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.