68 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 699 start-ups with an aggregate funding of $25.1b. The average funding per company in this subset is $369.8m.

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

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15

Funding Rounds

$43.0m

Money raised

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.

Location:

Key people:

9

Funding Rounds

$995.5m

Money raised

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

3

Funding Rounds

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

4

Funding Rounds

$68.4m

Money raised

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

Location:

Key people:

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

Industries:

Location:

3

Funding Rounds

$70.0m

Money raised

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

3

Funding Rounds

$17.0m

Money raised

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

3

Funding Rounds

$80.7m

Money raised

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

5

Funding Rounds

$60.6m

Money raised

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

12

Funding Rounds

$6.9b

Money raised

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

10

Funding Rounds

$4.1b

Money raised

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

Location:

Key people:

9

Funding Rounds

$1.2b

Money raised

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

5

Funding Rounds

$502.3m

Money raised

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

3

Funding Rounds

$108.0m

Money raised

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

Location:

Key people:

2

Funding Rounds

$12.0m

Money raised

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

4

Funding Rounds

$130.0m

Money raised

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

2

Funding Rounds

$15.4m

Money raised

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

Key people:

1

Funding Rounds

$300.0m

Money raised

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

Location:

Key people:

4

Funding Rounds

$12.8m

Money raised

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.

2

Funding Rounds

$46.0m

Money raised

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

2

Funding Rounds

$12.0m

Money raised

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

5

Funding Rounds

$232.0m

Money raised

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

11

Funding Rounds

$511.8m

Money raised

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

Location:

Key people:

5

Funding Rounds

$385.5m

Money raised

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

Key people:

3

Funding Rounds

$92.0m

Money raised

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.

Key people:

2

Funding Rounds

$58.5m

Money raised

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

Key people:

7

Funding Rounds

$81.5m

Money raised

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

3

Funding Rounds

$24.5m

Money raised

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

Location:

Key people:

4

Funding Rounds

$73.0m

Money raised

An insurance technology company offering a platform for insurance claims.

1

Funding Rounds

$160.0m

Money raised

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

6

Funding Rounds

$18.3m

Money raised

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

Location:

Key people:

4

Funding Rounds

$16.3m

Money raised

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

Location:

Key people:

3

Funding Rounds

$27.8m

Money raised

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

5

Funding Rounds

$533.6m

Money raised

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

Location:

Key people:

1

Funding Rounds

$1.3m

Money raised

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

Location:

Key people:

10

Funding Rounds

$138.6m

Money raised

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.

17

Funding Rounds

$1.5b

Money raised

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

Key people:

3

Funding Rounds

$66.9m

Money raised

An insurance technology company offering an automobile insurance consumer platform.

Location:

Key people:

7

Funding Rounds

$3.2m

Money raised

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

6

Funding Rounds

$308.2m

Money raised

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

4

Funding Rounds

$851.0m

Money raised

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

4

Funding Rounds

$217.5m

Money raised

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

$15.0m

Money raised

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

2

Funding Rounds

$46.7m

Money raised

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

Industries:

Key people:

1

Funding Rounds

$2.5m

Money raised

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

Location:

Key people:

3

Funding Rounds

$27.3m

Money raised

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

2

Funding Rounds

$34.0m

Money raised

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

Location:

Key people:

7

Funding Rounds

$194.6m

Money raised

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

Location:

Key people:

2

Funding Rounds

$81.0m

Money raised

Monarch Tractor offers a fully electric tractor platform.

Key people:

4

Funding Rounds

$351.5m

Money raised

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

Key people:

3

Funding Rounds

$21.0m

Money raised

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

3

Funding Rounds

$3.3m

Money raised

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

Location:

Key people:

2

Funding Rounds

$3.5m

Money raised

Commercial electric airliner company based in Los Angeles, USA.

6

Funding Rounds

$32.1m

Money raised

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

1

Funding Rounds

$1.1m

Money raised

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.

Location:

Key people:

1

Funding Rounds

$5.0m

Money raised

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

6

Funding Rounds

$117.6m

Money raised

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

$1.6m

Money raised

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.

2

Funding Rounds

$8.1m

Money raised

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.

1

Funding Rounds

$20.0k

Money raised

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

5

Funding Rounds

$2.7b

Money raised

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

7

Funding Rounds

$760.4m

Money raised

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

Key people:

2

Funding Rounds

$11.0m

Money raised

Quest Software is a division of dell inc.; former company founded in 1987 by Vinny Smith.

1

Funding Rounds

$550.0k

Money raised

Scoot Networks is a San Francisco-based, shared electric vehicle company that was founded in 2011 by Michael Keating, Matt Ewing and Daniel Riegel.

2

Funding Rounds

$279.3m

Money raised

ReCharge is an e-commerce payment processing app.

6

Funding Rounds

$557.5k

Money raised

Brighter AI Technologies is a German artificial intelligence startup with a facial burring product used to protect consumer identities.

8

Funding Rounds

$196.9m

Money raised

Ather Energy is a Bangalore, India-based manufacturer of intelligent electric mopeds and public charging infrastructure. Ather Energy operates as a manufacturer of electric scooters.

Key people:

7

Funding Rounds

$226.5m

Money raised

StoreDot is an Isreal-based company focused on developing EV battery charging tools and technology.

Location:

Key people:

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