Top 10 Venture Capital Investors in Automotive Industry in the World in 2021 by Deal Volume

IDG Capital, Tiger Global Management LLC, NIO Capital, 9 Unicorns, and BMW i Ventures Inc are among the top 5 venture capital investors in the automotive industry in 2021 by deal volume. In terms of the geographic split, 5 out of 10 of the world’s top 10 venture capital investors in the automotive industry are headquartered in Asia, whereas 4 are based in North America, and 1 is based in Europe. They employed a total of 84,591 people in 2021. ValueDrive Technologies’ (Spinny) Series E financing deal was one of the major VC deals in the automotive sector in 2021. Valuedrive Technologies Pvt Ltd is a provider of an online marketplace to buy and sell cars. It has secured $280 million in a Series E venture financing round from Tiger Global Management LLC, Abu Dhabi Growth Fund (ADG). The deal was completed in Q4 2021. Kodiak Robotics’ Series B financing deal was another major VC deal in the automotive sector in 2021. Kodiak Robotics, Inc., is a technology company that develops autonomous technology that carries freight forward—so people, partners, and the planet thrive. It has secured $125 million in a Series B funding round from SIP Global Partners, Muirwoods Ventures, Harpoon Ventures, and others. The deal was completed in Q4 2022. Arc Boat Company’s Series A Venture Funding deal was another major VC deal in the automotive sector in 2021. Arc Boat Company is a company engaged in manufacturing and selling electric boats, designed, and built for a seamlessly connected boating experience. It has secured $30 million in series A venture funding from Abstract Ventures, Lowercarbon Capital LLC, Andreessen Horowitz LLC, Greg Reichow. The deal was completed in Q4 2021.