Taking The Wheel: Autonomous Vehicle Tech Grabs Majority Of Auto Tech Deals, Dollars
Autonomous vehicle startups continue to rake in the majority of auto tech funding, claiming over 70% of the roughly $5B invested in auto tech startups so far this year. Auto tech funding has raced upwards this decade. In 2018 YTD, financing has already outpaced 2017 peaks. Using CB Insights data, we analyzed the surge in auto tech private markets financing through 2018, including a breakdown of how much financing has gone specifically to the autonomous driving sector. From autonomy to telematics to ride sharing, the auto industry has never been at more risk.
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