Top 10 Venture Capital Investors in Automotive Industry in the World in 2021 by Deal Value
IDG Capital, General Motors Co, Tiger Global Management LLC, Honda Motor Co Ltd, and Microsoft Corp are among the top 5 venture capital investors in the automotive industry in 2021 by deal value. In terms of the geographic split, 6 out of 10 of the world’s top 10 venture capital investors in the automotive industry are headquartered in North America, while 3 are based in Asia, whereas the remaining 1 is based in Europe. They employed a total of 583,086 people in 2021. Nuro’s Series D financing deal was one of the major VC deals in the Automotive sector in 2021. Nuro Inc is a robotics company that develops self-driving vehicles. The company offers autonomous, on-road vehicles designed to transport and deliver goods. It has secured $600 million in Series D funding from Woven Capital, LP, Tiger Global Management LLC, The Kroger Co, and others. The deal was completed in Q4 2021. Applied Intuition’s Series D financing deal was another major VC deal in the Automotive sector in 2021. Applied Intuition Inc (Applied Intuition) is a provider of technology products. The company offers simulation software that helps automotive companies safely develop, test, and deploy autonomous vehicles at scale and has secured $175 million in a Series D round of venture funding from Addition Ventures LLC, Semil Shah, Coatue Management LLC, and others. The deal was completed in Q4 2021. Cowboy Secures Series C financial deal was another major VC deal in the Automotive sector in 2021. Cowboy SA is a manufacturer of connected electric bikes. It allows owners to connect their bikes through their mobile app. It has secured $80 million in Series C funding from Isomer Capital, Exor Seeds, Hardware Club, Future Positive Capital, TriplePoint Capital, LLC., and others. The deal was completed in Q1 2022.