Smart Cars > Feed Summary > Investment Trend Summary
Seed
Motus Ventures (#4), Right Side Capital Management (#4), Trucks
Venture Capital (#3)
Series A/B Intel Capital (#8), Maniv Mobility (#7), Sequoia Capital (#5)
Series C+ Samsung Catalyst (#2), Intel Capital (#1), Fontinalis Partners (#1)
Incubators Y Combinator (#15), Techstars (#13), MassChallenge (#11)
Other Notable
Investors
Delphi Automotive (#5), Denso Corporation (#4), Ford (#4)
Debt Investors
Western Technology Investment (#6), BEST Funds (#2), British
Business Bank (#1)
Most Active InvestorsRecent Investments
122
179
194
244
165
29
2013 2014 2015 2016 2017 2018*
Y-o-Y # of Companies Founded 61 60 73 109 128 128
$13B
$1.3B
$879M
$201M
$48M
US
Israel
Europe
Canada
India
$ Funding
$630M $286M $473M
$1.1B
$3.1B
$8.4B
2013 2014 2015 2016 2017 2018*
$ Funding # Rounds

Summary of exit outlook in Smart Cars
Exit Outlook Summary
66
Most Active AcquirersTop Investors in Exits
Samsung Venture
Investment
2
Quanergy (2012, Sunnyvale, $160M)
nuTonomy (2013, Boston, $19.6M)
Y Combinator 2
Cruise Automation (2013, San Francisco, $3B)
Automatic (2011, San Francisco, $32M)
Qualcomm Ventures 2
Waze (2007, Tel Aviv, $67M)
DFJ 2
Tesla (2003, Palo Alto, $454M)
Intel Capital 2
Jungo (1998, Netanya, $5.5M)
HERE (1985, Amsterdam)
Aug 2017 Mobileye Acq by Intel for $15.3B
Mar 2017 Harman International Acq by Samsung for $8B
Aug 2016 Fleetmatics Acq by Verizon for $2.4B
Mar 2016 Cruise Automation Acq by General Motors for $1B
Aug 2015 HERE Acq by BMW for $3.1B
Jan 2015
Symphony Teleca Acq by Harman International for
$950M
Smart Cars > Feed Summary > Exit Outlook Summary
Harman
International
4
Symphony Teleca (Jan 2015, $950M), Red Bend (Jan 2015,
$170M), iOnRoad (Apr 2013)
Continental 4
Elektrobit (May 2015, $671M), Argus Cyber Security (Nov
2017), Advanced Scientific Concepts (Mar 2016)
Delphi
Automotive
4
nuTonomy (Oct 2017, $450M), Movimento (Jan 2017),
Ottomatika (Aug 2015)
Intel 3
Mobileye (Aug 2017, $15.3B), YogiTech (Apr 2016), Itseez (May
2016)
Verizon 3
Fleetmatics (Aug 2016, $2.4B), Hughes Telematics (Jun 2012,
$612M), Telogis (Jun 2016)
Recent IPOs Top Acquisitions
EnGIS Technologies Jul 2016
Navigation software & smartphone apps and…
IPO MCap: $27.7M
ESV Dec 2015
Mapping solutions for autonomous vehicles…
IPO MCap: $56.4M
Mobileye Aug 2014
Vision-based advanced driver assistance s…
IPO MCap: $5.3B
Greater Than Jun 2014
Usage-based vehicle insurance
IPO MCap: -
Navya Technology Jul 2018
Autonomous electric shuttle for mobility
IPO MCap: $222M
Veoneer Jun 2018
Developer of advanced automotive sensors…
IPO MCap: -
MOTREX Aug 2017
Car infotainment system provider
IPO MCap: $188M
Foresight Automotive Jun 2017
3D multi-camera-based Advanced Driver Ass…
IPO MCap: -

FACTSHEET
Overview
Companies 1433
Funded 520 Series A+ 197
Funding $15.8B Last 2 yrs $11.5B
Most Active Investors
Seed Motus Ventures (4)
Series A/B Intel Capital (8)
Series C+ Samsung Catalyst (2)
Others Delphi Automotive (5)
Incubators Y Combinator (15)
Top Cities
Bay Area 168 Cos $7.5B
Gardena 1 Cos $4.4B
Feed in Numbers
Unicorns 8 Soonicorns 35
Minicorns 52 Editor Picks 211
Acquihired 1 Deadpooled 118
Top Companies
Waymo (2016, Mountain View)
Harman
International
(1980, Stamford)
Exits
IPOs 45 Mobileye, Navya Technology
Acquisitions 108 Mobileye, Harman
International
Top Acquirers Harman International,
Continental
Marketmap: Smart Cars
CONNECTED CARS
ENABLERS
APPLICATIONS
CONNECTED CAR PLATFORMS
DATA & ANALYTICS
V2X*
ON-BOARD DIAGNOSTICS
USAGE-BASED INSURANCE*
IN-VEHICLE INFOTAINMENT
VEHICLE & PASSENGER SAFETY
VEHICLE CYBERSECURITY
AUTONOMOUS VEHICLES
SHUTTLES
SELF-DRIVING ENABLERS
VEHICLE MAKERS
FULL-STACK SYSTEM*
DECISION-MAKING SOFTWARE*
PERCEPTION*
MAPPING & LOCALIZATION
For any Feedback and Query reach out to MyAnalyst@tracxn.com
* Upcoming Business Model
Funding data excludes Debt, Grants & Post-IPO rounds. Excludes all details for Chinese companies
Smart Cars > Feed Summary > BlueBox
7

Key Sub Sectors in Smart Cars Sector
Summary of Key Markets
8
Top Markets of Investment Activity
# Cos on
Platform
Last 2 Years
$ Invested # Round
Autonomous Vehicles Technologies >
Enabling Technologies > Vision Solutions >
Sensors >
LiDARs
35 $536M 26
Enabling Technologies > Self-Driving
Technology >
Full-Stack System
34 $3.4B 16
Enabling Technologies > Self-Driving
Technology >
Software
53 $472M 20
Enabling Technologies >
Simulation Solutions
36 $81.9M 16
Enabling Technologies >
Mapping
18 $133M 9
Enabling Technologies > Vision Solutions >
Sensors >
RADARs
18 $81.1M 10
Usage-Based Insurance >
Analytics-Based 41 $179M 6
Connected Car Technologies >
V2X Solutions 49 $81.5M 8
Sub Sectors
# Cos
Tracked
#
Funded
Total
Funding
Autonomous Vehicles Technologies
Companies that manufacture autonomous vehicles or
provide technologies to enable autonomous...
369 186 $12.6B
Connected Car Technologies
Companies providing technologies enabling connected
cars and applications based on them....
190 76 $760M
Usage-Based Insurance
Companies providing telematics-based usage-based
insurance solutions to the automotive...
82 31 $739M
Safety & Security
Companies providing solutions for safety & security of
the vehicle, driver, and passengers
438 109 $722M
In-Vehicle Infotainment
Companies providing in-car infotainment systems and
technologies
228 74 $475M
Fleet Management
Companies providing telematics-based fleet
management solutions for a fleet of connected...
83 30 $424M
Motorcycles
Companies providing technology-related connected
solutions for motorcycles
43 14 $17.2M
Smart Cars > Feed Summary > Summary of Key Markets

List of Notable Companies in Smart Cars
Notable Companies in the Sector (1/2)
9
Note: *(Founded Year, Location, Total Funding)
Smart Cars > Feed Summary > Notable Companies in the Sector
Public
Aptiv
(1995, Dublin)*
Luxoft
(2000, Zug)
Link Motion
(2014, Tampere, $10M)
MiX Telematics
(1996, Midrand)
Telenav
(1999, Sunnyvale, $30M)
Rambus
(1990, Sunnyvale)
Navya Technology
(2014, Paris, $38.5M)
MOTREX
(2001, Seoul)
MDS Technology
(1994, Seongnam-si)
MCNEX
(2004, Seoul)
Public
ESV
(2011, Gangnam)
InfoBank
(1995, Seongnam-si)
EnGIS Technologies
(1998, Seoul)
Tesla
(2003, Palo Alto, $454M)
AgJunction
(2008, Hiawatha, $60.5M)
Smart Eye
(1999, Gothenburg, $3.9M)
Nuance
Communications
(1992, Burlington)
Connexion Media
(2014, Melbourne)
DAESUNG ELTEC
(1973, Pyeongtaek)
Seeing Machines
(2001, Braddon)
Public
TomTom
(1991, Amsterdam)
Veoneer
(2018, Stockholm)
Fingerprint Cards
(1997, Gothenburg)
Foresight Automotive
(1977, Rehovot)
Sierra Wireless
(1993, Richmond)
Tata Elxsi
(1989, Bangalore)
Terranet
(2004, Lund)
Trakm8
(2001, Shaftesbury)
E-LEAD
(1983, Changhua)
Zenrin
(1948, Fukuoka)
Public
Alpine
(1967, Melbourne)
BSM Wireless
(1996, Toronto)
CalAmp
(1981, Irvine)
Cobra Electronics
(1951, Chicago)
Greater Than
(2004, Stockholm)
Iteris
(1968, Santa Ana)
Parrot Automotive
(2015, Paris)
Q-Free
(1984, Trondheim)
Visteon
(2000, Detroit)
Acquired
Mobileye
(1999, Jerusalem, $530M)
Harman International
(1980, Stamford)
HERE
(1985, Amsterdam)
Fleetmatics
(2004, Waltham, $108M)
Waze
(2007, Tel Aviv, $67M)
Cruise Automation
(2013, San Francisco, $3B)
Symphony Teleca
(2002, Mountain View)
Clarion
(1940, Saitama)
Otto
(2016, San Francisco)
Elektrobit
(1988, Erlangen)

List of Notable Companies in Smart Cars
Notable Companies in the Sector (2/2)
10
Smart Cars > Feed Summary > Notable Companies in the Sector
Acquired
Hughes Telematics
(2007, Atlanta, $74.8M)
Octo Telematics
(2002, London)
nuTonomy
(2013, Boston, $19.6M)
NovAtel
(1978, Calgary)
OPTIS WORLD
(1989, La Farlede)
Red Bend
(1999, Hod Hasharon, $34M)
Insure The Box
(2010, Gibraltar)
LoJack
(1978, Canton)
Jungo
(1998, Netanya, $5.5M)
Automatic
(2011, San Francisco, $32M)
Unicorns
Zoox
(2013, Menlo Park, $800M)
Quanergy
Root
(2015, Columbus, $158M)
Deadpooled
RoyalTek (1997, Taoyuan
City)

List of Notable Companies by Market in Smart Cars
Notable Companies by Market (1/12)
12
Smart Cars > Feed Summary > Notable Companies by Market
Autonomous Vehicle Makers
Developer of electric supercar
Soonicorn. Stage: Funded
INNOVATUS CAPITAL PARTNERS, Lancapital,
LeEco
Autonomous mobility company developing fully
autonomous electric vehicle
Unicorn. Stage: Series B
Mike Cannon-Brookes, Fred Hu, Blackbird Ventures
and 9 Other Investors
Semi autonomous vehicle manufacturer
Soonicorn. Stage: Series B
FAW Group Corporation, Enlighten Holdings, CATL
Battery
Autonomous Vehicle Makers
Developer of electric cars
Unicorn. Stage: Public
Tencent, Deutsche Bank, California Energy
Commission and 28 Other Investors
Nuro.ai (2016, Menlo Park, $92M)
Self-driving delivery vehicle for local commerce
Soonicorn. Stage: Series A
Greylock Partners, Banyan Capital Partners,
ZhenFund
Navya Technology (2014, Paris, $38.5M)
Autonomous electric shuttle for mobility
Minicorn. Stage: Public
European Investment Bank, Keolis, Valeo and 5
Other Investors
Enabling Technologies
Highway pilot system
Unicorn. Stage: Acquired
Honda, SoftBank Investment Advisers, Qualcomm
Ventures and 18 Other Investors
Mobileye (1999, Jerusalem, $530M)
Vision-based advanced driver assistance systems
Decacorn. Stage: Acquired
BlackRock, Fidelity Investments, Wellington
Management and 17 Other Investors
Pony.ai (2016, San Francisco, $214M)
Developing autonomous driving technology
platform
ClearVue Partners, Eight Roads Ventures, Green
Pine Capital Pariners and 17 Other Investors

13
Real-time 3D mapping & object recognition using
LiDAR
Unicorn. Stage: Series C
Motus Ventures, Delphi Automotive, Samsung
Venture Investment and 14 Other Investors
Velodyne LiDAR (2005, Morgan Hill, $150M)
Real-time 3D sensing and mapping, LiDAR Sensors
used in autonomous vehicles
Ford, Baidu
LeddarTech (2007, Quebec City, $140M)
Develops and markets sensing solutions based on
light emitting diode (LED) lighting systems
Soonicorn. Stage: Series C
Desjardins – Innovatech, Desjardins, OSRAM Group
AI-based solutions for level 4 autonomous driving
technologies
Shenzhen Capital Group, Wu Capital, Yunqi
Partners and 5 Other Investors
Aurora Innovation (2016, San Francisco,
$93.1M)
Self driving technology startup
Index Ventures, Greylock Partners
DeepMap (2016, Palo Alto, $92M)
Builds software to perform mapping and
localization for autonomous cars
Generation Investment Management, Andreessen
Horowitz, Accel Partners and 6 Other Investors
Innoviz Technologies (2016, Kfar Saba, $82M)
Low-cost high definition solid-state LiDAR
Magna, 360 Capital Partners, Glory Ventures and 11
Other Investors
Peloton Tech (2011, Menlo Park, $78.4M)
Vehicle system for safety, fuel savings and analytics
to trucking fleets
Omnitracs, Intel Capital, Breakthrough Fuel and 18
Other Investors
Oryx Vision (2010, Petah Tikva, $67.3M)
Depth sensing technology for autonomous vehicles
Third Point Ventures, Union Tech Ventures,
Bessemer Venture Partners and 3 Other Investors

14
AEye (2013, Pleasanton, $61.6M)
Developing vision system for autonomous vehicles
Kleiner Perkins, Intel Capital, Airbus Ventures and
6 Other Investors
AgJunction (2008, Hiawatha, $60.5M)
Hardware and software integrated systems for
precision agriculture
Editor's Pick. Stage: Public
Patricia Industries, Sierra Ventures
AIMotive (2015, Budapest, $48.5M)
Artificial intelligence software to enable self-
driving cars
B Capital Group, Prime Ventures, Cisco Investments
Swift Navigation (2012, San Francisco, $47.6M)
Low cost, open source real time kinematics GPS
receivers
Forest Baskett, Greg Papadopoulos, First Round
Capital and 12 Other Investors
Mighty AI (2014, Seattle, $27.3M)
Training Data as a Service for AI algorithms
Intel Capital, GV, Foundry Group and 3 Other
Investors
nuTonomy (2013, Boston, $19.6M)
Self-driving cars and autonomous robots
Soonicorn. Stage: Acquired
Highland Capital Partners, Fontinalis Partners,
Signal Ventures and 3 Other Investors
HERE (1985, Amsterdam)
Maps, network planning, asset management, and
workforce management solutions provider
Editor's Pick. Stage: Acquired
Bosch, Intel Capital, Continental
TomTom (1991, Amsterdam)
Navigation and location based products
Soonicorn. Stage: Public
Cyrte Investments
OPTIS WORLD (1989, La Farlede)
Design solutions for automotive OEMs
Veoneer (2018, Stockholm)
Developer of advanced automotive sensors & safety
systems

15
Foresight Automotive (1977, Rehovot)
3D multi-camera-based Advanced Driver Assistance
Systems
Stage: Public
Mika Ventures
ESV (2011, Gangnam)
Mapping solutions for autonomous vehicles
Stage: Public
Kolon Investments
Zenrin (1948, Fukuoka)
Develops maps, map databases and software
related to their Geospatial System.
Stage: Public
Aptiv (1995, Dublin)
Autonomous driving software and network
architecture provider
Stage: Public
NovAtel (1978, Calgary)
High precision OEM Global Navigation Satellite
System (GNSS) positioning technology
Stage: Acquired
Otto (2016, San Francisco)
Highway cruise control for trucks and rigs
Stage: Acquired
Fleet Management Solutions
Ridecell (2008, San Francisco, $87.7M)
SaaS for Field Force & Fleet Automation
Raj Atluru, Sony Innovation Fund, Ally Bank and 14
Other Investors

16
Network Enablers
TTTech (1998, Vienna, $175M)
Determinisitc ethernet and connectivity solutions
Samsung, Audi, GE Ventures and 2 Other Investors
Hughes Telematics (2007, Atlanta, $74.8M)
Automotive Connectivity Solutions using telematics
Stage: Acquired
Apollo Global Management
Sierra Wireless (1993, Richmond)
SIMs, Embedded and gateway solutions for IoT
Stage: Public
Tera Capital, Granite Ventures, CampVentures
Elektrobit (1988, Erlangen)
Embedded software for automotive sector
Stage: Acquired
Iteris (1968, Santa Ana)
Solutions for the intelligent traffic systems (ITS)
and the precision agriculture
Stage: Public
OTA Updates
Red Bend (1999, Hod Hasharon, $34M)
Device management software & services
Coral Capital Management, Pitango Venture Capital,
Infinity Group and 5 Other Investors
Connected Car Platform
Airbiquity (1997, Seattle, $35.4M)
Cloud platform for connected car services
Ignition Partners, Acorn Ventures

17
Data Management
Telenav (1999, Sunnyvale, $30M)
Mobile location-based services
Stage: Public
Menlo Ventures, IGlobe Partners, Sycamore
CalAmp (1981, Irvine)
Mission Critical Wireless Access
Stage: Public
Symphony Teleca (2002, Mountain View)
SaaS Cloud Enterprise, Mobility and IoT Solutions
Stage: Acquired
Five Elms Capital, Staley Capital Management
V2X Solutions
Autotalks (2008, Kfar Saba, $80M)
Developer of integrated V2V and V2I
communication technologies
Soonicorn. Stage: Series E
Hyundai Motor Company, Fraser McCombs Capital,
Vintage Investment Partners and 10 Other
Investors
Terranet (2004, Lund)
Mesh network for IoT and M2M applications
Stage: Public
Q-Free (1984, Trondheim)
Provider of intelligent transport system solutions &
services
Stage: Public
Hardware
WayRay (2012, Lausanne, $114M)
Holographic car navigation
Porsche, Hyundai Motor Company, Alibaba Group
DAESUNG ELTEC (1973, Pyeongtaek)
Manufacturer of automotive electronics &
infotainment systems
STIC Investments
Harman International (1980, Stamford)
Connected car & lifestyle audio products company
Bessemer Venture Partners
E-LEAD (1983, Changhua)
Manufacturer and supplier of automotive
infotainment & electronics
Stage: Public
WK Technology Fund

18
Hardware
Alpine (1967, Melbourne)
Car audio and navigation/infotainment systems
Stage: Acquired
Elliott Management
Clarion (1940, Saitama)
Manufacturer of automotive electronic systems
Stage: Acquired
MOTREX (2001, Seoul)
Car infotainment system provider
Stage: Public
Parrot Automotive (2015, Paris)
Connected vehicle infotainment solutions
Stage: Public
UMC Capital
RoyalTek (1997, Taoyuan City)
Satellite positioning, wireless communication, and
Internet of Vehicles technologies
Stage: Deadpooled
Hardware
Visteon (2000, Detroit)
Vehicle cockpit electronics products and connected
car solutions
Stage: Acquired
TMD Creative
Software
Waze (2007, Tel Aviv, $67M)
Social driving and navigation app
Horizons Ventures, Kleiner Perkins, Magma
Venture Partners and 4 Other Investors
Link Motion (2014, Tampere, $10M)
Integrated software and hardware platform for
connected car
Ventures Lab, Ceyuan Investment Consulting
Jungo (1998, Netanya, $5.5M)
IVI Multimedia Connectivity Solutions
Stage: Acquired
Partech, TeleSoft Partners, Infineon Ventures and 4
Other Investors
Connexion Media (2014, Melbourne)
Software apps for web connected cars, mobile
devices and connected consumer electronics
Lucerne Investment Partners

19
Software
Tata Elxsi (1989, Bangalore)
Design & technology services provider for product
engineering
Stage: Public
EnGIS Technologies (1998, Seoul)
Navigation software & smartphone apps and OTA
software upgrade solutions for the automotive
industry
Stage: Public
InfoBank (1995, Seongnam-si)
Mobile solution technology company
Stage: Public
Hyundai Venture Investment
Luxoft (2000, Zug)
Outsourcing Services
Stage: Public
VTB Capital Investment Management
Software
MDS Technology (1994, Seongnam-si)
End-to-end embedded solutions for automotive &
other industries
Stage: Acquired
Kolon Investments, Lindeman Asia Investment,
STIC Investments
Content & Related Services
Inrix (2004, Kirkland, $133M)
Transportation information and analytics provider
ORIX, Intel Capital, Porsche and 8 Other Investors

20
Safety & Security
Accident Detection & Notification
Life360 (2008, San Francisco, $89.7M)
Mobile app that connects family members and close
friends
ADT, Duchossois Capital Management, Fontinalis
Driver Fatigue & Alcohol Detection
Smart Eye (1999, Gothenburg, $3.9M)
Eye Tracking systems and software
Stage: Public
Fouriertransform
Biometric Authentication
eyeSight (2005, Herzliya, $50M)
Gesture recognition technology provider
Jebsen Asset Management, Arie Capital, Mizrahi
Bank and 7 Other Investors
Nuance Communications (1992, Burlington)
Provides various linguistic solutions for enterprises
Canvas Ventures, Motorola Mobility, Intel and 9
Other Investors
Fingerprint Cards (1997, Gothenburg)
Develops and produces biometric components and
technologies
Stage: Public
Piper Jaffray, Carnegie, Spiltan

21
Safety & Security
Dash Cams
Driver monitoring & collision avoidance system
using smartphone
Greylock Partners, BMW i Ventures, GM Ventures
MCNEX (2004, Seoul)
Manufacturer of various camera modules
KTB Ventures
Cobra Electronics (1951, Chicago)
Designer & manufacturer of dash cams & car
accessories
Stage: Acquired
OBD-Based
Automatic (2011, San Francisco, $32M)
Smart driving assistant
Stage: Acquired
USAA, Amicus Capital, Y Combinator and 14 Other
Investors
Sensors & Devices
Seeing Machines (2001, Braddon)
Eye Movement Tracker to check Fatigue and
Distraction
Government of Australia, V.S. Industry, Herald
Investment Management
LoJack (1978, Canton)
Safety and security products and services for
tracking and recovering mobile assets
Stage: Acquired

22
Safety & Security
Vehicle Cybersecurity
Mocana (2004, San Francisco, $98.1M)
IoT device and application security platform
Sway Ventures, Shasta Ventures, Trident Capital
Arxan (2001, Bethesda, $17M)
RASP based security for server, endpoint & IoT
Solstice Capital, Trident Capital, Legend Ventures
Rambus (1990, Sunnyvale)
Licensor of RDRAM technology and other IP
solutions
Stage: Public
Mohr Davidow Ventures, Kleiner Perkins
Fleet Management
Horizontal
Telogis (2001, Aliso Viejo, $141M)
Connected vehicle technology
GM Ventures, Fontinalis Partners, Cross Creek
Advisors and 2 Other Investors
Fleetmatics (2004, Waltham, $108M)
Cloud based solutions for fleet and workforce
tracking and management
New Amsterdam Growth Capital, Pritzker Group,
Investcorp and 1 Other Investors
Roadnet (1983, Towson, $43M)
Fleet management solutions
Bregal Sagemount
MiX Telematics (1996, Midrand)
SaaS-based fleet and mobile asset management
solution
Stage: Public
Horizontal
Trakm8 (2001, Shaftesbury)
Vehicle Tracking and Fleet Management Solutions
Stage: Public
Microlise
BSM Wireless (1996, Toronto)
Construction vehicle and equipment Tracking, Fleet
Management, M2M Solutions, Rail car, rail yard, and
equipment Tracking
Stage: Public
BEST Funds

23
Fleet Management
Driver Management
GreenRoad (2004, Holon, $81.5M)
OBD system for fleet management through
telematics
Generation Investment Management, Amadeus
Capital, Benchmark Capital and 6 Other Investors
Device-Based
Metromile (2011, San Francisco, $296M)
Usage based car insurance
Tokio Marine Holdings, Intact Financial, Index
Mobiliz (2004, Ankara, $172M)
OBD-based device to monitor or track fleets
Mediterra Capital
Greater Than (2004, Stockholm)
Usage-based vehicle insurance
Stage: Public
Insure The Box (2010, Gibraltar)
Usage based insurance provider
Stage: Acquired
Analytics-Based
Root (2015, Columbus, $158M)
Car insurance startup using telemtatics
Unicorn. Stage: Series D
Redpoint Ventures, Ribbit Capital, Scale Venture
Octo Telematics (2002, London)
Telematics solutions for Insurance market
Tamburi Investment Partners, Amadeus Capital,
Pamplona Capital Management and 1 Other
Investors

List of Notable Companies in Smart Cars in China
Notable Companies in the Sector in China
24
Smart Cars > Feed Summary > Notable Companies in the Sector in China
Public
Borqs
(2007, Beijing, $50M)
China TSP
(2007, Beijing, $15M)
Joyson Electronics
(2004, Ningbo)
Autotronics
(2004, Hangzhou)
Acquired
Laird
(1991, Hong Kong)
AutoNavi
(2002, Beijing)
Unicorns
NIO
(2014, Shanghai, $2.2B)
Youxia Motors
(2014, Shanghai, $1.3B)
Horizon Robotics
(2015, Beijing, $1.1B)
Momenta
(2016, Beijing, $200M)

Recent News in Smart Cars Sector
Recent News
25
Dec 2018
Tested: TomTom Rider 550 For The Adventurer at Heart, TU-
Automotive
Dec 2018
Foresight and RH Electronics to Join Forces for a Strategic Alliance,
Business Wire
Dec 2018
Trak Global accelerates with North America deal,
insurancebusinessmag.com
Dec 2018
Researchers Perform Analog, Wave-based Computations Using Wi-
Fi Signals, EverythingRF
Dec 2018
Can The Kia Stinger GT S Beat The Entry-Level Tesla Model S In A
Straight Line?, Carscoop
Dec 2018
Tesla's Year-Over-Year Sales Almost Hits the 600 Percent Growth
Milestone, FutureCar
Dec 2018
Tesla Seeks $167 Million In Damages From Whistleblower Ex-
Employee, Carscoop
Dec 2018
Tesla's utility-sized Megapack battery may debut in California,
Engadget
Dec 2018
Tesla puts more cars on sale to maximize $7,500 EV tax credit,
Engadget
Dec 2018
Luxoft to showcase its latest autonomous and connected mobility
concepts at CES 2019, TELEMATICS WIRE
Dec 2018
Tech from self-driving cars could solve border security without
Trump's $5 billion wall, CNBC
Dec 2018
Open Source WayRay AR Beta Promises Improved In-Car
Experience, TU-Automotive
Key Recent News Key Recent News
Dec 2018
INFINITI To Preview Future All-electric Crossover in Detroit, Electric
Cars Report
Dec 2018 Tesla cuts China prices after tariff drop on U.S.-made cars, Reuters
Dec 2018
1967 Mustang meets Tesla: Aviar Motors all-electric muscle car,
Electrek
Dec 2018
Wonolo and Waze Carpool Partner for First-Ever Gig Worker
Ridesharing Program, Technology-Signals
Dec 2018
Faraday Future CEO Ownership Stake Frozen by Federal Judge in
California, FutureCar
Dec 2018 Startup to test alert system in GR, Grand Rapids Business Journal
Dec 2018
Icomera, Prevost partner to deliver all-inclusive onboard
entertainment, Metro Magazine
Dec 2018
Airbiquity reinforces the security and data analysis features of
OTAmatic, IoT Now
Dec 2018
Karamba Security of Bloomfield Hills to Demonstrate Live Car
Hacking at CES; Adds Ford’s Neil Schloss to Board of Directors TIM
KEENAN, DBusiness Magazine
Dec 2018
RoboSense achieves another landmark, named as a founding
member of The Autoware Foundation, Geospatial Media and
Communications
Dec 2018
Boost For Retrofit Connectivity with Tantalum Acquisition, TU-
Automotive
Dec 2018
Tesla will revolutionize consumer buying habits like Amazon and
Apple, analyst says, CNBC
Smart Cars > Feed Summary > Recent News

Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
26
Funding Trends
Median Deal Size and Trend
New Entrants in Funding Club
Distribution of companies by Funding Range
Funding Funnel of the Sector
Top Investments and Investors
Investors in Unicorn club

Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
Banking Tech
Nov 2018
Loyalty Software
Nov 2018
ERP
Nov 2018

Investments ($M) and number of rounds in Smart Cars; 2011-2018
Global Funding Trends (1/2)
28
Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Smart Cars > Investment Trends > Global Funding Trends
#Rounds
$Funding
3 Year CAGR
6 Year CAGR 29% # of Rounds63% $ Funding
30% # of Rounds
122% $ Funding
$168M $260M
$630M
$286M $473M
$1.1B
$3.1B
$8.4B
0
20
40
60
80
100
120
140
$0k
$1.B
$2.B
$3.B
$4.B
$5.B
$6.B
$7.B
$8.B
$9.B
2011 2012 2013 2014 2015 2016 2017 2018*
$ Funding # Rounds

8 16 36 36 32 55 53 46
11
9
18 16
33
44
66
68
7 5 7 8 8 10
9
14
2011 2012 2013 2014 2015 2016 2017 2018 YTD
Seed Early Stage Late Stage
26
128
Total # of Rounds
$12M $7M
$18M
$31M $12M
$58M $94M $99M
$23M $37M
$90M
$81M
$246M
$659M
$968M
$2.3B
$134M $215M $522M $173M $215M $364M $2.1B $6B
2011 2012 2013 2014 2015 2016 2017 2018 YTD
Seed Early Stage Late Stage
29
Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Stage-wise Number of RoundsStage-wise $ Invested
New Entrants in Funded Club
Global Funding Trends (2/2)
Investments ($M) and number of rounds in Smart Cars; 2011-2018
Smart Cars > Investment Trends > Global Funding Trends
20
30
31
34
56
60
51 282
$1.4M $4.6M
$0.0M
$2.0M
$4.0M
$6.0M
$8.0M
$10.0M
$12.0M
$14.0M
$16.0M
$18.0M
$20.0M
0
50
100
150
200
250
300
2012 2013 2014 2015 2016 2017 2018 YTD Total
Entrants in Funding Club Avg. Ticket Size
$1.4M $0.8M $1.4M $1.9M $3M $5.2M $18.7M $4.6M
$114M $197M $516M $193M $271M
$744M
$2.7B
$7.9B
0
5
10
15
20
25
30
35
0
1E+09
2E+09
3E+09
4E+09
5E+09
6E+09
7E+09
8E+09
9E+09
2011 2012 2013 2014 2015 2016 2017 2018 YTD
$ Funding # of Rounds
Mega Rounds
3 2 3 5 7 9 20 30
$168M
$8.4B
Total $ Invested

Smart Cars > Investment Trends > Funding Trends by Geography
Investments ($M) and number of rounds in Smart Cars
Funding Trends by Geography
Funding Trends by Geography Top Cities of Funding
City $ Funding # Rounds
Bay Area 7.5B 190
Gardena 4.4B 4
Jerusalem 530M 4
Tel Aviv 212M 29
Vienna 175M 5
Ankara 172M 1
Kirkland 166M 12
Columbus 158M 4
Kfar Saba 152M 7
Aliso Viejo 141M 7
Total Funding
409
84
145
34
19
8
3
8
# Rounds
$13B
$1.3B
$879M
$201M
$48M
$40.5M
$28.8M
$13.5M
US
Israel
Europe
Canada
India
Japan
Australia
South Korea
Note: Excludes funding information of China companies

Trend of Average Deal Size ($M)
$1.5
$0.5 $0.6
$1.2
$0.5
$1.5
$2.4
2011 2012 2013 2014 2015 2016 2017
$2.2
$4.3 $3.9
$7.3 $8.2
$16.1
$9.1
$3.5 $3.5
$7.4 $5.1
$14.3
$26.0
$37.1
$22.3
$53.8 $74.6
$34.7 $43.1 $52.0
$257.5
Smart Cars > Investment Trends > Median Deal Size and Trend
Median and Average Deal Size in $M (per Stage) in Smart Cars; 2011-2017
Median Deal Size and Trend
Note: Excludes funding information of Chinese companies. *Graph not to scale
Median Deal Size and Range
$15K* $36M
$150K $200M
$940K $500M
$15K $2.2B
$30M
$18M
$7M
$700K
Series C+
Series B
Series A
Seed
Stage

Note: 283 companies with undisclosed funding amount are not included
32
<$1M
$1-10M
$10-50M
$50-100M
$100M+
Funding Range
74
105
81
17
21
No. of Companies
Smart Cars > Investment Trends > Distribution of companies by Funding Range
No. of companies by funding range in Smart Cars; as of Dec 2018
Distribution of companies by Funding Range
$23M
$403M
$2B
$1.3B
$12B
$ Investment

Stage No. of Companies
Funding
Funnel
100%
36%
14%
6%
3%
33
Note: Numbers in the brackets show the count of companies
Time to raise
next round
45
88
197
520
1433
Series C+
Series B
Series A
Funded
Founded
Next
Round
100M+
Valuation
Exits
Acqui-
Hired
Dead
Pooled
Others
36% 7%
(94)
5%
(72)
0%
(1)
8%
(116)
56%
(796)
38% 16%
(83)
11%
(59)
0%
(1)
4%
(20)
58%
(302)
45% 26%
(51)
11%
(21)
- 1%
(1)
55%
(108)
51% 48%
(42)
18%
(16)
- - 49%
(43)
- 67%
(30)
31%
(14)
- - 31%
(14)
Smart Cars > Investment Trends > Funding Funnel
Number of companies progressing to subsequent funding stages in Smart Cars
Funding Funnel
15 Months
13 Months
32 Months
Investment backedBootstrapped
35
8
70
39
Soonicorns
Unicorns
Acquisitions
IPOs

Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Smart Cars > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Smart Cars; Dec 2016-Dec 2018
Notable Investments in last 24 months (1/12)
LATE STAGE
$2.2B - PE May 2018
SoftBank Investment Advisers
$2B - PE Jun 2018
$1B - PE Dec 2017
$800M - PE Nov 2017
$750M - PE Oct 2018
Honda
$550M - PE Feb 2018
LATE STAGE
$101M - Series C Sep 2017
OSRAM Group, Magneti Marelli, Delphi Automotive,
Integrated Device Technology, Fonds de solidarite
FTQ
$100M - Series D Aug 2018
Redpoint Ventures, Ribbit Capital, Scale Venture
Partners, Tiger Global Management, Silicon Valley
Bank, Drive Capital
$90M - Series E Jul 2018
Usage based car insurance
Tokio Marine Holdings, Intact Financial, Index
Ventures, Future Fund, Section 32, New Enterprise
Associates
LATE STAGE
$89.6M - PE Sep 2017
Samsung, Audi
$80M - Series C Sep 2018
Porsche, Hyundai Motor Company, Alibaba Group,
China Merchants Capital, JVC Kenwood Corporation,
swfinstitute, Russian Direct Investment Fund
$51M - Series C Mar 2018
Redpoint Ventures, Scale Venture Partners, Ribbit
Capital, Silicon Valley Bank

LATE STAGE
$38M - Series C Jan 2018
AIMotive (2015, Budapest, $48.5M)
Artificial intelligence software to enable self-driving
cars
B Capital Group, Prime Ventures, Cisco Investments,
Samsung Catalyst, Robert Bosch Venture Capital,
Inventure Academy, Draper Associates, Day One
Capital
$30M - Series D Mar 2017
Developer of integrated V2V and V2I
communication technologies
Fraser McCombs Capital, Vintage Investment
Partners, Magma Venture Partners, Gemini Israel
Ventures, Amiti Ventures, Mitsui Global, Liberty
Interactive, Delek Motors, Samsung Catalyst
$25.5M - Series C Nov 2018
LiDAR
LATE STAGE
$25M - Series C Dec 2016
Developer of integrated V2V and V2I communication
technologies
Magma Venture Partners
$23.8M - Series C Dec 2018
Desjardins – Innovatech
$18.5M - Series C Dec 2017
Life360 (2008, San Francisco, $89.7M)
Mobile app that connects family members and close
friends
$15M - Series C Oct 2018
eyeSight (2005, Herzliya, $50M)
Gesture recognition technology provider
Jebsen Asset Management, Arie Capital, Mizrahi
Bank
LATE STAGE
$11M - Series E May 2017
Mocana (2004, San Francisco, $98.1M)
IoT device and application security platform
Sway Ventures, Shasta Ventures, Trident Capital, GE
Ventures
$10M - Series D Jun 2017
technologies
PE Jun 2018
Series E Jul 2018
technologies
Hyundai Motor Company

LATE STAGE
Series C Jul 2017
OSRAM Group
EARLY STAGE
$500M - Series B Jul 2018
Mike Cannon-Brookes, Fred Hu, Blackbird Ventures
$500M - Series B Jun 2018
Semi autonomous vehicle manufacturer
FAW Group Corporation, Enlighten Holdings, CATL
Battery
Driver monitoring & collision avoidance system
using smartphone
Greylock Partners, BMW i Ventures, GM Ventures,
Toyota AI Ventures, Playground Global, Draper
Nexus, SoftBank Group, Allianz X
EARLY STAGE
$128M - Series A May 2018
technologies
Shenzhen Capital Group, Wu Capital, Yunqi Partners,
CMB International, Yuan Jing Capital
$112M - Series A Jan 2018
platform
Morningside venture Capital, Legend Capital,
Sequoia Capital, IDG Capital, Legend Star, Puhua
Capital, Polaris Capital, LLC, DCM Ventures, Comcast
Ventures, Silicon Valley Future Capital
$102M - Series A Jul 2018
platform
Pine Capital Pariners, China Merchants Capital,
Redpoint Ventures, Delong Capital, Sequoia Capital,
Morningside Ventures, DCM Ventures, Adrian Cheng

EARLY STAGE
Nuro.ai (2016, Menlo Park, $92M)
Self-driving delivery vehicle for local commerce
Greylock Partners, Banyan Capital Partners
$90M - Series A Feb 2018
$93.1M)
Index Ventures, Greylock Partners
$73M - Series B Sep 2017
Magna, 360 Capital Partners, Glory Ventures, Naver,
Magma Venture Partners, Amiti Ventures, The Delek
Group, Delphi Automotive, Vertex Ventures Israel,
SoftBank Ventures Korea, Samsung Catalyst
EARLY STAGE
$60M - Series B Nov 2018
Builds software to perform mapping and localization
for autonomous cars
Generation Investment Management, Andreessen
Horowitz, Accel Partners, GSR Ventures, Robert
Bosch Venture Capital, NVIDIA
$60M - Series B Apr 2017
to trucking fleets
Omnitracs, Intel Capital, Breakthrough Fuel, U.S.
Venture, Okaya Steel, Mitsui & Co, Birchmere
Ventures, Band of Angels, Sand Hill Angels, Volvo
Group, United Parcel Service, Lockheed Martin,
British Petroleum, Schlumberger, B37 Ventures,
Denso Corporation, NGP Capital
Drive.ai (2015, Santa Clara, $77M)
Artificial intelligence for self-driving cars
New Enterprise Associates, GGV Capital, Northern
Light Venture Capital, HOF Capital
EARLY STAGE
$50M - Series B Aug 2017
Bessemer Venture Partners, Maniv Mobility, Trucks
Venture Capital, Walden Riverwood Ventures
$45M - Series A Oct 2018
Aeva (2017, Mountain View, $48.5M)
Developer of autonomous vehicle vision sensors
Lux Capital, Canaan Partners
$40M - Series B Nov 2018
Kleiner Perkins, Intel Capital, Airbus Ventures,
Tyche Partners
$40M - Series A Aug 2018
Kodiak Robotics (2018, Palo Alto, $40M)
Developer of self-driving technology for long-haul
trucking
Battery Ventures, Lightspeed Venture Partners, Tusk
Ventures, Charles River Ventures

EARLY STAGE
Swift Navigation (2012, San Francisco, $47.6M)
Low cost, open source real time kinematics GPS
receivers
Forest Baskett, Greg Papadopoulos, First Round
Capital, Eclipse
Embark (2016, San Francisco, $47M)
Developing software for self-driving commercial
trucks for the long haul stretches
Sequoia Capital
$30M - Series B Jan 2018
Nexar (2015, Tel Aviv, $44.5M)
Community-based AI dash cam app for smartphones
for safe driving
Ibex Investors, Alibaba Group, Nationwide Mutual
Capital, Aleph Venture Capital, Mosaic Ventures,
Slow Ventures, True Ventures, Tusk Ventures, GE
Ventures
EARLY STAGE
$29M - Series B May 2017
Echodyne (2014, Bellevue, $44M)
Metamaterials-based radar technology
Madrona Venture Group, New Enterprise Associates,
Vulcan Capital, Lux Capital, The Kresge Foundation,
Bill Gates
$28.6M - Series B May 2018
Cox Automotive, Initialized Capital, Denso
Corporation, Mitsui & Co, Penske Truck Leasing,
Deutsche Bahn
$28.4M - Series B Mar 2018
Tier IV (2015, Nagoya, $28.4M)
Software & system providers for developing
autonomous vehicles
KDDI, Sony Innovation Fund
EARLY STAGE
$27M - Series A Nov 2017
Baraja (2015, Lindfield, $27M)
LiDAR sensors for self-driving vehicles
Blackbird Ventures, Sequoia Capital, Main Sequence
Ventures
$27M - Series A Dec 2017
Ouster (2016, San Francisco, $27M)
Affordable LiDAR sensors for self-driving vehicles
Carthona Capital, Cox Enterprises, Fontinalis
Partners, Amity Ventures, Constellation Technology
Ventures, Tao Capital Partners
Otonomo (2015, Herzliya, $41M)
Cloud based SaaS solution enabling new connected
car services including autonomous vehicles
Delphi Automotive, Bessemer Venture Partners,
StageOne Ventures, Maniv Mobility

EARLY STAGE
RideOS (2017, San Francisco, $34M)
Technology provider for transportation service in
self-driving vehicle ecosystem
next47, Sequoia Capital, ST Engineering
for autonomous cars
Andreessen Horowitz, Accel Partners, GSR Ventures
$23.4M - Series B Nov 2017
Mojio (2012, Vancouver, $40.7M)
Cloud-connected device and platform for cars
Kensington Capital Partners, Trend Forward Capital
Management, Innogy Venture Capital, BDC, Deutsche
Telekom Capital Partners, Relay Ventures, The Alexa
Fund
EARLY STAGE
$21.3M - Series A Jun 2017
Airbus Ventures, Intel Capital, Tyche Partners, R7
Partners, Trucks Venture Capital, Kleiner Perkins
NetraDyne (2015, Bangalore, $37M)
Provides deep learning-based computer vision for
drone and automotive navigation
Reliance Industries, M12, Point72 Ventures
$20.2M - Series A Dec 2017
Voyage (2017, Mountain View, $23.2M)
Complete self-driving taxi service
Carmera (2015, New York City, $27.1M)
Real-time 3D maps for autonomous vehicles
GV, Matrix Partners
AdaSky (2015, Ramat Gan, $20M)
Software and computer vision algorithms developer
Sungwoo Hitech
EARLY STAGE
Perceptive Automata (2015, Somerville, $23M)
Developer of human behavior prediction technology
for autonomous vehicles
Hyundai Motor Company, JAZZ Venture Partners,
Toyota AI Ventures, First Round Capital, Slow
Ventures
$18.5M - Series B Oct 2018
Cognata (2016, Rehovot, $23.5M)
Deep learning autonomous simulation
Scale Venture Partners, Emerge Innovation Capital,
Maniv Mobility, Airbus Ventures
$18.4M - Series A Sep 2018
Oxbotica (2014, Oxford, $18.4M)
Platform agnostic operating system for autonomous
vehicles
IP Group, Parkwalk, AXA
$18M - Series B Mar 2017
Alibaba Group, Sistema, SAIC Motor

EARLY STAGE
Blackmore Sensors and Analytics (2015,
Bozeman, $21.5M)
Frequency modulated continuous-wave solid-state
LiDAR sensors
BMW i Ventures, Toyota AI Ventures, Millennium
Technology Value Partners, Next Frontier Capital
Optimus Ride (2015, Cambridge, $23.3M)
Self-driving vehicle technologies
Greycroft Partners, Emerson Collective, Fraser
McCombs Capital
$18M - Series A Sep 2017
FiveAI (2015, Bristol, $20.7M)
Software stack for autonomous vehicles
Lakestar, Amadeus Capital, Kindred Capital, Notion
$16.5M - Series A Mar 2018
Starsky Robotics (2015, San Francisco, $21M)
Robotics company developing autonomous trucks
Shasta Ventures, Y Combinator, Trucks Venture
Capital, Fifty Years, Grishin Robotics
EARLY STAGE
The Floow (2012, Sheffield, $16M)
Telematics data provider
Fosun, Direct Line Insurance Group
$15.5M - Series A Nov 2018
Apex.AI (2007, Palo Alto, $15.5M)
Software stack for autonomous vehicles
Canaan Partners, Lightspeed Venture Partners
EasyMile (2014, Toulouse, $15M)
Autonomous electric shuttle for last mile
connectivity
Alstom
Artificial intelligence for self-driving cars
Grab
EARLY STAGE
Embark (2016, San Francisco, $47M)
Developing software for self-driving commercial
trucks for the long haul stretches
Data Collective, Y Combinator, Maven Ventures, SV
Angel
$15M - Series A Apr 2018
DeepScale (2015, Mountain View, $18M)
Vision system for autonomous vehicles
Point72, next47, Autotech Ventures, Trucks Venture
Capital, AME Cloud Ventures, Lip-Bu Tan, Ali Partovi,
Andy Bechtolsheim
$14.4M - Series A Oct 2018
Sense Photonics (2016, Raleigh, $17.7M)
LiDAR sensors for autonomous vehicles
Training Data as a Service for AI algorithms
Intel Capital, GV, Foundry Group, Madrona Venture
Group, New Enterprise Associates, Accenture

EARLY STAGE
Savari (2008, Santa Clara, $20M)
V2X Communication Technology
Aviva, Flex, SAIC Capital
$12M - Series B May 2017
Karamba Security (2015, Hod Hasharon, $17M)
Cybersecurity of connected cars
Paladin Capital, Liberty Mutual, Presidio Ventures,
Fontinalis Partners, YL Ventures, Asgent, GlenRock
Israel
$11M - Series A Mar 2018
BestMile (2014, Lausanne, $16.5M)
Fleet management of autonomous vehicles with
cloud-based intelligence
Paris Aeroport, Airbus Ventures, Mobility, Partech,
Serena
EARLY STAGE
Trillium Secure (2014, Sunnyvale, $15M)
Multi-layered cybersecurity solution for connected
& autonomous vehicles
JAFCO Asia, Airbus Ventures, Deutsche Bahn,
Mitsubishi, Tokyo Century, Plug and Play Tech
Center
$10.4M - Series A Mar 2018
Ascent Robotics (2016, Shibuya, $10.4M)
AI-based solutions for creating self-driving vehicles
SBI Holdings
$10M - Series B Jan 2017
Alibaba Group
$10M - Series A Jun 2017
technologies
Yunqi Partners, Green Pine Capital Pariners, Glory
Ventures, Ventech China
EARLY STAGE
Arbe Robotics (2015, Tel Aviv, $23M)
Develops a collision avoidance radar system for
autonomous cars, drones & robots
360 Capital Partners, Canaan Partners Israel,
IAngels, OurCrowd, O.G. Tech Ventures, Taya
Ventures, Maniv Mobility
Metawave (2017, Palo Alto, $17M)
Smart radar and 5G antenna systems provider
Hyundai Motor Company, Denso Corporation, AGC
Glass Company, Toyota AI Ventures, Motus
Ventures, Khosla Ventures, Autotech Ventures, Bold
Capital Partners, SAIC Capital, Western Technology
Investment, Alrai Capital, Infineon
$10M - Series A Mar 2018
Smartcar (2014, San Francisco, $12M)
Infrastructure for the Connected Car
New Enterprise Associates, Andreessen Horowitz

EARLY STAGE
$9.4M - Series A Apr 2017
Civil Maps (2013, Berkeley, $19.6M)
Organising 3D geospatial data using AI and SLAM
algorithms
RideOS (2017, San Francisco, $34M)
Technology provider for transportation service in
self-driving vehicle ecosystem
Sequoia Capital, Graph Ventures, SV Angel
OurCrowd, IAngels, Taya Ventures, O.G. Tech
Ventures, Canaan Partners Israel
$7.1M - Series A Aug 2018
StradVision (2014, Pohang, $7.1M)
Developer of AI based advanced driver-assistance
systems
Hyundai Mobis
EARLY STAGE
$6.6M - Series A Sep 2018
Concirrus (2012, London, $15.7M)
Insurance underwriting tools leveraging IoT
IQ Capital, Eos Venture Partners
Carmera (2015, New York City, $27.1M)
Real-time 3D maps for autonomous vehicles
Matrix Partners, Resolute Ventures, Notation, Joe
Montana, Bre Pettis, Semil Shah
$5.6M - Series A Nov 2018
Guardian Optical Technologies (2014, Tel
Aviv, $10.7M)
3D Optical sensor for in-car monitoring
Goldbell Engineering Pte Ltd, TransLink Capital,
SPARX, Union Square Ventures
$5.1M - Series A Dec 2017
Guardian Optical Technologies (2014, Tel
Aviv, $10.7M)
3D Optical sensor for in-car monitoring
Maniv Mobility, SPARX
EARLY STAGE
Cognata (2016, Rehovot, $23.5M)
Deep learning autonomous simulation
Emerge Innovation Capital, Maniv Mobility, Airbus
Ventures
Concirrus (2012, London, $15.7M)
Insurance underwriting tools leveraging IoT
Touchstone Innovations
$3.8M - Series A Feb 2017
Starsky Robotics (2015, San Francisco, $21M)
Robotics company developing autonomous trucks
Y Combinator, Trucks Venture Capital, Data
Collective
$3M - Series B Feb 2018
Otonomo (2015, Herzliya, $41M)
Cloud based SaaS solution enabling new connected
car services including autonomous vehicles
NTT Docomo Ventures, Bessemer Venture Partners,
Dell Technologies

EARLY STAGE
InMotion Ventures, Khosla Ventures, SV Angel,
Initialized Capital, Amino Capital, Charles River
Ventures
Series B Nov 2018
Raj Atluru, Sony Innovation Fund, Ally Bank, Khosla
Ventures, BNP Paribas, ERGO
Series B Dec 2017
Denso Corporation
Series B Sep 2018
Assurant
EARLY STAGE
Series B Mar 2018
Iris Capital, TELUS Ventures
Series B Feb 2018
autonomous vehicles
JAFCO
Series B May 2017
TriLumina (2010, Albuquerque, $17.7M)
Semiconductor laser technology company for LiDAR
(ADAS) & natural user interface
Kickstart Seed Fund, Stage 1 Ventures, Sun Mountain
Capital, Cottonwood Tech Fund
Series A Jul 2018
CPP Investment Board
EARLY STAGE
Series A Aug 2018
for autonomous cars
Robert Bosch Venture Capital
Series A Jul 2017
Nexar (2015, Tel Aviv, $44.5M)
Community-based AI dash cam app for smartphones
for safe driving
PROOF.VC
Series A Jun 2018
Luminar Technologies (2012, Clarksburg,
$36M)
Long range Lidars for autonomous cars
Volvo Cars
Series A Jul 2017
EasyMile (2014, Toulouse, $15M)
Autonomous electric shuttle for last mile
connectivity
Continental

SEED STAGE
$36M - Seed Apr 2017
$36M)
Canvas Ventures, GVA Capital, 1517 Fund
$11.5M - Seed Jan 2018
May Mobility (2017, Ann Arbor, $15.2M)
Developer of autonomous electric vehicles
BMW i Ventures, Toyota AI Ventures, Maven
Ventures, SV Angel, Tandem Capital, Trucks Venture
Capital, Y Combinator
$7M - Seed Sep 2017
Metawave (2017, Palo Alto, $17M)
Smart radar and 5G antenna systems provider
Thyra Global Management, Khosla Ventures, Motus
Ventures, SAIC USA Inc., Western Technology
Investment, Autotech Ventures, Alrai Capital, Bold
Capital Partners, Rising Tide Fund
$3.5M - Seed Jun 2017
SEED STAGE
$3.5M - Seed Aug 2017
Trucks Venture Capital, Maven Ventures, Tandem
Capital
$3.1M - Seed Mar 2017
$93.1M)
$3M - Seed Jul 2018
Perceptive Automata (2015, Somerville, $23M)
Developer of human behavior prediction technology
for autonomous vehicles
First Round Capital, Slow Ventures
$3M - Seed Mar 2017
DeepScale (2015, Mountain View, $18M)
Vision system for autonomous vehicles
Bessemer Venture Partners, Greylock Partners,
Autotech Ventures, The House
SEED STAGE
$2.8M - Seed Aug 2017
$2.5M - Seed Apr 2017
IAngels, Taya Ventures, Canaan Partners Israel
$2M - Seed Apr 2017
BestMile (2014, Lausanne, $16.5M)
Fleet management of autonomous vehicles with
cloud-based intelligence
Airbus Ventures, Partech, Serena
$500k - Seed Aug 2017
$120k - Seed Oct 2017
Y Combinator

SEED STAGE
Seed Jun 2017
Eight Roads Ventures
Seed Jun 2017
FPrime Capital Partners

Smart Cars > Investment Trends > Notable Investments in last 24 months in China
Notable Investments in last 24 months in China
LATE STAGE
$1B - Series D Nov 2017
NIO (2014, Shanghai, $2.2B)
Developer of smart electric cars
Tencent, Lone Pine Capital, CITIC Capital, Baillie
Gifford, China Asset Management
$600M - Series C Mar 2017
Baidu, Tencent, Hillhouse Capital Group, Lenovo,
GIC, TPG, IDG Capital
$234M - PE Sep 2018
Zebra Zhixing (2016, Shanghai, $234M)
Connected car platform
SDIC, Yunfeng Capital
$55M - Series C Nov 2017
tuSimple (2014, Beijing, $75M)
AI based image recognition tool
Sina
LATE STAGE
$10M - Series E Mar 2017
Borqs (2007, Beijing, $50M)
Developer of embedded software & hardware
solutions for IoTs
Qualcomm Ventures, Accel Partners
Series D Oct 2018
Baillie Gifford
EARLY STAGE
$1B - Series B Nov 2018
Horizon Robotics (2015, Beijing, $1.1B)
Developing AI powered embedded system for
autonomous systems
Youxia Motors (2014, Shanghai, $1.3B)
Electric car maker
Qianhai Indus buyout fund, zchyfund
Electric car maker
Electric car maker
Horizon Robotics (2015, Beijing, $1.1B)
Developing AI powered embedded system for
autonomous systems
Intel Capital, Harvest Investments, Hillhouse Capital
Group, Wu Capital, Linear Venture, Morningside
venture Capital, Linear Partners

Most Active Investors (VC, PE) by Stage in Smart Cars; Last 5 years (Dec 2013-Dec 2018)
Most Active VC & PE Investors
47
Smart Cars > Investment Trends > Most Active VC & PE Investors
SEED STAGE
Right Side Capital Management(4
Investments)
Seeva, Mapkin, Braiq
1
Motus Ventures (4 Investments)
Quanergy, Civil Maps, Metawave
2
Trucks Venture Capital (3 Investments)
May Mobility, Aurora Labs, Seeva
3
BMW i Ventures(3 Investments)
Zendrive, May Mobility, Lunewave
4
Expansion Venture Capital (3 Investments)
Zendrive, Aurora Labs, Seeva
5
First Round Capital (2 Investments)
Swift Navigation, Perceptive Automata
6
Fontinalis Partners(2 Investments)
nuTonomy, Zendrive
7
Robert Bosch Venture Capital(2
Investments)
AIMotive, Prophesee
8
Amadeus Capital (2 Investments)
FiveAI, SLAMcore
9
Toyota AI Ventures(2 Investments)
May Mobility, SLAMcore
10
EARLY STAGE
Intel Capital (8 Investments)
Peloton Tech, AEye, Prophesee
1
Maniv Mobility (7 Investments)
Owl Cameras, Oryx Vision, Otonomo
2
Sequoia Capital (5 Investments)
Pony.ai, Embark, RideOS
3
New Enterprise Associates(4 Investments)
Drive.ai, Swift Navigation, Echodyne
4
Airbus Ventures (4 Investments)
AEye, Cognata, Trillium Secure
5
Trucks Venture Capital (4 Investments)
AEye, Oryx Vision, Starsky Robotics
6
360 Capital Partners (4 Investments)
Innoviz Technologies, Navya Technology, Prophesee
7
SV Angel (4 Investments)
Embark, RideOS, Voyage
8
Toyota AI Ventures(4 Investments)
Nauto, Blackmore Sensors and Analytics, Perceptive Automata
9
BMW i Ventures(3 Investments)
Nauto, Ridecell, Blackmore Sensors and Analytics
10
LATE STAGE
Samsung Catalyst(2 Investments)
Autotalks, AIMotive
1
Intel Capital
Inrix
2
Redpoint Ventures
Root
3
Index Ventures
Cyngn
4
Fontinalis Partners
Telogis
5
Qualcomm Ventures
Cyngn
6
Scale Venture Partners
Root
7
Ribbit Capital
Root
8
Fraser McCombs Capital
Autotalks
9
Expansion Venture Capital
Life360
10

Smart Cars > Investment Trends > Most Active Ecosystem Investors
Top Ecosystem Investors in Smart Cars; Last 5 years (Dec 2013-Dec 2018)
Most Active Ecosystem Investors
INCUBATOR/ACCELERATOR
Y Combinator(15 Investments)
Cruise Automation, Automatic, Scale
1
Techstars(13 Investments)
Skully Systems, Seeva, Dash
2
MassChallenge(11 Investments)
Driveway, TriEye, Fastree3D
3
Plug and Play Tech Center(5 Investments)
Mojio, Trillium Secure, CarVi
4
Startupbootcamp(4 Investments)
ULU, Cellepathy, Vdexi
5
Imperial Innovations(3 Investments)
Echodyne, Concirrus, SLAMcore
6
Global Insurance Accelerator(3
Investments)
Telematic, Smart Drivinc, CityMile
7
Magma Venture Partners(2 Investments)
Innoviz Technologies, Argus Cyber Security
8
Playground Global(2 Investments)
Nauto, DeepScale
9
Start-Up Chile(2 Investments)
XGear, HealthyRoad
10
OTHER NOTABLE INVESTORS
Delphi Automotive(5 Investments)
Quanergy, LeddarTech, Innoviz Technologies
1
OurCrowd(4 Investments)
Argus Cyber Security, Arbe Robotics, Engie
2
Denso Corporation(4 Investments)
Ridecell, Peloton Tech, Metawave
3
GE Ventures(4 Investments)
TTTech, Mocana, Nexar
4
NVIDIA(4 Investments)
Drive.ai, DeepMap, AIMotive
5
Magna(4 Investments)
Innoviz Technologies, Peloton Tech, Zubie
6
Samsung(4 Investments)
TTTech, HYPR Corp, TetraVue
7
Ford(4 Investments)
Velodyne LiDAR, Civil Maps, Braiq
8
Hyundai Motor Company(4 Investments)
WayRay, Autotalks, Perceptive Automata
9
Keiretsu Forum (3 Investments)
dondeEsta, LightSpeed Interfaces, ONICS
10
DEBT INVESTORS
Western Technology Investment(6
Investments)
Automatic, Civil Maps, Karamba Security
1
BEST Funds(2 Investments)
BSM Wireless, CogniVue
2
Silicon Valley Bank
Root
3
Idinvest Partners
Stanley Robotics
4
Mercia Technologies
Mindtrace
5
British Business Bank
B-Secur
6

Smart Cars > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (1/7)

Smart Cars > Investment Trends > Unicorn Investors in the Sector
Unicorn Investors in the Sector

Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
57
BlueBox
Key Sub Sectors
Detailed Sector Taxonomy
Top Markets of Investment Activity
Top Markets of Early Stage Investors
Other Notable Markets
Market Deep Dive

Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
Semiconductors
Nov 2018
Virtual Reality
Nov 2018
Drones
Nov 2018

FACTSHEET
Marketmap: Smart Cars
59
Smart Cars > Market Details > BlueBox

Key Sub Sectors
60
Key Sub Sectors in Smart Cars
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Companies that manufacture autonomous vehicles or provide technologies to enable
autonomous driving
Cruise Automation (2013, San Francisco,
Acquired)
369 186 $12.6B
Companies providing technologies enabling connected cars and applications based on them. A
connected....
Hughes Telematics (2007, Atlanta,
Acquired)
190 76 $760M
Companies providing telematics-based usage-based insurance solutions to the automotive
insurance companies
DriveFactor (2010, Glen Allen, Acquired)
82 31 $739M
Safety & Security
Companies providing solutions for safety & security of the vehicle, driver, and passengers
Automatic (2011, San Francisco, Acquired)
438 109 $722M
Companies providing in-car infotainment systems and technologies
Waze (2007, Tel Aviv, Acquired)
Inrix (2004, Kirkland, $133M)
228 74 $475M
Fleet Management
Companies providing telematics-based fleet management solutions for a fleet of connected
vehicles
Telogis (2001, Aliso Viejo, Acquired)
GreenRoad (2004, Holon, $81.5M)
83 30 $424M
Motorcycles
Companies providing technology-related connected solutions for motorcycles
Realsafe Technologies (2012, Newcastle
Upon Tyne, $2.1M)
Fusar (2013, Jersey City, $1.2M)
43 14 $17.2M
Smart Cars > Market Details > Key Sub Sectors

Detailed Sector Taxonomy (1/6)
61
Smart Cars > Market Details > Detailed Sector Taxonomy

62

63

64

65

66

Rank Market
Last 2 Years
$ Invested # Round Top Funded Company
1
(-)
Autonomous Vehicles Technologies > Enabling Technologies > Vision Solutions
> Sensors > LiDARs
Companies providing LiDARs for the automotive industry. Lidar is a surveying method that measures
the distance to a target by illuminating it with a pulsed laser light and mea…
(Companies covered 35 | Funded 27 | Total Funding $883M)
$536M
(+$239M)
26
(+15)
LeddarTech
(2007, Quebec City, $140M)
2
(+2)
Autonomous Vehicles Technologies > Enabling Technologies > Self-Driving
Technology > Full-Stack System
Companies providing full self-driving tech system (sensors and software) for enabling autonomous
driving
(Companies covered 34 | Funded 15 | Total Funding $3.4B)
$3.4B
(+$3.3B)
16
(+9)
Cruise Automation
(2013, San Francisco, Acquired)
3
(-1)
Technology > Software
Companies providing software specifically targeted towards enabling autonomous driving
$472M
(+$347M)
20
(+8)
Roadstar
(2017, Mountain View, $138M)
4
(+3)
Autonomous Vehicles Technologies > Enabling Technologies > Simulation
Solutions
Companies that provide training/simulation solutions for the testing and development of autonomous
vehicles
$81.9M
(+$62.1M)
16
(+11)
Cognata
(2016, Rehovot, $23.5M)
5
(+1)
Autonomous Vehicles Technologies > Enabling Technologies > Mapping
Companies providing 3D mapping solutions targeted towards self-driving cars
$133M
(+$116M)
9
(+3)
DeepMap
(2016, Palo Alto, $92M)
6
(+5)
Autonomous Vehicles Technologies > Enabling Technologies > Vision Solutions
> Sensors > RADARs
Companies providing RADAR-based automotive vision systems. Radar is an object-detection system
that uses radio waves to determine the range, angle, or velocity of objects
(Companies covered 18 | Funded 10 | Total Funding $97.6M)
$81.1M
(+$66.1M)
10
(+8)
Echodyne
(2014, Bellevue, $44M)
67
Note: The numbers in the bracket represent the change in a 2 year period.
Top Markets of Investment Activity (1/2)
Top Markets by Funding in Smart Cars in last 2 years (December 2016 - November 2018)
Smart Cars > Market Details > Top Markets of Investment Activity

Top Markets of Investment Activity (2/2)
Smart Cars > Market Details > Top Markets of Investment Activity

Rank Market # Investments Key Investments
1
Technology > Software
Companies providing software specifically targeted towards enabling autonomous driving
(Companies created 53 | Funded 26 | Total Funding $635M )
6
$93.1M)
2
Technology > Full-Stack System
Companies providing full self-driving tech system (sensors and software) for enabling autonomous driving
(Companies created 34 | Funded 15 | Total Funding $3.4B )
3
3
Safety & Security > Dash Cams
Companies providing onboard cameras for vehicles. Dash cams help in providing video evidence in an
event of accident, crash, theft or an intrusion attempt
2
Owl Cameras (2016, Palo Alto, $28.5M)
4
Autonomous Vehicles Technologies > Enabling Technologies > Vision Solutions >
Sensors > LiDARs
Companies providing LiDARs for the automotive industry. Lidar is a surveying method that measures the
distance to a target by illuminating it with a pulsed laser light and mea…
2
5
Autonomous Vehicles Technologies > Enabling Technologies > Simulation
Solutions
Companies that provide training/simulation solutions for the testing and development of autonomous
vehicles
2
Scale (2016, Mountain View, $22.7M)
6
Autonomous Vehicles Technologies > Autonomous Vehicle Makers > Fully-
Autonomous Vehicle Makers > Commercial Vehicles
Companies manufacturing fully-autonomous commercial vehicles
1 Nuro.ai (2016, Menlo Park, $92M)
Note: Investors considered - Sequoia Capital, Accel Partners, Andreessen Horowitz, NEA, Greylock Partners, General Catalyst Partners, Benchmark Capital, KPCB, Khosla Ventures, Redpoint Ventures, Founders Fund, SV Angel, Index Ventures, Bessemer
Venture Partners, Lightspeed Venture Partners, Venrock, Draper Fisher Jurvetson, Institutional Venture Partners, Intel Capital, Battery Ventures
69
Top Markets of Early Stage Investors (1/2)
Top Markets where Early Stage Investors are investing in last 2 years (December 2016 - November 2018)
Smart Cars > Market Details > Top Markets of Early Stage Investors

Top Markets of Early Stage Investors (2/2)
Smart Cars > Market Details > Top Markets of Early Stage Investors

Rank Market
Last 2 Years
# of Comp Founded $ Invested # Round Top Funded Company
1
Autonomous Vehicles Technologies > Enabling Technologies >
Vision Solutions > Processors > Software Algorithms
Companies that provide AI and algorithm processing based solutions using data from
vision-based systems
15 $42.8M
(+$42.8M)
9
(+9)
DeepScale
(2015, Mountain View,
$18M)
2
Autonomous Vehicles Technologies > Enabling Technologies >
Self-Driving Technology > ADAS
Companies providing advanced driver-assistance systems for enhanced safety and
driving features
10 $40M
(+$40M)
9
(+9)
NetraDyne
(2015, Bangalore, $37M)
71
Other Notable Markets
Other Notable Markets with high Entrepreneurial Activity in Smart Cars in last 2 years (December 2016 - November 2018)
Smart Cars > Market Details > Other Notable Markets

Incubators Magma Venture Partners (#1), GVA Capital (#1)
Seed Motus Ventures (#1), High-Tech Grunderfonds (#1)
Series A/B Delphi Automotive (#2), Trucks Venture Capital (#2)
Series C+ Ford (#1), Baidu (#1)
Princeton Lightwave Oct - 2017
Acq by Argo AI
$23.8M - Series C
LeddarTech (2007, Quebec City,
$140M)
$25.5M - Series C
$40M - Series B
$14.4M - Series A
Sense Photonics (2016, Raleigh,
$17.7M)
$6M - Series A
SOS Lab (2016, Gwangju, $6M)
$45M - Series A
$1.6M - Seed
Psionic (2017, Pittsburgh, $1.6M)
$5.7M - Seed
Blickfeld (2016, Munich, $10M)
Series A
Luminar Technologies (2012,
Clarksburg, $36M)
$18M - Series B
Blackmore Sensors and
Analytics (2015, Bozeman, $21.5M)
Dec 2018
Tech from self-driving cars could solve border security
without Trump's $5 billion wall, CNBC
Dec 2018
Ouster Wins Autonomous Vehicle Technology ACES Award
for Lidar, PR Newswire
Dec 2018
CORRECTING and REPLACING Blair LaCorte Named
President of AEye, Business Wire
Dec 2018
Ouster partners with Playment and Scale.AI for advanced
deep learning labeling, Autonomous Vehicle Tech
Dec 2018
The Indoor Lab and Quanergy Introduce LiDAR for the Event
and Trade Show Industry, PRWeb
Dec 2018
LeddarTech Announces Exhibitor Status at CES 2019 at Its
Award-Winning Pavilion in Las Vegas, WebWire
Nov 2018
Volvo Cars and Luminar are working to take lidar to the next
level, CNET
Nov 2018
TowerJazz Supplies Chips to LeddarTech for Automotive
LiDAR Applications, LEDinside
Nov 2018
Ouster’s potentially game-changing multi-beam flash lidar,
SPAR 3D Editor
Nov 2018
Lidar startup AEye raises $40M Series B led by the
Taiwanese government's investment firm, TechCrunch
Nov 2018
Leddartech’s Mobility Leadership Series Addresses
Autonomous Driving and LIDAR Technologies in Europe,
AIThority
Nov 2018
Global Digital Aerial Cameras Market 2018-2025 Major
Growth By Key Players: IGI, Trimble (Applanix), Visual
Intelligence, Teledyne Optech, Jena-Optronik, Talk Daily News
News
3
5
16
27
35
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Autonomous Vehicles Technologies > Enabling Technologies > Vision Solutions > Sensors > LiDARs: Market Factsheet
72
Exits
Recent InvestmentsCompanies providing LiDARs for
the automotive industry. Lidar is a
surveying method that measures
the distance to a target by
illuminating it with a pulsed laser
light and measuring the reflected
puls....
Quanergy
Velodyne LiDAR
(2005, Morgan Hill, $150M)
LeddarTech
(2007, Quebec City, $140M)
Innoviz Technologies
(2016, Kfar Saba, $82M)
Oryx Vision
(2010, Petah Tikva, $67.3M)
Top Companies
#1 Top Markets of Investment Activity
Smart Cars > Market Details > Market: LiDARs
Companies Created 35 | Funded 27 | Total Funding $883M
0
5
10
15
20
$0k
$50M
$100M
$150M
$200M
$250M
$300M
$350M
$400M
2014 2015 2016 2017 2018
YoY Funding Rounds
YoY Funding and Rounds
Market: LiDARs

Autonomous Vehicles Technologies > Enabling Technologies > Vision Solutions > Sensors > LiDARs: Top Companies
Market: LiDARs (1/2)
Analyst’s Pick
LiDAR
Unicorn. Stage: Series C
Motus Ventures, Delphi Automotive, Samsung
Venture Investment and 14 Other Investors
Velodyne LiDAR (2005, Morgan Hill, $150M)
Real-time 3D sensing and mapping, LiDAR Sensors
used in autonomous vehicles
Ford, Baidu
Desjardins – Innovatech, Desjardins, OSRAM Group
Magna, 360 Capital Partners, Glory Ventures and 11
Other Investors
Analyst’s Pick
Bessemer Venture Partners and 3 Other Investors
Kleiner Perkins, Intel Capital, Airbus Ventures and
6 Other Investors
Minicorn. Stage: Series A
Lux Capital, Canaan Partners, Eleven Two Capital
$36M)
Volvo Cars, Canvas Ventures, GVA Capital and 3
Other Investors
Analyst’s Pick
Ouster (2016, San Francisco, $27M)
Affordable LiDAR sensors for self-driving vehicles
Carthona Capital, Cox Enterprises, Fontinalis
LiDAR sensors for self-driving vehicles
Editor's Pick. Stage: Series A
Blackbird Ventures, Sequoia Capital, Main Sequence
Ventures
Blackmore Sensors and Analytics (2015,
Bozeman, $21.5M)
Frequency modulated continuous-wave solid-state
LiDAR sensors
Minicorn. Stage: Series B
BMW i Ventures, Toyota AI Ventures, Millennium
Technology Value Partners, Next Frontier Capital
Congruent Ventures, Creative Ventures, Social

Autonomous Vehicles Technologies > Enabling Technologies > Vision Solutions > Sensors > LiDARs: Top Companies
Market: LiDARs (2/2)
Analyst’s Pick
TriLumina (2010, Albuquerque, $17.7M)
Semiconductor laser technology company for
LiDAR (ADAS) & natural user interface
Cottonwood Tech Fund, Kickstart Seed Fund, Stage
1 Ventures and 3 Other Investors
Blickfeld (2016, Munich, $10M)
LiDAR-based technology for autonomous vehicles
Editor's Pick. Stage: Seed
Unternehmertum Venture Capital Partners, High-
Tech Grunderfonds, Tengelmann Ventures and 2
Other Investors
TetraVue (2008, Vista, $10M)
High resolution, long range 3D cameras using
Lidars
KLA Tencor, Lam Research, Tsing Capital and 7
Other Investors
Analyst’s Pick
SOS Lab (2016, Gwangju, $6M)
Developer of optical measurement sensors based
on LiDAR technologies
Mando Corporation, KDB Capital, Mirae Asset and 5
Other Investors
Psionic (2017, Pittsburgh, $1.6M)
Developer of LIDAR-based vision sensors
757 Angels
NewSight Imaging (2016, Ness Ziona)
CMOS image sensors for machine vision and
spectral analysis

Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
75
Autonomous Vehicles Technologies > Enabling Technologies > Vision Solutions > Sensors > LiDARs: Leaderboard
Better than Market Average
Market: LiDARs
Overall
Rating
Company
Name
Year Location Stage
Funding
($M)
Funding
Rounds
Team
Rating
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App UI
Web
UI
Social
Followers
Mobile
Downloads
Mobile
Reviews
News
Mentions
Mobile
Reviews
Social
Followers
Δ % Δ %
5.0 Quanergy 2012 Sunnyvale Series C $160M 6 5 - - - 2.2k - - 37 - - 212 11%
4.8
Velodyne
LiDAR
2005 Morgan Hill Funded $150M 1 - - - - 3.9k - - 47 - - 508 15%
4.8
Luminar
Technologies
2012 Clarksburg Series A $36M 2 5 - - 4 2.1k - - 17 - - 348 21%
4.7 LeddarTech 2007 Quebec City Series C $140M 8 - - - - 1.8k - - 18 - - 4 -
4.6 AEye 2013 Pleasanton Series B $61.6M 3 - - - 4 275 - - 21 - - 103 60%
4.5 Oryx Vision 2010 Petah Tikva Series B $67.3M 3 - - - - 131 - - 3 - - 28 27%
4.1 TriLumina 2010
Albuquerqu
e
Series B $17.7M 6 - - - - 194 - - 7 - - 4 2%
4.0
Innoviz
Technologies
2016 Kfar Saba Series B $82M 2 5 - - - - - - 16 - - - -
3.9 TetraVue 2008 Vista Series A $10M 2 4 - - - 43 - - 6 - - 3 8%
3.6
Blackmore
Sensors and
Analytics
2015 Bozeman Series B $21.5M 2 - - - - - - - 5 - - - -
3.5 Ouster 2016
San
Francisco
Series A $27M 1 - - - - - - - 10 - - - -
3.4 Aeva 2017
Mountain
View
Series A $48.5M 2 5 - - 3 - - - 3 - - - -
3.3 Blickfeld 2016 Munich Seed $10M 2 - - - 4 - - - 4 - - - -

Incubators Y Combinator (#2)
Seed Andreessen Horowitz (#1), True Ventures (#1)
Series A/B Charles River Ventures (#2), Eight Roads Ventures (#1)
Series C+ SoftBank Investment Advisers (#1), Honda (#1)
AutonomouStuff Jun - 2018
Acq by Hexagon
$750M - PE
Cruise Automation (2013, San
Francisco, $3B)
$3.5M - Seed
Bear Flag Robotics (2017, Sunnyvale,
$4.5M)
$40M - Series A
Kodiak Robotics (2018, Palo Alto,
$40M)
$102M - Series A
$2.2B - PE
Cruise Automation (2013, San
Francisco, $3B)
$5M - Series A
Comma.ai (2015, San Francisco, $8.1M)
$28.4M - Series B
Series B
$112M - Series A
$3M - Series A
Dec 2018
New alliance created for autonomous driving technology,
Autonomous Vehicle Tech
Dec 2018
Some Arizona residents attacking Waymo self-driving
vehicles, SiliconAngle
Dec 2018
The Long, Winding And Still Evolving Path Toward
Automated Driving, Forbes
Dec 2018
Safety drivers are returning to Waymo’s driverless taxis,
Autofreaks
Dec 2018
Waymo trials commercial driverless taxi service in Phoenix,
Arizona, ITS International
Dec 2018
Alphabet's Waymo Is Moving Toward Self-Driving Semi
Trucks, The Street
Dec 2018
Waymo Launching US’ First Commercial AV Service, TU-
Automotive
Dec 2018
Google's robotic spinoff launches ride-hailing service,
Indiatimes
Dec 2018
How Waymo compares to U.S. rivals in the race for robotaxis,
Reuters
Nov 2018
National Safety Council's CEO Joins Waymo to Spearhead
Safety, Trucking Info
Nov 2018
Waymo reportedly returns safety drivers to its autonomous
cars, Engadget
Nov 2018
Waymo puts humans back in driverless vehicles, report says,
CNET
Nov 2018
Report: Alphabet's Waymo puts wheel back in safety drivers'
hands, Seeking Alpha
News
3
1
8
15
34
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Autonomous Vehicles Technologies > Enabling Technologies > Self-Driving Technology > Full-Stack System: Market Factsheet
76
Exits
Recent InvestmentsCompanies providing full self-
driving tech system (sensors and
software) for enabling
autonomous driving
Cruise Automation
(2013, San Francisco, $3B)
Pony.ai
(2016, San Francisco, $214M)
Peloton Tech
(2011, Menlo Park, $78.4M)
Kodiak Robotics
(2018, Palo Alto, $40M)
Tier IV
(2015, Nagoya, $28.4M)
Top Companies
Smart Cars > Market Details > Market: Full-Stack System
Companies Created 34 | Funded 15 | Total Funding $3.4B
0
2
4
6
8
10
12
$0k
$500M
$1.B
$1.5B
$2.B
$2.5B
$3.B
$3.5B
2014 2015 2016 2017 2018
YoY Funding Rounds
YoY Funding and Rounds
Market: Full-Stack System

Autonomous Vehicles Technologies > Enabling Technologies > Self-Driving Technology > Full-Stack System: Top Companies
Market: Full-Stack System (1/2)
Analyst’s Pick
Honda, SoftBank Investment Advisers, Qualcomm
platform
Pine Capital Pariners and 17 Other Investors
to trucking fleets
Omnitracs, Intel Capital, Breakthrough Fuel and 18
Other Investors
Analyst’s Pick
Developer of self-driving technology for long-haul
trucking
Battery Ventures, Lightspeed Venture Partners,
Tusk Ventures, Charles River Ventures
autonomous vehicles
KDDI, Sony Innovation Fund, JAFCO and 2 Other
Investors
Greycroft Partners, Emerson Collective, Fraser
McCombs Capital and 7 Other Investors
InMotion Ventures, Khosla Ventures, SV Angel and
3 Other Investors
Analyst’s Pick
Comma.ai (2015, San Francisco, $8.1M)
Vehicle automation technology
Andreessen Horowitz
Bear Flag Robotics (2017, Sunnyvale, $4.5M)
Self-driving technology for tractors
True Ventures, Y Combinator, Trucks Venture
Autonomous Fusion (2016, Atlanta)
Developer of self-driving technology for
autonomous vehicles
Editor's Pick. Stage: Funded
GSR Ventures, Ellis Capital, Accelerant Venture
Capital
AutoX (2016, San Jose)
Autonomous car based grocery deivery service
ZhenFund, SAIC Capital

Autonomous Vehicles Technologies > Enabling Technologies > Self-Driving Technology > Full-Stack System: Top Companies
Market: Full-Stack System (2/2)
Analyst’s Pick
Flux Auto (2017, Bangalore)
Aftermarket self-driving tech for commercial
vehicles
Editor's Pick. Stage: Unfunded
Ike (2018, San Francisco)
Full-stack autonomous driving technology for
trucks
Kache.ai (2018, San Francisco)
Developer of self-driving technology for commercial
vehicles
Torc Robotics (2006, Blacksburg)
Self-driving tech for autonomous vehicles
Waymo (2016, Mountain View)
Spin-off of Google's self-driving project into its own
company

Tracxn - Smart Cars Startup Landscape

Tracxn - Smart Cars Startup Landscape

Recommended

Recommended

More Related Content

What's hot

What's hot (20)

Similar to Tracxn - Smart Cars Startup Landscape

Similar to Tracxn - Smart Cars Startup Landscape (20)

More from Tracxn

More from Tracxn (20)

Recently uploaded

Recently uploaded (20)

Tracxn - Smart Cars Startup Landscape