69 Best Automotive Industry Startups to Watch in 2025

The Definitive Seedtable Ranking of Automotive Industry Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 716 start-ups with an aggregate funding of $41.1b. The average funding per company in this subset is $595.3m.

Last update to the database: Feb 18, 2025. See changelog.

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What3words logo

What3words

What3words is a London-based company developing a global address system. The company was founded by Jack Waley-Cohen, Chris Sheldrick, Mohan Ganesalingam, and Michael Dent.

15

Funding Rounds

$43.0m

Money raised

Luminar Technologies logo

Luminar Technologies

Luminar Technologies is an Orlando, Florida-based automotive industry company.

9

Funding Rounds

$995.5m

Money raised

Mobius Motors logo

Mobius Motors

Mobius Motors is a Nairobi-based automotive company designing, manufacturing, and selling vehicles specifically for the African mass market.

3

Funding Rounds

PolyAI logo

PolyAI

PolyAI is a company building an enterprise conversational platform with AI-generated voice assistants to improve customer experience.

4

Funding Rounds

$68.4m

Money raised

Jsc Amkodor logo

Jsc Amkodor

Jsc Amkodor is a the JSC AMKODOR,holding managing company founded in 1989.

Waymo logo

Waymo

Waymo is a technology company developing autonomous car technology and is a subsidiary of Alphabet Inc.

3

Funding Rounds

$5.5b

Money raised

Cruise logo

Cruise

Cruise is a San Francisco-based company developing self-driving vehicles. Cruise was acquired by General Motors in 2016.

7

Funding Rounds

$8.9b

Money raised

Helm.ai (company) logo

Helm.ai (company)

Helm.ai is a start-up developing software for advanced driver assistance systems, autonomous driving, and robotics.

3

Funding Rounds

$70.0m

Money raised

Metawave Corporation logo

Metawave Corporation

Metawave is a Carlsbad, California-based developer of metamaterials for wireless communications, including materials for autonomous driving radar systems.

3

Funding Rounds

$17.0m

Money raised

ZeroAvia, Inc. logo

ZeroAvia, Inc.

ZeroAvia is an aerospace company developing practical zero emission aviation powertrains using hydrogen power.

3

Funding Rounds

$80.7m

Money raised

GoMechanic logo

GoMechanic

GoMechanic is an online vehicle repair platform that allows consumers to arrange car maintenance at a convenient time.

5

Funding Rounds

$60.6m

Money raised

Zoox logo

Zoox

Zoox is a robotics company developing autonomous vehicle fleet using the technology of robotics and machine learning.

5

Funding Rounds

$1.0b

Money raised

Northvolt logo

Northvolt

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy.

12

Funding Rounds

$6.9b

Money raised

Horizon Robotics logo

Horizon Robotics

Horizon Robotics provides computing solutions with a focus on energy efficiency for smart vehicles.

10

Funding Rounds

$4.1b

Money raised

Pony.ai logo

Pony.ai

A company developing artificial intelligence-based technology designed for autonomous vehicles. It was founded in 2016 and is located in Fremont, California.

9

Funding Rounds

$1.2b

Money raised

Getaround logo

Getaround

A company with a car-sharing platform and hardware. It was founded in 2009 and is located in San Francisco, California.

5

Funding Rounds

$502.3m

Money raised

WayRay logo

WayRay

WayRay is a Moscow-based developer of holographic augmented reality technologies for the automotive industry.

3

Funding Rounds

$108.0m

Money raised

CY Vision logo

CY Vision

CY Vision is California-based company developing computational holographic technology for cars.

2

Funding Rounds

$12.0m

Money raised

SpinCar logo

SpinCar

SpinCar is a company founded in 2014 by Devin Daly, Steven Saporta and Michael Quigley.

4

Funding Rounds

$130.0m

Money raised

Stratio Automotive logo

Stratio Automotive

Stratio is an AI-powered automation platform for transport companies.

2

Funding Rounds

$15.4m

Money raised

Gogoro logo

Gogoro

Taiwanese-based venture-backed company that develops and sells electric scooters and battery swapping infrastructure

1

Funding Rounds

$300.0m

Money raised

VeriTX Corp. logo

VeriTX Corp.

VeriTX Corp. is an East Aurora, New York-based developer of digital supply chain platform, marketplace, and related products and applications offering technologies to secure digital supply chain solutions and data integrity solutions.

4

Funding Rounds

$12.8m

Money raised

Voyage Auto logo

Voyage Auto

A technology company building products for enabling the autonomous operation of self-driving vehicles.

2

Funding Rounds

$46.0m

Money raised

YourMechanic logo

YourMechanic

YourMechanic is company providing an online marketplace for car repair services.

2

Funding Rounds

$12.0m

Money raised

Ouster logo

Ouster

An electronic manufacturing company with a focus on high-resolution LIDAR sensors. It was founded in 2015 and is located in San Francisco, California.

5

Funding Rounds

$232.0m

Money raised

Einride logo

Einride

A company designing and building autonomous electric transportation (AET) systems for freight and cargo.

11

Funding Rounds

$511.8m

Money raised

Metromile logo

Metromile

An insurance technology company offering automobile insurance at a base rate combined with payments for miles driven.

5

Funding Rounds

$385.5m

Money raised

DeepMap logo

DeepMap

An artificial intelligence company that has developed technology for mapping services specifically focused designed for autonomous vehicles. It was founded in 2016 and is based in Palo Alto, California.

3

Funding Rounds

$92.0m

Money raised

Phantom AI logo

Phantom AI

Phantom AI is a Mountain View, California-based developer of advanced driver-assistance systems (ADAS) to reduce acidents and create autonomous driving platforms.

2

Funding Rounds

$58.5m

Money raised

Vogo Rentals logo

Vogo Rentals

Vogo is an India-based company founded in 2016 that offers shared electric mopeds across India.

7

Funding Rounds

$81.5m

Money raised

Mapillary logo

Mapillary

Street-level imagery platform that uses computer vision to fix the world's maps

3

Funding Rounds

$24.5m

Money raised

Snapsheet logo

Snapsheet

An insurance technology company offering a platform for insurance claims.

4

Funding Rounds

$73.0m

Money raised

Carvana logo

Carvana

Carvana doesn't just sell used cars online, it also offers in-house financing to all eligible buyers. Here's how it works.

1

Funding Rounds

$160.0m

Money raised

German Autolabs logo

German Autolabs

German Autolabs is a Berlin, Deutschland-based automotive company founded by Patrick Weissert and Holger G. Weiss in 2016.

6

Funding Rounds

$18.3m

Money raised

Teraki logo

Teraki

Teraki provides a qualitative data platform for scaling insurance, maintenance, and autonomous driving applications.

4

Funding Rounds

$16.3m

Money raised

Coreshell Technologies logo

Coreshell Technologies

Coreshell Technologies is engineering liquid-deposited nanolayer coatings for Lithium Ion Batteries.

3

Funding Rounds

$27.8m

Money raised

CARS24 logo

CARS24

CARS24 is an India-based platform for selling used cars.

5

Funding Rounds

$533.6m

Money raised

Beepi logo

Beepi

Beepi is a California-based company founded in 2013 by Ale C Resnik.

1

Funding Rounds

$1.3m

Money raised

Mojio logo

Mojio

Mojio is the leading open platform for connecting cars and providing an expanding marketplace of apps and services that provide accurate, near real-time information about what's happening under the hood.

10

Funding Rounds

$138.6m

Money raised

Proterra, Inc. logo

Proterra, Inc.

Proterra is an American automotive and energy storage company based in Burlingame, California.

17

Funding Rounds

$1.5b

Money raised

CoverHound logo

CoverHound

An insurance technology company offering an automobile insurance consumer platform.

3

Funding Rounds

$66.9m

Money raised

Lucid Motors logo

Lucid Motors

An electric vehicle technology company making luxury electric vehicles.

4

Funding Rounds

$1.1b

Money raised

Faraday Bicycles logo

Faraday Bicycles

Faraday Bicycles is a San Francisco-based company founded in 2012 by Adam Vollmer.

7

Funding Rounds

$3.2m

Money raised

Netradyne logo

Netradyne

Netradyne engages in improving fleet safety through computer vision and in-depth data analysis.

6

Funding Rounds

$308.2m

Money raised

Fisker Automotive logo

Fisker Automotive

American electric vehicle automaker founded by henrik fisker

1

Funding Rounds

$50.0m

Money raised

Root Insurance logo

Root Insurance

Root Insurance is an insurance technology company offering car insurance founded in 2002.

4

Funding Rounds

$851.0m

Money raised

Pure Watercraft logo

Pure Watercraft

Pure Watercraft is a company that produces electric boats and motors. It was founded in 2011 by Andy Rebele and Kerwin Loukusa.

4

Funding Rounds

$217.5m

Money raised

Owl Autonomous Imaging logo

Owl Autonomous Imaging

Owl Autonomous Imaging is a developer of 3D thermal ranging solutions for the industrial and automotive mobility industries.

4

Funding Rounds

$15.0m

Money raised

Whill logo

Whill

Whill is a company known for designing, creating, and making personal mobility devices and products.

2

Funding Rounds

$46.7m

Money raised

LotLinx logo

LotLinx

LotLinx is a marketing technology suite used in the American and Canadian automotive industry. It is an automotive VIN-specific digital marketing suite.

1

Funding Rounds

$2.5m

Money raised

Mighty AI logo

Mighty AI

Mighty AI is a company that provides computer vision models for autonomous vehicles..

3

Funding Rounds

$27.3m

Money raised

Candela logo

Candela

Candela is a hydrofoil electric vessels manufacturer founded in 2014 by Gustav Hasselskog.

2

Funding Rounds

$34.0m

Money raised

Heart Aerospace logo

Heart Aerospace

Heart Aerospace is a company manufacturing the electric regional airplane, ES-19.

7

Funding Rounds

$194.6m

Money raised

Monarch Tractor logo

Monarch Tractor

Monarch Tractor offers a fully electric tractor platform.

2

Funding Rounds

$81.0m

Money raised

Applied Intuition logo

Applied Intuition

An infrastructure company for self-driving cars. It is located in Sunnyvale, California and was founded in 2017.

4

Funding Rounds

$351.5m

Money raised

MX Global logo

MX Global

Malaysia’s most trusted, secure and reliableCryptocurrency Exchange.

1

Funding Rounds

Car IQ logo

Car IQ

Car IQ is an artificial Intelligence company founded in 2016 by Sterling Pratz.

3

Funding Rounds

$21.0m

Money raised

Mozio logo

Mozio

Mozio is a San Francisco-based company founded in 2011 by David Litwak, Joseph Metzinger and Emre Mangir.

3

Funding Rounds

$3.3m

Money raised

Wright Electric logo

Wright Electric

Commercial electric airliner company based in Los Angeles, USA.

2

Funding Rounds

$3.5m

Money raised

Neurala logo

Neurala

A company using artificial intelligence to create a platform for solving visual inspection challenges in industrial environments.

6

Funding Rounds

$32.1m

Money raised

Invision AI logo

Invision AI

Invision AI is an image recognition and video monitoring company using machine learning to analyze existing data points and improve motion detection systems. The company is headquartered in Toronto, Canada and was founded in 2015.

1

Funding Rounds

$1.1m

Money raised

Halo Car logo

Halo Car

Halo Car is a Las Vegas-based developer of an all-electric car rental service in which teleoperated driverless cars take passengers between locations.

1

Funding Rounds

$5.0m

Money raised

Superpedestrian logo

Superpedestrian

Superpedestrian is a Cambridge, Massachusetts-based technology company and manufacturer of lightweight electric vehicles designed to offer eco-friendly transportation for personal use.

6

Funding Rounds

$117.6m

Money raised

Toposens logo

Toposens

A company providing an ultrasonic sensor solution for three-dimensional positioning in vehicles in order to drive autonomously in close proximity and low-speed environments.

$1.6m

Money raised

Populus (company) logo

Populus (company)

A software company that uses data to analyze how people move with transportation within cities. It is located in San Francisco, California and was founded in 2017.

2

Funding Rounds

$8.1m

Money raised

Skytree logo

Skytree

Skytree is an Amsterdam-based company offering direct air capture technology for carbon capture and storage use.

1

Funding Rounds

$20.0k

Money raised

Drivemode logo

Drivemode

A technology company that has created a mobile application that promotes safe driving. It was founded in 2014 and has locations in Redwood City, California and Tokyo, Japan.

1

Funding Rounds

$6.5m

Money raised

Nikola Motor Company logo

Nikola Motor Company

Nikola Motor Company is a Phoenix, Arizona-based automotive company founded in 2014 by Trevor Milton.

5

Funding Rounds

$2.7b

Money raised

Ola Electric logo

Ola Electric

Ola Electric is a multimodal electric vehicle project in Nagpur founded in 2017 by Bhavish Aggarwal, Anand Shah and Ankit Jain.

7

Funding Rounds

$760.4m

Money raised