A total of 37 Private Equity/Venture Financing deals (pending and completed) were announced in the Global Automotive sector driven by Artificial Intelligence, in the last twelve months resulting in a total deal value of over $4,872.8 million. In the LTM period, February 2022 turned out to be the most prolific in terms of deal size, with a total deal value of $36.0 million, resulting in an average deal value of $312.6 million during that month. On the other hand, the month of March 2022 was the most prolific in terms of deal volume, recording a total of 7 deals being made, with average deal value of $108.1 million during that month.
Of the 37 deals, the deal secured between SoftBank Vision Fund LP and GM Cruise LLC, was the largest Private Equity/Venture Financing deal in the Global Automotive sector driven by Artificial Intelligence, which was valued at $1,350.0 million and was completed on February 1, 2022. The second-largest deal was between Baillie Gifford & Co; Fidelity Management & Research Company; Gaorong Capital; Google LLC; SoftBank Vision Fund 1; T Rowe Price Associates Inc; The Kroger Co; Tiger Global Management LLC; Woven Capital, LP and Nuro Inc, while the third-largest deal was between Bosch Rexroth AG; Cathay Capital (China); General Motors Co; GGV Jiyuan Capital; IDG Capital; Mercedes-Benz Vans; SAIC Motor Corp Ltd; Shunwei Capital Partners; Temasek Holdings (Private) Ltd; Tencent Holdings Ltd; Toyota Motor Corp; YF Capital and Momenta.ai. The Baillie Gifford & Co; Fidelity Management & Research Company; Gaorong Capital; Google LLC; SoftBank Vision Fund 1; T Rowe Price Associates Inc; The Kroger Co; Tiger Global Management LLC; Woven Capital, LP-Nuro Inc deal and the Bosch Rexroth AG; Cathay Capital (China); General Motors Co; GGV Jiyuan Capital; IDG Capital; Mercedes-Benz Vans; SAIC Motor Corp Ltd; Shunwei Capital Partners; Temasek Holdings (Private) Ltd; Tencent Holdings Ltd; Toyota Motor Corp; YF Capital-Momenta.ai deal were valued at $600.0 million and $500.0 million, respectively. The fourth-largest deal was between Bosch; Carlyle Group; China Arab Investment Funds; GAC Group-WeRide.ai valued at $400.0 million, whereas the deal between Broad Vision Funds; CMB International Capital Management (Shenzhen) Co., Ltd.; Contemporary Amperex Technology Ltd; Deppon Logistics Co Ltd; Eastern Bell Capital; Eight Roads Ventures China; Hidden Hill Capital; IDG Capital; JD Logistics; Meituan; Mirae Asset Securities Co Ltd; NIO Capital; PAG Capital; SDIC Innovation Investment Management Co Ltd-Inceptio Technology valued at $270.0 million was the fifth-largest deal.
Cumulatively, the top five deals amounted to $3,120 million and accounted for nearly 64.03% of the total deals (by value) announced during the last twelve months. By region, North America accounted for 50.54% of the total Private Equity/Venture Financing deals done globally, and recorded a total deal value of $2,462.6 million, which accounted for 32.43% of the total deal size on a global scale.
Germany
Netherlands
United States of America
United States of America
Germany
Germany
Japan
South Korea
China
United States of America
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer