69 Best Automotive Industry Startups to Watch in 2024

Knave is a pay-per-use mobility solutions provider founded in 2019 by Edouard Vaujour .

Total Raised: $257.50M

Last Funding: $245.50M (Debt Financing)

Commercial electric airliner company based in Los Angeles, USA.

Total Raised: $3.34M

Last Funding: $3.34M (Grant)

Tesla is a manufacturer of electric vehicles, battery technology, and solar energy panels.

Total Raised: $92.50M

Last Funding: $10.00M (Unknown)

TG0 is a developer of AI-powered human-machine interfaces founded in 2015 by Ming Kong.

Total Raised: $2.60M

Last Funding: $2.60M (Seed)

3D ultrasonic sensors manufacturer for autonomous mobile robots.

Total Raised: $1.60M

Last Funding: $1.60M (Seed)

GOVECS is an electric scooter manufacturer founded in 2009.

Total Raised: $1.70M

Last Funding: $1.70M (Seed)

Designer of battery-powered electric bikes. the company designs movable lithium battery based bikes.

Total Raised: $15.00M

Last Funding: $15.00M (Series B)

Upway is a Paris-based company founded by Toussaint Wattinne.

Total Raised: $87.27M

Last Funding: $30.20M (Series B)

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

Total Raised: $7.95M

Last Funding: $0.00M (Unknown)

Mujin is a Tokyo, Japan-based technology company offering a platform to facilitate the autonomous movement of robots and industrial equipment The company's platform MujinController leverages a real-time digital twin and provides a suite of perception, planning, and control algorithms.

Total Raised: $6.95M

Last Funding: $0.95M (Series A)

Knave is a pay-per-use mobility solutions provider founded in 2019 by Edouard Vaujour .

Total Raised: $11.91M

Last Funding: $11.91M (Seed)

Conversational sales and marketing platform designed for B2C enterprises.

Total Raised: $5.53M

Last Funding: $5.53M (Unknown)

Developer of a car-rental application. The company provides users of the application with car rental service so that users can move to any place they want with a pick up of the car from any random place.

Total Raised: $0.02M

Last Funding: $0.02M (Seed)

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

Last Funding: $0.00M (Unknown)

YPTOKEY is a blockchain company founded in 2018 by Nikolay Manchovski.

Last Funding: $0.00M (Unknown)

Che300 is a Nanjing-based company in the automotive industry.

Em Motive Gmbh is a Germany-based company.

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

An automotive technology company with software that helps self-driving vehicles understand humans better. It is located in Berlin, Germany and was founded in 2018.

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

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

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

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

Mobileye is a Jerusalem-based automotive technology company developing autonomous-driving and driver-assistance technologies.

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

Sylidra is a company founded in 2016.

Artificial Intelligence company

CarTrade.com is a Mumbai-based company founded in 2006.

Bliss is a company founded in 1970 by Jon Stutfield.

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

Envia Systems, Inc. is a company that makes low-cost lithium-ion energy storage solutions.

Kovi is a company providing rental cars for on-demand drivers in Latin America.

Developer of a bus-hailing application designed to create a better and safer transportation system for daily commuters. The company's application offers vehicle assistants, 13-seater type buses, licensed drivers and e-wallet payments, enabling users to book and pay for fast and convenient trips in real-time.

Developer of an on-demand auto repair and maintenance platform designed for individuals and businesses in Africa. The company's platform allows to register and signup for products and services to schedule maintenance and pairs technicians from a network of certified mechanics and automobile technicians.

Operator of a tech-enabled scheduled bus sharing company designed to offer a comfortable and affordable shared commute. The company's platform helps users to find, book and share bus ride for commuting to work and back home, enabling users to experience a simpler and better way to commute.

Provider of motorcycle rental services intended to assist delivery people. The company's services include a logistics platform that takes care of all maintenance services and does not require a guarantor to rent bikes, enabling people to avail the desired services.

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

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

A company developing self-driving technology.

WM Motor is a Chinese company that designs, manufactures, and markets battery-operated electric vehicles

Tuhu is a company providing an automobile after-sales products and services via its website, mobile application, call center and third-party e-commerce platforms.

Co-pace is a company founded in 2017.

TeraWatt Technology is a Santa Clara, California-based company founded by Ken Ogata.

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

Carro is a Singapore-based company founded in 2015.

Karvi is a company in the automotive industry.

Creating a complete automotive ecosystem in India and Southeast Asia for car buying, selling, financing, and insuring

Also known as Guazi.com, Chehaoduo is a China based company designing and providing an online car selling platform.

IAT-Auto is a Beijing-based company in the automotive industry.

Tula Technology Inc. is a San Jose, California-based company founded in 2008.

Beep is an Orlando, Florida-based autonomous mobility solution company for driverless, electric, and multi-passenger vehicles.

Youdi is a company in the automotive industry founded in 2019.

3M is an American, manufacturing company that provides adhesives, laminates, and electronics

NIO is a Shanghai-based all-electric vehicle manufacturer.

Aurora Labs is a company founded in 2016 by Zohar Fox.

Selex Motors is an Hanoi-based company founded by Hai Nguyen, Nguyen Nguyen and Nguyen Quang.

Emkay, Inc. is a company founded in 1946.

Gpstrackit.Com is a company founded in 1999.

MARS auto is a company, founded by Park In-soo, that has introduced self-driving technology to the commercial trucking industry.

SolarCity is an American provider of energy services founded by Lyndon Rive and Peter Rive.

Innovusion, based in Sunnyvale, California is a technology developing company.

Em Motive Gmbh is a Germany-based company.

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

Bird is a company developing a vehicle sharing platform for dockless electric scooters.

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

Hydrogenics is a Mississauga-based developer and manufacturer of hydrogen generation and fuel cell products and a subsidiary of Cummins.

Alerzo is a Nigeria-based company founded by Adewale Opaleye.

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