Autotech Ventures has raised a $230M funding round to invest in transportation startups.

 

Autotech Ventures has raised a $230M funding round to invest in transportation startups. 

 The firm currently has $500M under management.

  • Autotech Ventures has invested in more than 40 startups, several of which have reached unicorn status and/or have exited. Some of these startups are:
    • Lyft,
    • DeepScale (acquired by Tesla),
    • Indie Semiconductor,
    • Volta Charging,
    • Outdoorsy,
    • SWVL,
    • XNOR.AI,
    • Digital Motors,
    • Drover,
    • and Frontier Car Group.
  • The firm aims to invest in startups from the Seed stage up to Series C.
  • In addition to companies that provide direct transportation solutions, Autotech aims to invest in companies that offer fintech services within the transportation industry.
  • Autotech Ventures is based in Menlo Park, California.

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