The Tracxn report provides an overview of the top funded business models in the auto tech sector, highlighting significant investments and key players, particularly in autonomous and electric vehicles. It details funding trends, topped by autonomous cars at $7.6 billion and electric pickup trucks at $5.2 billion, with major investments from firms like Waymo and Rivian. The report also includes insights into funding dynamics across various regions and business models over the past year.

1. TRACXN TOP BUSINESS MODELS REPORT
September 22, 2021
AUTO TECH

2. Auto Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Auto Tech Funding - Overview 3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Auto Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Funding in last 1 year
3
Autonomous Vehicles $15.4B
Electric Vehicles $14.1B
Road Transport Tech $8.5B
Off Highway Vehicles Tech $5.4B
Auto E-Commerce & Content $5.4B
Connected Vehicles $2.0B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Venture Catalysts
Y Combinator
9Unicorns
9
8
6
Early
Stage
Autotech Ventures
Weilai Capital
FM Capital
8
6
5
Late
Stage
Fidelity Investments
SoftBank Vision Fund
Sequoia Capital
9
6
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (47%)
China (24%)
India (4%)
Germany (3%)
United Kingdom (3%)
Sweden (2%)
Netherlands (2%)
Others (14%)
$ Funding # Rounds
Rivian
(2009, United States)
$2.6B - Series E
Waymo
(2016, United States)
$2.5B - Series E
Rivian
(2009, United States)
$2.5B - Series E
Cruise
(2013, United States)
$2.2B - Series J
Horizon Robotics
(2015, China)
$1.5B - Series C
Cruise
(2013, United States)
$750M - Series J
ENOVATE
(2018, China)
$744M - Series B
Bolt
(2013, Estonia)
$714M - Series E
REEF
(2004, United States)
$700M - PE
Leap Motor
(2015, China)
$694M - Series C
Leap Motor
(2015, China)
$664M - Series B
FlixBus
(2013, Germany)
$650M - Series G

4. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲1 Autonomous Cars $7.6B 32 Waymo | $2.5B | Series E Link
2▼1 Electric Pickup Truck Manufacturers $5.2B 3 Rivian | $2.6B | Series E Link
3▲1 Car Ride Hailing $3.1B 18 Bolt | $714M | Series E Link
4▼1 Electric Car Manufacturers $3.0B 20 ENOVATE | $744M | Series B Link
5▲56 Autonomous Vehicles Perception Systems $2.8B 8 Horizon Robot.. | $1.5B | Series C Link
6▲12 Autonomous Trucks $1.5B 19 TuSimple | $350M | Series E Link
7▲6 Online Used Cars Dealers $1.1B 5 Kavak | $485M | Series D Link
8▲2 Autonomous Vehicles LIDARs $942M 21 Hesai Technol.. | $300M | Series D Link
9▲2 C2B Used Cars Marketplaces $766M 7 CARS24 | $340M | Series F Link
10▲9 P2P Used Cars Marketplaces $660M 2 CARRO | $360M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11-- Autonomous Delivery Vehicles $631M 10 Nuro | $500M | Series C Link
12▲68 B2C Used Cars Marketplaces $610M 7 CarNext | $475M | Series D Link
13▲17 Auto Insurance Distribution Platforms $568M 9 The Zebra | $150M | Series D Link
14▼9 Two Wheeler Ride Hailing $559M 7 Gojek | $300M | Series H Link
15▼8 Free Float Electric Kick Scooter Rentals $505M 10 TIER | $250M | Series C Link
16▲71 Connected Car Platform $499M 8 Banma Network.. | $464M | Series B Link
17▲52 Autonomous Vehicles Training Data $498M 6 Scale | $325M | Series E Link
18▲81 Electric Aircraft Manufacturers $423M 7 BETA | $368M | Series D Link
19--
Hydrogen Powered Electric Commercial Vehicle
Manufacturers
$400M 2 Hyzon Motors | $400M | Series A Link
20▲4 Internet First Auto Insurers $360M 15 Clearcover | $200M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲55 Electric Vehicle Li-Ion Battery $326M 9 SES | $139M | Series D Link
22▼16 Non Hybrid Flying Cars $326M 3 Volocopter | $241M | Series D Link
23▲4 Electric Bike Manufacturers $321M 10 Rad Power Bikes | $150M | Series C Link
24▲32 Autonomous Driving Simulation Platforms $284M 6 Applied Intui.. | $125M | Series C Link
25▲11 Advanced Driver Assistance Systems $244M 8 ZongMu Techno.. | $190M | Series D Link
26-- C2B Used Cars Auction Platforms $236M 2 Tiantian Paiche | $168M | Series E Link
27▼11 Autonomous Shuttles $225M 6 UISEE | $154M | Series C Link
28▲12 Plug in Electric Vehicle Chargers $209M 20 EV Power | $54.7M | Series D Link
29▼17 Online Shuttle Aggregators $206M 4 Buser | $138M | Series C Link
30-- Electric Bus Manufacturers $200M 1 Proterra | $200M | Series H Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▼16 Telematics Based Fleet Management $190M 5 KeepTruckin | $190M | Series E Link
32▼24 Internet First Pay Per Mile Insurers $183M 7 Zego | $150M | Series C Link
33▼2 Online Used Cars Outright Buyers $173M 3 Spinny | $108M | Series D Link
34▲10 Autonomous Vehicles Cameras $168M 4 CalmCar | $150M | Series C Link
35▲11 P2P Aggregator Cars Rentals $156M 8 Getaround | $140M | Series E Link
36-- Solid State Electric Vehicle Battery $156M 3 Solid Power | $130M | Series B Link
37-- Auto Dealership Management Software $153M 2 Tekion | $150M | Series C Link
38▲22 Driver Monitoring Systems $150M 1 Netradyne | $150M | Series C Link
39▲24 Car Fleet Safety Management Software $150M 1 Netradyne | $150M | Series C Link
40▲88 In Vehicle Infotainment Systems $144M 3 PATEO | $128M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▲53 Own Fleet Car Ride Hailing $142M 3 Hype | $96.6M | Series C Link
42▼7 Vehicle Loans Distribution Platforms $141M 6 Canada Drives | $79.4M | Series B Link
43-- Brands Sponsored Electric Vehicle Charging Network $125M 1 Volta | $125M | Series D Link
44▲13 Autonomous Electric Truck Manufacturers $120M 2 Einride | $110M | Series B Link
45▲5 Autonomous Vehicles Radars $113M 13 Oculii | $55.0M | Series B Link
46▼5 Autonomous Vehicles Perception Software $111M 7 Recogni | $48.9M | Series B Link
47<> 0 B2C Vehicle Repair Services Aggregators $107M 12 MyTVS | $50.5M | Series D Link
48▲14 Electric Scooter Manufacturers $106M 11 Ather Energy | $35.1M | Series D Link
49▲3 Electric Two Wheeler Battery Swapping $100M 4 Oyika | $100M | Series C Link
50▼7 Automotive Cybersecurity $98.0M 2 Upstream Sec.. | $62.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Waymo (2016, United States)
$2.5B - Series E - Jun 2021
Cruise (2013, United States)
$2.2B - Series J - Jan 2021
Cruise (2013, United States)
$750M - Series J - Apr 2021
Momenta (2016, China)
$500M - Series C - Mar 2021
WeRide (2017, China)
$330M - Series C - Jun 2021
WeRide (2017, China)
$310M - Series C - May 2021
Pony.ai (2016, United States)
$267M - Series C - Nov 2020
View all 32 Funding Rounds on Tracxn Platform
Autonomous Cars
01
9
Back to index
Autonomous Vehicles (Scale)
(# Cos: 740 | $39.2B)
Self Driving Technology (Nuro)
(# Cos: 248 | $27.9B)
Cars (Aurora)
(# Cos: 128 | $21.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$7.6B(▲105%)
32(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$21.5B
68
2
128
28
Aurora
(2016, United States, $693M)
Cruise
(2013, United States, $7.3B)
Drive.ai
(2015, United States, $77.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Electric Pickup Truck Manufacturers
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$5.2B(▲36.1%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$10.5B
5
1
7
2
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Automaker (Nuro)
(# Cos: 3584 | $52.4B)
Off Highway Vehicles (Volcon)
(# Cos: 43 | $10.6B)
Pickup Trucks (Rivian)
(# Cos: 7 | $10.5B)
Rivian
(2009, United States, $10.5B)
Bollinger Motors
(2014, United States)
Lordstown Motors
(2019, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Rivian (2009, United States)
$2.6B - Series E - Jan 2021
Rivian (2009, United States)
$2.5B - Series E - Jul 2021
Hercules (2018, United States)
$20.0M - Series A - Mar 2021

11. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Car Ride Hailing
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$3.1B(▲8.9%)
18(▼35.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
52
$61.3B
242
7
2608
34
Road Transport Tech (Lime)
(# Cos: 14286 | $97.2B)
Ride Hailing (Gojek)
(# Cos: 4344 | $68.8B)
Cars (Ola)
(# Cos: 4099 | $63.6B)
Taxi (Lyft)
(# Cos: 3955 | $63.3B)
Intracity (Careem)
(# Cos: 3349 | $63.3B)
Aggregator (Grab)
(# Cos: 2608 | $61.3B)
Grab
(2012, Singapore, $10.0B)
Careem
(2012, United Arab Emi.., $772M)
Lyft
(2012, United States, $5.0B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bolt (2013, Estonia)
$714M - Series E - Aug 2021
Cao Cao Car (2015, China)
$589M - Series B - Aug 2021
Ola (2010, India)
$500M - Series J - Jul 2021
Didi (2012, China)
$300M - Series I - Jan 2021
Grab (2012, Singapore)
$300M - Series H - Jan 2021
Kakao Mobility (2017, South Korea)
$200M - Series C - Feb 2021
Bolt (2013, Estonia)
$182M - Series D - Dec 2020
View all 18 Funding Rounds on Tracxn Platform

12. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
ENOVATE (2018, China)
$744M - Series B - Oct 2020
Leap Motor (2015, China)
$694M - Series C - Aug 2021
Leap Motor (2015, China)
$664M - Series B - Jan 2021
Polestar (1996, Sweden)
$550M - Unattributed - Apr 2021
Lucid (2007, United States)
$200M - Series D - Apr 2021
Lightyear (2016, Netherlands)
$110M - Series C - Sep 2021
Rimac Automobili (2009, Croatia)
$83.4M - Series C - Mar 2021
View all 20 Funding Rounds on Tracxn Platform
Electric Car Manufacturers
04
12
Back to index
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Automaker (Nuro)
(# Cos: 3584 | $52.4B)
Cars (Tesla)
(# Cos: 275 | $31.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$3.0B(▼12.6%)
20(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$31.4B
83
8
275
27
Tesla
(2003, United States, $404M)
Lucid
(2007, United States, $1.3B)
Rimac Automobili
(2009, Croatia, $219M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Vehicles Perception
Systems
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.8B(▲ >10K%)
8(▲700%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$4.2B
14
2
19
6
Autonomous Vehicles (Aurora)
(# Cos: 740 | $39.2B)
Enabling Technologies (Luminar Technologies)
(# Cos: 311 | $9.4B)
Perception (Innoviz)
(# Cos: 222 | $8.8B)
Diversified (Mobileye)
(# Cos: 19 | $4.2B)
Mobileye
(1999, Israel, $530M)
Horizon Robotics
(2015, China, $3.1B)
ECARX Technology
(2016, China, $394M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Horizon Robotics (2015, China)
$1.5B - Series C - Jun 2021
Horizon Robotics (2015, China)
$400M - Series C - Jan 2021
Horizon Robotics (2015, China)
$350M - Series C - Feb 2021
ECARX Technology (2016, China)
$200M - Series A - Feb 2021
ECARX Technology (2016, China)
$194M - Series A - Oct 2020
Horizon Robotics (2015, China)
$150M - Series C - Dec 2020
Aviva Links (2020, United States)
$26.5M - Series A - Sep 2021
View all 8 Funding Rounds on Tracxn Platform

14. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
TuSimple (2014, United States)
$350M - Series E - Nov 2020
Inceptio Tech.. (2018, United States)
$270M - Series B - Aug 2021
PlusAI (2016, United States)
$220M - Series C - Mar 2021
PlusAI (2016, United States)
$200M - Series C - Feb 2021
Inceptio Tech.. (2018, United States)
$120M - Series B - Nov 2020
Einride (2016, Sweden)
$110M - Series B - May 2021
PlusAI (2016, United States)
$100M - Series C - Nov 2020
View all 19 Funding Rounds on Tracxn Platform
Autonomous Trucks
06
14
Back to index
Autonomous Vehicles (Scale)
(# Cos: 740 | $39.2B)
Self Driving Technology (Aurora)
(# Cos: 248 | $27.9B)
Trucks (TuSimple)
(# Cos: 30 | $2.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.5B(▲563%)
19(▲90%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.5B
22
1
30
10
TuSimple
(2014, United States, $648M)
Kodiak Robotics
(2018, United States, $40.0M)
Embark
(2016, United States, $117M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Online Used Cars Dealers
07
15
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.1B(▲153%)
5(▼37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$2.8B
25
2
106
7
Auto E-Commerce & Content (Acko)
(# Cos: 7677 | $34.6B)
Second Hand Vehicles (TrueCar)
(# Cos: 2120 | $21.6B)
Cars (CARS24)
(# Cos: 1630 | $21.1B)
Online Dealer (Carvana)
(# Cos: 106 | $2.8B)
Carvana
(2012, United States, $460M)
Kavak
(2016, Mexico, $900M)
Vroom
(2013, United States, $721M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kavak (2016, Mexico)
$485M - Series D - Apr 2021
Cazoo (2018, United Kingdom)
$311M - Series D - Oct 2020
Kavak (2016, Mexico)
$225M - Series C - Oct 2020
gettacar (2018, United States)
$25.0M - Series B - Feb 2021
Clutch (2016, Canada)
$20.0M - Series A - Mar 2021

16. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Vehicles LIDARs
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$942M(▲107%)
21(▲23.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$3.5B
51
4
68
21
Autonomous Vehicles (Aurora)
(# Cos: 740 | $39.2B)
Enabling Technologies (Ouster)
(# Cos: 311 | $9.4B)
Perception (Velodyne Lidar)
(# Cos: 222 | $8.8B)
Sensor (Luminar Technologies)
(# Cos: 132 | $4.3B)
Lidar (Innoviz)
(# Cos: 68 | $3.5B)
Innoviz
(2016, Israel, $252M)
Luminar Technologies
(2012, United States, $306M)
Velodyne Lidar
(1983, United States, $200M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hesai Technology (2013, China)
$300M - Series D - Jun 2021
Aeva (2017, United States)
$200M - Series B - Jan 2021
PATEO (2009, China)
$128M - Series B - Aug 2021
Innovusion (2016, United States)
$66.0M - Series B - Aug 2021
Innovusion (2016, United States)
$64.0M - Series B - Feb 2021
Innovusion (2020, United States)
$64.0M - Series B - May 2021
Sense Photonics (2016, United States)
$32.1M - Series B - Nov 2020
View all 21 Funding Rounds on Tracxn Platform

17. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
C2B Used Cars Marketplaces
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$766M(▲70.2%)
7(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$3.0B
42
-
119
12
Auto E-Commerce & Content (Acko)
(# Cos: 7677 | $34.6B)
Second Hand Vehicles (TrueCar)
(# Cos: 2120 | $21.6B)
Cars (Carvana)
(# Cos: 1630 | $21.1B)
C2B Marketplace (CARS24)
(# Cos: 119 | $3.0B)
CARS24
(2015, India, $744M)
Shift Technologies
(2013, United States, $223M)
Frontier Car Group
(2016, Germany, $553M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CARS24 (2015, India)
$340M - Series F - Sep 2021
CARS24 (2015, India)
$203M - Series E - Nov 2020
Carsome (2015, Malaysia)
$170M - Series D - Sep 2021
Tiantian Paiche (2014, China)
$168M - Series E - Oct 2020
Motorway (2016, United Kingdom)
$67.7M - Series B - Jun 2021
Carsome (2015, Malaysia)
$30.0M - Series D - Dec 2020
InstaCarro (2015, Brazil)
$23.0M - Series B - Aug 2021

18. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
P2P Used Cars Marketplaces
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$660M(▲191%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$5.3B
38
-
135
9
Auto E-Commerce & Content (Acko)
(# Cos: 7677 | $34.6B)
Second Hand Vehicles (CARS24)
(# Cos: 2120 | $21.6B)
Cars (Carvana)
(# Cos: 1630 | $21.1B)
P2P Marketplace (CARRO)
(# Cos: 135 | $5.3B)
CARRO
(2015, Singapore, $479M)
CarSwitch
(2016, United Arab Emi.., $9.3M)
Volanty
(2016, Brazil, $19.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CARRO (2015, Singapore)
$360M - Series C - Jun 2021
Guazi (2012, China)
$300M - Series D - Jun 2021

19. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Nuro (2016, United States)
$500M - Series C - Nov 2020
Gatik (2011, United States)
$85.0M - Series B - Aug 2021
Gatik (2011, United States)
$25.0M - Series A - Nov 2020
Venti (2016, China)
$8.0M - Seed - Jul 2021
Gatik (2011, United States)
$7.1M - Series A - Mar 2021
StreetDrone (2017, United Kingdom)
$4.1M - Seed - Sep 2021
Ducktrain (2018, Germany)
$1.8M - Seed - Jan 2021
View all 10 Funding Rounds on Tracxn Platform
Autonomous Delivery Vehicles
11
19
Back to index
Autonomous Vehicles (Scale)
(# Cos: 740 | $39.2B)
Self Driving Technology (Aurora)
(# Cos: 248 | $27.9B)
Delivery Vehicles (Nuro)
(# Cos: 16 | $1.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$631M( -- )
10( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.9B
14
-
16
3
Nuro
(2016, United States, $1.5B)
AutoX
(2016, United States, $187M)
Udelv
(2016, United States, $1.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

20. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
B2C Used Cars Marketplaces
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$610M(▲4533%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$3.6B
45
3
148
13
Auto E-Commerce & Content (Acko)
(# Cos: 7677 | $34.6B)
Second Hand Vehicles (CARS24)
(# Cos: 2120 | $21.6B)
Cars (Carvana)
(# Cos: 1630 | $21.1B)
B2C Marketplace (Carwow)
(# Cos: 148 | $3.6B)
Carwow
(2010, United Kingdom, $99.2M)
Insurance Auto Auctions
(1982, United States)
cinch
(2019, United Kingdom, $1.3B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CarNext (2017, Netherlands)
$475M - Series D - Jul 2021
Taoche (2012, China)
$76.5M - Series C - Dec 2020
InstaMotion (2015, Germany)
$28.9M - Series B - Mar 2021
Syarah (2015, Saudi Arabia)
$20.0M - Series B - Aug 2021
Curbie (2017, Canada)
$7.0M - Seed - May 2021
Automarket (2020, Nigeria)
$3.4M - Seed - Nov 2020
Youcku (2015, China)
Undisclosed - Series A - Nov 2020

21. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
The Zebra (2012, United States)
$150M - Series D - Apr 2021
DealerPolicy (2015, United States)
$110M - Series C - Aug 2021
Insurify (2013, United States)
$100M - Series B - Sep 2021
Jerry (2017, United States)
$75.0M - Series C - Aug 2021
RenewBuy (2014, India)
$45.0M - Series C - Jun 2021
DealerPolicy (2015, United States)
$30.0M - Series B - Feb 2021
Jerry (2017, United States)
$28.0M - Series B - May 2021
View all 9 Funding Rounds on Tracxn Platform
Auto Insurance Distribution Platforms
13
21
Back to index
Auto E-Commerce & Content (Carvana)
(# Cos: 7677 | $34.6B)
Insurance (Acko)
(# Cos: 515 | $4.3B)
Distribution Platform (RenewBuy)
(# Cos: 290 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$568M(▲537%)
9( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$1.5B
59
3
290
15
RenewBuy
(2014, India, $89.7M)
Insurify
(2013, United States, $132M)
Prima Assicurazioni
(2013, Italy, $116M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Gojek (2010, Indonesia)
$300M - Series H - May 2021
Gojek (2010, Indonesia)
$150M - Series G - Nov 2020
Rapido (2015, India)
$52.0M - Series C - Aug 2021
Rapido (2015, India)
$42.8M - Series C - Apr 2021
Bykea (2016, Pakistan)
$13.0M - Series B - Sep 2020
Pedal Me (2017, United Kingdom)
$834K - Seed - Apr 2021
Ecobodaa (2020, Kenya)
Undisclosed - Seed - Apr 2021
Two Wheeler Ride Hailing
14
22
Back to index
Road Transport Tech (Lime)
(# Cos: 14286 | $97.2B)
Ride Hailing (Grab)
(# Cos: 4344 | $68.8B)
Motorized Two-Wheelers (Gojek)
(# Cos: 151 | $5.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$559M(▼55.4%)
7(▼30%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$5.1B
29
-
151
5
Gojek
(2010, Indonesia, $4.9B)
Rapido
(2015, India, $177M)
Bykea
(2016, Pakistan, $25.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Free Float Electric Kick Scooter Rentals
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$505M(▼35.8%)
10(▼9.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$3.0B
33
-
138
10
Electric Vehicles (ChargePoint)
(# Cos: 7488 | $67.6B)
Vehicle as a Service (Dott)
(# Cos: 950 | $7.1B)
Kick Scooters (Bird)
(# Cos: 274 | $3.3B)
Free Float (Lime)
(# Cos: 138 | $3.0B)
Lime
(2017, United States, $1.0B)
Bird
(2017, United States, $766M)
Dott
(2018, Netherlands, $142M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TIER (2018, Germany)
$250M - Series C - Nov 2020
Voi (2018, Sweden)
$107M - Series C - Dec 2020
Dott (2018, Netherlands)
$85.0M - Series B - Apr 2021
Voi (2018, Sweden)
$45.0M - Series C - Aug 2021
Blue Duck Sco.. (2018, United States)
$8.4M - Series B - Oct 2020
Blue Duck Sco.. (2018, United States)
$4.9M - Series B - Oct 2020
ZEUS (2019, Germany)
$2.4M - Angel - Jan 2021
View all 10 Funding Rounds on Tracxn Platform

24. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Connected Car Platform
16
24
Back to index
Connected Vehicles (Samsara)
(# Cos: 2175 | $9.1B)
Connected Car Platform (Aeris)
(# Cos: 174 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$499M(▲4058%)
8(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$1.7B
79
3
174
19
Aeris
(1992, United States, $29.0M)
Mojio
(2012, Canada, $80.6M)
Telenav
(1999, United States, $30.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Banma Network Technol.. (2016, China)
$464M - Series B - Jul 2021
Megatronix (2018, China)
$100M - Series C - May 2021
Sonatus (2018, United States)
$35.0M - Series A - Jul 2021
UBiAi Technology (2016, China)
$10.0M - Series A - Nov 2020
Motorq (2016, United States)
$7.0M - Series A - Dec 2020
Cerebrum X (2020, United States)
$5.5M - Series A - Mar 2021
Wejo (2013, United Kingdom)
Undisclosed - Series B - Mar 2021
View all 8 Funding Rounds on Tracxn Platform

25. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Scale (2016, United States)
$325M - Series E - Apr 2021
Scale (2016, United States)
$155M - Series D - Dec 2020
Parallel Domain (2017, United States)
$11.0M - Series A - Dec 2020
Annotell (2018, Sweden)
$6.8M - Series A - Sep 2020
Segments (2018, Belgium)
$125K - Seed - Jan 2021
Tactile Mobility (2012, Israel)
Undisclosed - Series A - Jan 2021
Autonomous Vehicles Training Data
17
25
Back to index
Autonomous Vehicles (Aurora)
(# Cos: 740 | $39.2B)
Testing (Applied Intuition)
(# Cos: 100 | $1.2B)
Training Data (Scale)
(# Cos: 29 | $735M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$498M(▲2658%)
6(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$735M
16
-
29
5
Scale
(2016, United States, $603M)
Playment
(2015, India, $2.4M)
Mighty AI
(2014, United States, $27.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Electric Aircraft Manufacturers
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$423M(▲5444%)
7(▲133%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$558M
15
-
32
3
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Automaker (Nuro)
(# Cos: 3584 | $52.4B)
Aerial (Volocopter)
(# Cos: 126 | $2.4B)
Aircraft (JetPack Aviation)
(# Cos: 32 | $558M)
JetPack Aviation
(2015, United States, $2.6M)
ICON Aircraft
(2005, United States, $113M)
BETA
(2017, United States, $368M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BETA (2017, United States)
$368M - Series D - Mar 2021
Heart Aerospace (2018, Sweden)
$35.0M - Series A - Jul 2021
Bye Aerospace (2007, United States)
$7.9M - Series C - May 2021
Autonomous F.. (2017, United Kingdom)
$6.9M - Series A - Apr 2021
Bye Aerospace (2007, United States)
$5.1M - Series C - Nov 2020
Ribbit (2019, Canada)
$50.0K - Seed - Nov 2020
BETA (2017, United States)
Undisclosed - Series D - May 2021

27. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Hydrogen Powered Electric Commercial
Vehicle Manufacturers
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$400M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$400M
1
-
2
0
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Automaker (Tesla)
(# Cos: 3584 | $52.4B)
Commercial Vehicles (Nuro)
(# Cos: 556 | $4.8B)
Multi Category Commercial Vehicles
(Arrival)
(# Cos: 49 | $647M)
Hydrogen Powered (Hyzon Motors)
(# Cos: 2 | $400M)
Hyzon Motors
(2019, United States, $400M)
Holthausen Clean Techn..
(2011, Netherlands)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hyzon Motors (2019, United States)
$400M - Series A - Feb 2021
Hyzon Motors (2019, United States)
Undisclosed - Seed - Oct 2020

28. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Clearcover (2016, United States)
$200M - Series D - Apr 2021
Zego (2016, United Kingdom)
$150M - Series C - Mar 2021
Marshmallow (2017, United Kingdom)
$85.0M - Series B - Sep 2021
Hellas Direct (2011, Greece)
$38.2M - Series C - Jun 2021
Marshmallow (2017, United Kingdom)
$30.0M - Series A - Nov 2020
Naked (2016, South Africa)
$11.1M - Series A - Aug 2021
Mile Auto (2017, United States)
$10.3M - Seed - May 2021
View all 15 Funding Rounds on Tracxn Platform
Internet First Auto Insurers
20
28
Back to index
Auto E-Commerce & Content (Carvana)
(# Cos: 7677 | $34.6B)
Insurance (Zego)
(# Cos: 515 | $4.3B)
Internet First Insurer (Acko)
(# Cos: 196 | $2.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$360M(▲127%)
15( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$2.6B
77
2
196
21
Acko
(2016, India, $229M)
Zego
(2016, United Kingdom, $202M)
Clearcover
(2016, United States, $329M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Electric Vehicle Li-Ion Battery
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$326M(▲2176%)
9(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.1B
30
6
92
9
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Components (KPIT Technologies)
(# Cos: 596 | $5.0B)
Batteries (QuantumScape)
(# Cos: 222 | $3.4B)
Multi Category Vehicles (StoreDot)
(# Cos: 108 | $1.1B)
Lithium Ion (Cygni Energy)
(# Cos: 92 | $1.1B)
Cygni Energy
(2014, India, $9.4M)
StoreDot
(2012, Israel, $146M)
SES
(2012, United States, $239M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SES (2012, United States)
$139M - Series D - Apr 2021
Solid Power (2011, United States)
$130M - Series B - May 2021
SES (2012, United States)
$100M - Series D - Jul 2021
Enevate (2006, United States)
$81.0M - Series E - Feb 2021
Forsee Power (2011, France)
$78.8M - Series C - Feb 2021
Solid Power (2011, United States)
$26.0M - Series B - Oct 2020
Lohum (2011, India)
$7.0M - Series A - Dec 2020
View all 9 Funding Rounds on Tracxn Platform

30. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Non Hybrid Flying Cars
22
30
Back to index
Flying Cars (Joby Aviation)
(# Cos: 85 | $1.7B)
Non Hybrid Vehicles (Volocopter)
(# Cos: 52 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$326M(▼64%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.7B
22
-
52
6
Volocopter
(2011, Germany, $388M)
Joby Aviation
(2009, United States, $820M)
Daedalean
(2016, Switzerland, $12.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Volocopter (2011, Germany)
$241M - Series D - Mar 2021
Joby Aviation (2009, United States)
$75.0M - Series C - Dec 2020
UrbanAero (2002, Israel)
$10.0M - Series A - Sep 2021

31. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Electric Bike Manufacturers
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$321M(▲150%)
10(▼37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$604M
76
-
848
9
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Automaker (Nuro)
(# Cos: 3584 | $52.4B)
Two Wheelers (Ola Electric)
(# Cos: 1526 | $2.4B)
Bicycles (VanMoof)
(# Cos: 848 | $604M)
VanMoof
(2009, Netherlands, $189M)
Rad Power Bikes
(2007, United States, $175M)
Cowboy
(2017, Belgium, $45.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Rad Power Bikes (2007, United States)
$150M - Series C - Feb 2021
VanMoof (2009, Netherlands)
$128M - Series C - Sep 2021
Super73 (2011, United States)
$20.0M - Series B - Feb 2021
Angell (2019, France)
$14.2M - Series A - Jul 2021
MATE (2016, Denmark)
$6.7M - Series A - Oct 2020
Modmo (2019, Ireland)
$1.2M - Seed - Apr 2021
Tiller Rides (2016, Australia)
$550K - Seed - Aug 2021
View all 10 Funding Rounds on Tracxn Platform

32. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Applied Intui.. (2017, United States)
$125M - Series C - Oct 2020
QCraft.ai (2019, China)
$100M - Series A - Aug 2021
Foretellix (2018, Israel)
$32.0M - Series B - Sep 2021
QCraft.ai (2019, China)
$25.0M - Series A - Mar 2021
MORAI (2018, South Korea)
$1.8M - Series A - Nov 2020
QCraft.ai (2019, China)
Undisclosed - Seed - Oct 2020
Autonomous Driving Simulation
Platforms
24
32
Back to index
Autonomous Vehicles (Aurora)
(# Cos: 740 | $39.2B)
Testing (Scale)
(# Cos: 100 | $1.2B)
Simulation (Applied Intuition)
(# Cos: 54 | $452M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$284M(▲1022%)
6(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$452M
24
-
54
5
Applied Intuition
(2017, United States, $177M)
Foretellix
(2018, Israel, $50.0M)
Cognata
(2016, Israel, $23.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

33. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
ZongMu Technology (2013, China)
$190M - Series D - Jun 2021
MINIEYE (2013, China)
$40.2M - Series C - Oct 2020
Anzhi Auto (2016, China)
$7.8M - Series A - May 2021
Provizio (2019, Ireland)
$6.2M - Seed - Nov 2020
Quixote (2018, India)
$67.8K - Seed - Sep 2020
Enjoy Move (2018, China)
Undisclosed - Series A - Jun 2021
Chu Hang Technology (2018, China)
Undisclosed - Series A - Jul 2021
View all 8 Funding Rounds on Tracxn Platform
Advanced Driver Assistance Systems
25
33
Back to index
Connected Vehicles (Samsara)
(# Cos: 2175 | $9.1B)
Safety and Security (Netradyne)
(# Cos: 491 | $2.4B)
ADAS (Light)
(# Cos: 128 | $707M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$244M(▲281%)
8(▲14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$707M
62
-
128
10
Light
(2013, United States, $186M)
Pearl Auto
(2014, United States, $50.0M)
ESCORT
(1978, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
C2B Used Cars Auction Platforms
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$236M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$534M
2
-
8
2
Auto E-Commerce & Content (Acko)
(# Cos: 7677 | $34.6B)
Second Hand Vehicles (TrueCar)
(# Cos: 2120 | $21.6B)
Cars (Carvana)
(# Cos: 1630 | $21.1B)
C2B Marketplace (CARS24)
(# Cos: 119 | $3.0B)
Auction (Motorway)
(# Cos: 8 | $534M)
Motorway
(2016, United Kingdom, $86.0M)
Tiantian Paiche
(2014, China, $448M)
Tomber à pic
(2020, France)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tiantian Paiche (2014, China)
$168M - Series E - Oct 2020
Motorway (2016, United Kingdom)
$67.7M - Series B - Jun 2021

35. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
UISEE (2016, China)
$154M - Series C - Jan 2021
EasyMile (2014, France)
$66.0M - Series B - Apr 2021
Glydways (2016, United States)
$5.0M - Series C - Apr 2021
Glydways (2016, United States)
$70.0K - Series C - Dec 2020
Local Motors (2007, United States)
Undisclosed - Series B - May 2021
Moovita (2016, Singapore)
Undisclosed - Series A - Jun 2021
Autonomous Shuttles
27
35
Back to index
Autonomous Vehicles (Scale)
(# Cos: 740 | $39.2B)
Self Driving Technology (Aurora)
(# Cos: 248 | $27.9B)
Shuttles (Zoox)
(# Cos: 39 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$225M(▼34%)
6( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$1.5B
18
1
39
7
Zoox
(2014, United States, $950M)
May Mobility
(2017, United States, $83.6M)
Optimus Ride
(2015, United States, $44.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
EV Power (2010, China)
$54.7M - Series D - Jun 2021
FreeWire Tech.. (2014, United States)
$50.0M - Series C - Jan 2021
Wallbox (2015, Spain)
$40.0M - Series C - Feb 2021
Wirelane (2017, Germany)
$21.2M - Series B - Aug 2021
Charge Amps (2012, Sweden)
$15.3M - Series B - Mar 2021
Magenta Chargegrid (2020, India)
$15.0M - Series A - May 2021
Exicom Tele-Systems (1994, India)
$10.2M - Series B - Sep 2020
View all 20 Funding Rounds on Tracxn Platform
Plug in Electric Vehicle Chargers
28
36
Back to index
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Charging Solutions (ChargePoint)
(# Cos: 1313 | $3.0B)
Plug in Charging (Wallbox)
(# Cos: 504 | $785M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$209M(▲318%)
20(▲42.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
39
$785M
135
5
504
22
Wallbox
(2015, Spain, $70.2M)
FreeWire Technologies
(2014, United States, $103M)
POD Point
(2009, United Kingdom, $58.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Online Shuttle Aggregators
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$206M(▼52%)
4(▼63.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$1.5B
53
-
128
9
Road Transport Tech (Grab)
(# Cos: 14286 | $97.2B)
Mass Transit (FlixBus)
(# Cos: 1556 | $4.4B)
Shuttle (Swvl)
(# Cos: 187 | $1.7B)
Aggregator (Via)
(# Cos: 128 | $1.5B)
Via
(2012, United States, $1.0B)
Cityflo
(2015, India, $15.3M)
Urbvan
(2016, Mexico, $9.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Buser (2017, Brazil)
$138M - Series C - Jun 2021
Via (2012, United States)
$60.0M - Series E - Mar 2021
Cityflo (2015, India)
$8.0M - Series A - Nov 2020
BusUp (2016, Spain)
$6.0M - Series A - Feb 2021

38. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Electric Bus Manufacturers
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$930M
15
4
44
1
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Automaker (Tesla)
(# Cos: 3584 | $52.4B)
Commercial Vehicles (Nuro)
(# Cos: 556 | $4.8B)
Buses (Proterra)
(# Cos: 44 | $930M)
Proterra
(2004, United States, $858M)
GreenPower Motor Company
(2010, Canada)
New Flyer Industries
(1930, Canada)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Proterra (2004, United States)
$200M - Series H - Oct 2020

39. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
KeepTruckin (2013, United States)
$190M - Series E - Jun 2021
Fleetx (2017, India)
$3.1M - Series A - Oct 2020
Luna (2019, Ireland)
$477K - Seed - Mar 2021
Cyrrup (2015, India)
$199K - Seed - Apr 2021
Targa Telematics (2015, Italy)
Undisclosed - Seed - Jun 2021
Telematics Based Fleet Management
31
39
Back to index
Connected Vehicles (Metromile)
(# Cos: 2175 | $9.1B)
Vehicle Telematics (KeepTruckin)
(# Cos: 994 | $2.6B)
Fleet Management (Samsara)
(# Cos: 336 | $1.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$190M(▼52.6%)
5(▼37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
28
$1.8B
71
2
336
7
Samsara
(2015, United States, $930M)
KeepTruckin
(2013, United States, $417M)
Fleetx
(2017, India, $6.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

40. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Internet First Pay Per Mile Insurers
32
40
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$183M(▼67.3%)
7(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.8B
46
2
88
14
Auto E-Commerce & Content (Carvana)
(# Cos: 7677 | $34.6B)
Insurance (Clearcover)
(# Cos: 515 | $4.3B)
Internet First Insurer (Acko)
(# Cos: 196 | $2.6B)
Usage Based (Zego)
(# Cos: 88 | $1.8B)
Zego
(2016, United Kingdom, $202M)
Metromile
(2011, United States, $295M)
Cuvva
(2014, United Kingdom, $21.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zego (2016, United Kingdom)
$150M - Series C - Mar 2021
Naked (2016, South Africa)
$11.1M - Series A - Aug 2021
Mile Auto (2017, United States)
$10.3M - Seed - May 2021
Noblr (2016, United States)
$5.0M - Series A - Dec 2020
Inzmo (2015, Estonia)
$3.8M - Seed - Jan 2021
Loop (2015, United States)
$3.3M - Seed - Jan 2021
My Policy (2010, United Kingdom)
Undisclosed - Seed - Feb 2021

41. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Online Used Cars Outright Buyers
33
41
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$173M(▲107%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$286M
10
-
117
2
Auto E-Commerce & Content (Acko)
(# Cos: 7677 | $34.6B)
Second Hand Vehicles (CARS24)
(# Cos: 2120 | $21.6B)
Cars (Carvana)
(# Cos: 1630 | $21.1B)
Outright Buyer (Spinny)
(# Cos: 117 | $286M)
Spinny
(2015, India, $236M)
Gaadi.com
(2008, India)
SellAnyCar.com
(2013, United Arab Emi.., $50.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Spinny (2015, India)
$108M - Series D - Jul 2021
Spinny (2015, India)
$65.0M - Series C - Mar 2021
Spinny (2015, India)
$58.5K - Series B - Feb 2021

42. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Vehicles Cameras
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$168M(▲274%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$577M
19
2
29
9
Autonomous Vehicles (Aurora)
(# Cos: 740 | $39.2B)
Enabling Technologies (Velodyne Lidar)
(# Cos: 311 | $9.4B)
Perception (Luminar Technologies)
(# Cos: 222 | $8.8B)
Sensor (Innoviz)
(# Cos: 132 | $4.3B)
Camera (Light)
(# Cos: 29 | $577M)
Light
(2013, United States, $186M)
Ambarella
(2004, United States, $15.4M)
TriEye
(2017, Israel, $22.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CalmCar (2016, China)
$150M - Series C - Jul 2021
AdaSky (2015, Israel)
$15.0M - Series B - Oct 2020
Opteran (2019, United Kingdom)
$2.8M - Seed - Nov 2020
Prophesee (2014, France)
Undisclosed - Series C - Jul 2021

43. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
P2P Aggregator Cars Rentals
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$156M(▲274%)
8(▲14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$2.0B
80
-
240
8
Road Transport Tech (Grab)
(# Cos: 14286 | $97.2B)
Self Drive Rentals (Lime)
(# Cos: 2735 | $16.0B)
Car (Zipcar)
(# Cos: 1200 | $4.5B)
Aggregator (Getaround)
(# Cos: 478 | $2.2B)
P2P (Turo)
(# Cos: 240 | $2.0B)
Turo
(2010, United States, $500M)
Getaround
(2009, United States, $736M)
Car Next Door
(2012, Australia, $15.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Getaround (2009, United States)
$140M - Series E - Oct 2020
GoMore (2005, Denmark)
$8.8M - Series A - Apr 2021
Karshare (2020, United Kingdom)
$4.2M - Seed - Aug 2021
Karshare (2020, United Kingdom)
$1.9M - Seed - Jan 2021
Ejaro (2014, Saudi Arabia)
$850K - Seed - Jan 2021
Sharik (2018, Saudi Arabia)
$666K - Seed - Jul 2021
Atzuche (2014, China)
Undisclosed - Series D - Dec 2020
View all 8 Funding Rounds on Tracxn Platform

44. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Solid State Electric Vehicle Battery
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$156M( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$182M
1
-
1
1
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Components (KPIT Technologies)
(# Cos: 596 | $5.0B)
Batteries (QuantumScape)
(# Cos: 222 | $3.4B)
Multi Category Vehicles (StoreDot)
(# Cos: 108 | $1.1B)
Lithium Ion (Cygni Energy)
(# Cos: 92 | $1.1B)
Solid State (Solid Power)
(# Cos: 1 | $182M)
Solid Power
(2011, United States, $182M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Solid Power (2011, United States)
$130M - Series B - May 2021
Solid Power (2011, United States)
$26.0M - Series B - Oct 2020
Solid Power (2011, United States)
Undisclosed - Series B - Jun 2021

45. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Tekion (2016, United States)
$150M - Series C - Oct 2020
DealerPeak (1999, United States)
$3.1M - Series A - Aug 2021
Auto Dealership Management Software
37
45
Back to index
Auto IT (Tractable)
(# Cos: 1987 | $2.0B)
Dealer Management (Digital Air Strike)
(# Cos: 1381 | $857M)
Dealership Management System
(Reynolds and Reynolds)
(# Cos: 285 | $187M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$153M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
30
$187M
28
2
285
1
Reynolds and Reynolds
(1866, United States, $24.8M)
Tekion
(2016, United States, $150M)
DealerSocket
(2001, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

46. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Driver Monitoring Systems
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$150M(▲577%)
1(▼75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.0B
48
1
115
6
Connected Vehicles (Samsara)
(# Cos: 2175 | $9.1B)
Safety and Security (Argus Cyber Security)
(# Cos: 491 | $2.4B)
Cabin Monitoring (Nauto)
(# Cos: 131 | $1.1B)
Driver Monitoring (Netradyne)
(# Cos: 115 | $1.0B)
Netradyne
(2015, United States, $207M)
Nauto
(2015, United States, $183M)
Cambridge Mobile Telem..
(2010, United States, $503M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Netradyne (2015, United States)
$150M - Series C - Jul 2021

47. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Netradyne (2015, United States)
$150M - Series C - Jul 2021
Car Fleet Safety Management Software
39
47
Back to index
Road Transport Tech (Grab)
(# Cos: 14286 | $97.2B)
Fleet Management (LocoNav)
(# Cos: 1124 | $1.2B)
Safety Management (Netradyne)
(# Cos: 23 | $354M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$150M(▲644%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$354M
13
-
23
3
Netradyne
(2015, United States, $207M)
GreenRoad
(2004, United States, $87.0M)
Zendrive
(2013, United States, $60.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
PATEO (2009, China)
$128M - Series B - Aug 2021
JidouAuto (2014, China)
$15.5M - Series B - Feb 2021
PATEO (2009, China)
Undisclosed - Series B - Oct 2020
In Vehicle Infotainment Systems
40
48
Back to index
Connected Vehicles (Samsara)
(# Cos: 2175 | $9.1B)
In Vehicle Infotainment (Drivemode)
(# Cos: 258 | $983M)
Infotainment System (Rand McNally)
(# Cos: 110 | $382M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$144M(▲ >10K%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$382M
35
1
110
3
Rand McNally
(1856, United States)
PATEO
(2009, China, $174M)
Xona Space Systems
(2019, United States, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

49. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Own Fleet Car Ride Hailing
41
49
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$142M(▲1509%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.9B
20
1
642
7
Road Transport Tech (Lime)
(# Cos: 14286 | $97.2B)
Ride Hailing (Gojek)
(# Cos: 4344 | $68.8B)
Cars (Lyft)
(# Cos: 4099 | $63.6B)
Taxi (Careem)
(# Cos: 3955 | $63.3B)
Intracity (Grab)
(# Cos: 3349 | $63.3B)
Own-Fleet (Alto)
(# Cos: 642 | $1.9B)
Alto
(2018, United States, $58.0M)
Lithium Urban Technolo..
(2013, India, $19.3M)
Hype
(2015, France, $96.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hype (2015, France)
$96.6M - Series C - Jan 2021
Alto (2018, United States)
$45.0M - Series B - Jun 2021
Shouqi Limousine & Ch.. (2015, China)
Undisclosed - Series C - Oct 2020

50. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Canada Drives (2010, Canada)
$79.4M - Series B - Aug 2021
MotoRefi (2016, United States)
$45.0M - Series B - May 2021
MotoRefi (2016, United States)
$10.0M - Series A - Jan 2021
CarClarity (2020, Australia)
$3.0M - Series A - Sep 2021
Driva (2019, Australia)
$3.0M - Seed - May 2021
CarClarity (2020, Australia)
$781K - Seed - Mar 2021
Vehicle Loans Distribution Platforms
42
50
Back to index
Auto E-Commerce & Content (Carvana)
(# Cos: 7677 | $34.6B)
Financing (Oodle Car Finance)
(# Cos: 274 | $1.9B)
Aggregator (AutoFi)
(# Cos: 200 | $853M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$141M(▲99.9%)
6(▼14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$853M
43
-
200
9
AutoFi
(2015, United States, $42.1M)
Octane Lending
(2013, United States, $93.5M)
AutoPay
(1997, United States, $7.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

51. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Brands Sponsored Electric Vehicle
Charging Network
43
51
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$125M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$216M
1
-
1
1
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Charging Solutions (Wallbox)
(# Cos: 1313 | $3.0B)
Station Network (NewMotion)
(# Cos: 570 | $1.7B)
Charging (EV Connect)
(# Cos: 547 | $1.5B)
Operators (ChargePoint)
(# Cos: 377 | $1.3B)
Brands Sponsored (Volta)
(# Cos: 1 | $216M)
Volta
(2010, United States, $216M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Volta (2010, United States)
$125M - Series D - Jan 2021

52. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Electric Truck
Manufacturers
44
52
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$120M(▲380%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$162M
2
-
3
1
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Automaker (Tesla)
(# Cos: 3584 | $52.4B)
Commercial Vehicles (Nuro)
(# Cos: 556 | $4.8B)
Trucks (Nikola Motor)
(# Cos: 28 | $1.1B)
Autonomous (Einride)
(# Cos: 3 | $162M)
Einride
(2016, Sweden, $160M)
Udelv
(2016, United States, $1.4M)
Teleport
(2019, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Einride (2016, Sweden)
$110M - Series B - May 2021
Einride (2016, Sweden)
$10.0M - Series A - Oct 2020

53. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Vehicles Radars
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$113M(▲213%)
13(▲225%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$256M
27
-
33
12
Autonomous Vehicles (Aurora)
(# Cos: 740 | $39.2B)
Enabling Technologies (Velodyne Lidar)
(# Cos: 311 | $9.4B)
Perception (Luminar Technologies)
(# Cos: 222 | $8.8B)
Sensor (Innoviz)
(# Cos: 132 | $4.3B)
Radar (Oculii)
(# Cos: 33 | $256M)
Oculii
(2013, United States, $75.0M)
Arbe
(2015, Israel, $55.0M)
WaveSense
(2017, United States, $18.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Oculii (2013, United States)
$55.0M - Series B - May 2021
WaveSense (2017, United States)
$15.0M - Series A - Mar 2021
Smart Radar Sys.. (2017, South Korea)
$10.2M - Series B - Dec 2020
Spartan Radar (2020, United States)
$10.0M - Seed - Aug 2021
Zendar (2017, United States)
$8.0M - Series A - Jun 2021
Lunewave (2017, United States)
$7.0M - Series A - Nov 2020
Zadar Labs (2019, United States)
$5.6M - Seed - Jan 2021
View all 13 Funding Rounds on Tracxn Platform

54. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Vehicles Perception
Software
46
54
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$111M(▲123%)
7( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$334M
40
2
71
12
Autonomous Vehicles (Aurora)
(# Cos: 740 | $39.2B)
Enabling Technologies (Luminar Technologies)
(# Cos: 311 | $9.4B)
Perception (Innoviz)
(# Cos: 222 | $8.8B)
Software (Algolux)
(# Cos: 71 | $334M)
Algolux
(2014, Canada, $31.8M)
Cortica
(2007, Israel, $37.9M)
DeepScale
(2015, United States, $18.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Recogni (2004, United States)
$48.9M - Series B - Feb 2021
MINIEYE (2013, China)
$40.2M - Series C - Oct 2020
Algolux (2014, Canada)
$18.4M - Series B - Jun 2021
LGN (2019, United Kingdom)
$2.0M - Series A - Mar 2021
LGN (2019, United Kingdom)
$1.3M - Series A - Dec 2020
Zenseact (2020, Sweden)
Undisclosed - Seed - Jul 2021
MINIEYE (2013, China)
Undisclosed - Series D - Jul 2021

55. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
B2C Vehicle Repair Services Aggregators
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M(▲156%)
12( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$678M
125
-
590
15
Auto E-Commerce & Content (Carvana)
(# Cos: 7677 | $34.6B)
Aftermarket Service (Yoshi)
(# Cos: 1484 | $1.6B)
Repair (YourMechanic)
(# Cos: 841 | $994M)
Aggregators (Wrench)
(# Cos: 591 | $692M)
B2C (GoMechanic)
(# Cos: 590 | $678M)
GoMechanic
(2016, India, $62.0M)
Wrench
(2016, United States, $37.2M)
Pitstop
(2015, India, $10.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MyTVS (2003, India)
$50.5M - Series D - Aug 2021
GoMechanic (2016, India)
$42.0M - Series C - Jun 2021
Vroomly (2017, France)
$6.0M - Series A - Feb 2021
Pitstop (2015, India)
$3.5M - Series A - Apr 2021
Otoklix (2019, Indonesia)
$2.0M - Seed - Nov 2020
MyTVS (2003, India)
$1.6M - Series C - Feb 2021
Automovill (2015, India)
$500K - Seed - Jul 2021
View all 12 Funding Rounds on Tracxn Platform

56. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Electric Scooter Manufacturers
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$106M(▲403%)
11(▲37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$1.3B
52
3
294
12
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Automaker (Nuro)
(# Cos: 3584 | $52.4B)
Two Wheelers (Gogoro)
(# Cos: 1526 | $2.4B)
Scooters (Ola Electric)
(# Cos: 294 | $1.3B)
Ola Electric
(2017, India, $326M)
Gogoro
(2011, Taiwan, $480M)
Ather Energy
(2013, India, $158M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ather Energy (2013, India)
$35.1M - Series D - Nov 2020
Hero Electric (2007, India)
$29.5M - Series B - Jul 2021
Unu (2013, Germany)
$21.5M - Series B - Jun 2021
RED Electric (2015, France)
$12.1M - Series B - Jan 2021
SWAG EV (2018, Thailand)
$5.0M - Series A - Oct 2020
PURE (2015, India)
$1.4M - Seed - Oct 2020
Okinawa Scooters (2015, India)
$794K - Seed - Sep 2020
View all 11 Funding Rounds on Tracxn Platform

57. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Electric Two Wheeler Battery Swapping
49
57
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M(▲233%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$201M
5
-
12
2
Electric Vehicles (Lime)
(# Cos: 7488 | $67.6B)
Charging Solutions (Volta)
(# Cos: 1313 | $3.0B)
Station Network (ChargePoint)
(# Cos: 570 | $1.7B)
Battery Swapping (Lithion Power)
(# Cos: 23 | $203M)
Two Wheelers (EHuanDian)
(# Cos: 12 | $201M)
EHuanDian
(2015, China, $100M)
Lithion Power
(2016, India, $751K)
Batterypool
(2018, India, $34.0K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Oyika (2018, Singapore)
$100M - Series C - Apr 2021
Lithion Power (2016, India)
$135K - Angel - Mar 2021
Batterypool (2018, India)
Undisclosed - Seed - Aug 2021
Oyika (2018, Singapore)
Undisclosed - Series C - Jun 2021

58. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Auto Tech - Top Business Models Report
Recent Funding Rounds
Upstream Security (2017, Israel)
$62.0M - Series C - Aug 2021
Upstream Security (2017, Israel)
$36.0M - Series C - May 2021
Automotive Cybersecurity
50
58
Back to index
Connected Vehicles (Samsara)
(# Cos: 2175 | $9.1B)
Safety and Security (Netradyne)
(# Cos: 491 | $2.4B)
Cybersecurity (Argus Cyber Security)
(# Cos: 44 | $278M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$98.0M(▲113%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$278M
25
1
44
8
Argus Cyber Security
(2013, Israel, $30.0M)
Upstream Security
(2017, Israel, $139M)
GuardKnox
(2015, Israel, $24.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

59. Auto Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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