VC fundraising for AutomotiveTech companies

AutomotiveTech rounds now close on signed design wins, not pipeline slides. The 2020-2021 window where forward bookings supported software-style multiples is gone - OEM programme delays, longer enterprise cycles and the SPAC overhang have moved investors back to underwriting actual contracts, content-per-vehicle economics and gross margin at programme volume.

The investor mix in AutomotiveTech spans climate and deep tech funds with automotive mandates (Lowercarbon, Breakthrough Energy, DCVC, Lux), mobility-specialist VCs (Maniv, Trucks VC, R/GA Ventures), and OEM corporate venture arms (Toyota Ventures, Hyundai Motor Group, BMW i Ventures, GM Ventures, Volvo Cars Tech Fund). Flow has direct relationships with these investors and runs outreach to partners who have actually led automotive-software, telematics or ADAS rounds in the last two years.

Flow has experience running VC fundraising processes for AutomotiveTech companies across connected vehicle platforms, in-vehicle software and infotainment, telematics and fleet management, ADAS and vehicle data, and aftermarket and repair. Our extensive investor network spans early-stage seed funds, growth-stage investors, and strategic and corporate VC arms.

MILES
Orka
GoTrendier
Ziik
Sentryc
Krita
Legendary Play
Picus Security
Project Space
sevDesk
AVE & YOU
Metaloop
MILES
Orka
GoTrendier
Ziik
Sentryc
Krita
Legendary Play
Picus Security
Project Space
sevDesk
AVE & YOU
Metaloop
MILES
Orka
GoTrendier
Ziik
Sentryc
Krita
Legendary Play
Picus Security
Project Space
sevDesk
AVE & YOU
Metaloop

"AutomotiveTech" KPIs VC investors look at

The metrics venture investors benchmark before pricing a round - in diligence, at the IC table, on the term sheet.

Design wins

Active OEM contracts

Content per vehicle

Vehicles on platform

Software ARR

Gross margin

Programme pipeline

Customer concentration

R&D as % of revenue

Revenue per vehicle

AutomotiveTech valuations in May 2026

Public AutomotiveTech comps trade at 1.6x EV/Revenue. Median revenue multiple across AutomotiveTech VC rounds was 16x in the last 12 months.

1.6x

Median EV/Revenue as of May 2026 for public AutomotiveTech companies

16x

Tesla

Tesla is the highest valued public AutomotiveTech company based on EV/Revenue (excluding outliers)

1.5x

Median EV/Revenue across AutomotiveTech M&A deals in the last 12 months

16x

Median EV/Revenue across AutomotiveTech VC rounds in the last 12 months

Key recent AutomotiveTech VC rounds

$350M Undisclosed stage raised by Cambridge Mobile Telematics was the largest AutomotiveTech VC round completed in the last six months.

See all AutomotiveTech VC rounds
LogoHQDescriptionInvestors
Mar-26
Cambridge Mobile Telematics
-
Allianz XState Farm+1
$350M
-
Undisclosed stage
Feb-26
N
NIO GeniTech
NIO GeniTech develops intelligent driving chips and supporting technologies with high computational power for automotive applications.
IDG CapitalNIO Capital
$329M
$1.4B
Series A
May-26
Rapido
Rapido is a Bangalore-based ride-hailing service launched in 2015 that connects users with bike taxis, auto-rickshaws, and cabs across 200 Indian cities including Hyderabad, Delhi, and Mumbai. The app delivers real-time tracking, upfront pricing, and cashless payments through UPI integration. Rapido holds a leading position in India's two-wheeler segment with over 15 million monthly rides and partnerships with Honda and TVS for electric bikes. It expanded into intercity travel and logistics via Rapido Fleet, serving enterprises for last-mile delivery in e-commerce and groceries.
AccelProsus Ventures+1
$240M
$3.0B
Undisclosed stage
Apr-26
EVAS Intelligence
EVAS Intelligence is an autonomous driving chip developer based in Shanghai, China. The company produces AI accelerators optimized for Level 4 perception tasks, including LiDAR fusion and real-time object detection at 30 TOPS performance. Founded in 2021 by Liu Hui, EVAS supplies semiconductors to OEMs in passenger vehicles and robotaxis.
Beijing Artificial Intelligence Industry Investment FundBeijing E-town International Investment & Development+8
$218M
-
Series B
Dec-25
NeueHCT
NeueHCT is a China-based joint venture between AUMOVIO and Horizon Robotics specializing in end-to-end intelligent driving technologies and global automotive resources.
AumovioChaos Investment+5
$200M
-
Series A
Apr-26
Glydways
Glydways is a California-based mobility company developing personal rapid transit systems with autonomous Glydcars on dedicated guideways. Providing on-demand, direct rides without traffic delays, its network targets campuses, airports, and urban corridors with lower construction and operational costs than traditional rail.
Grupo ACSGates Frontier Fund+4
$170M
$700M
Series C
Jan-26
DeepWay
DeepWay is a manufacturer of smart heavy-duty trucks for the freight market. The vehicles feature low wind resistance bodies, intelligent driving systems, and modular distributed drive architectures on a shared hydrogen-electric platform to enhance logistics efficiency.
ABC ImpactCGTI Fund+10
$169M
-
Undisclosed stage
Mar-26
D-Robotics
D-Robotics is a Shenzhen-based provider of high-performance computing platforms for autonomous driving and robotics. It manufactures AI supercomputers like the DT SoC series, powering perception, planning, and control in vehicles from clients including Great Wall Motor and Horizon Robotics partners. Established in 2020, the company operates a 20,000-square-meter facility in China and supplies edge computing hardware compliant with ASIL-D safety levels. D-Robotics collaborates with NVIDIA on GPU acceleration and delivers scalable solutions from 16 TOPS to over 1,000 TOPS for L2+ to L4 autonomy stacks.
Plum VenturesJoyoung Family Office+10
$150M
-
Series B
Feb-26
Huixi Intelligent
Huixi Intelligent develops autonomous driving chips, software platforms, and toolchains to enable advanced vehicle perception and control.
Beijing Jingguorui Equity Investment Fund ManagementLiangxi Digital Mother Fund
$117M
-
Series B
Mar-26
Advanced Navigation
Advanced Navigation is a Sydney-based developer of navigation systems and robotics technologies. The company produces GNSS-aided inertial navigation systems like Boreas and Certus, along with acoustic positioning tools such as Subsonus, serving applications in autonomous vehicles, drones, marine vessels, and defense platforms. Advanced Navigation integrates sensors, RF technologies, AI algorithms, and software for high-precision positioning in GNSS-denied environments. Founded in 2012, it exports products to over 40 countries and maintains production facilities in Australia.
Airtree VenturesAlpha Intelligence Capital+7
$112M
-
Series C
Jan-26
Lyte AI
Lyte AI is a perception technology provider offering LyteVision, a 4D vision system integrating imaging, depth sensing, and motion awareness for robotics, drones, and autonomous vehicles.
Atreides ManagementAvigdor Willenz+4
$107M
-
Undisclosed stage
Mar-26
Oxa
Oxa is an Oxford-based developer of autonomous vehicle software for passenger cars and logistics. The Oxa Brain stack uses lidar, radar, and cameras for Level 4 autonomy on low-compute hardware. Deployed in trials with Uber and logistics firms across UK motorways, it logs 10 million autonomous miles as of 2024.
BP VenturesHostplus+3
$103M
-
Series D
Apr-26
Bibost Automotive Electronics
Bibost Automotive Electronics is a provider of intelligent chassis components and domain controllers for vehicles. It delivers autonomous driving services and technical solutions from its base in Shanghai. The company supplies core modules to electric vehicle manufacturers in China.
Hangzhou CapitalShunchuang Industrial Investment Management Fund+1
$102M
-
Series B
May-26
SemiDrive
SemiDrive is a Nanjing-based developer of automotive processors for ADAS, autonomous driving, and smart cockpits. Its X9H series supports L2+ autonomy with 8-core ARM Cortex-A and NPU delivering 4 TOPS, manufactured on SMIC 16nm. The company supplies chips to Chinese OEMs like Great Wall Motor and BYD for domain controllers.
Beijing Advanced Manufacturing fundBeijing E-town International Investment & Development+4
$100M
-
Series C
Apr-26
SiEngine Technology
-
Chongqing Yufu High-tech Industry Private Equity Investment FundJingming Capital+5
$100M
-
Undisclosed stage

VC investors active in AutomotiveTech

Y Combinator is the most active VC investor across AutomotiveTech, having invested in 25 startups in the last three years.

See all AutomotiveTech VCs
LogoHQDescriptionKey portfolio
Y Combinator
Y Combinator is a San Francisco-headquartered startup accelerator that funds and mentors early-stage technology companies across sectors like software, biotechnology, and fintech. Since its inception in 2005, it has propelled alumni including Airbnb, Dropbox, and Stripe through intensive three-month programs featuring Demo Days and investor networks.
EmobiAutoAceMOVEdot+2
25
Pre-seed
Techstars
Techstars is a Boulder-headquartered global network founded in 2006 that operates over 50 accelerators annually across 15 countries. It invests $120,000 in exchange for 6 percent equity in 500 startups yearly, spanning AI, sustainability, and healthcare. The firm manages a venture fund deploying capital into alumni companies and runs corporate partnerships with brands like Amazon and Barclays for innovation pilots. Techstars portfolio exceeds 3,500 companies valued over $15 billion collectively.
Urban SkyaxemLocus Lock+2
15
Pre-seed
Antler
Antler is a Singapore-headquartered global venture capital firm founded in 2017 that invests in early-stage tech companies. It operates day-zero programs in 27 cities, backing 1,000+ startups with $100 million deployed annually across AI, fintech, and sustainability. Portfolio includes unicorns like Hold One and Tiqets, with a network of 3,000 mentors and 700+ investors for follow-ons.
Namma YatriMapping IntelligenceCautio+2
14
Pre-seed
Inflection Point Ventures
Inflection Point Ventures is a Delhi-based angel investment network connecting over 3,300 CXOs, high-net-worth individuals, and family offices with early-to-mid-stage startups across India. Since its founding in 2018, the platform has facilitated investments in more than 150 companies spanning sectors like fintech, healthtech, SaaS, and consumer brands. It offers startups capital starting from INR 50 lakh per investor alongside mentorship, market access, and due diligence led by industry experts. The network democratizes angel investing through a INR 25,000 annual membership fee and transparent processes, maintaining a portfolio with unicorn representation and exits via acquisitions.
ROADGRIDBatteryPoolAYKA CONTROL SYSTEMS+2
11
Seed
Industrial Bank of Korea
Industrial Bank of Korea is a financial institution domiciled in Korea. It offers financial services such as foreign exchange, remittances, and digital banking. Its products include deposit accounts, debit cards, and remittance options for foreign customers. The bank provides personal banking and wealth services for individuals, and loans, overdrafts, and credit facilities for businesses. It operates through a broad branch network and mobile-banking platforms. The company principally earns revenue from interest income.
BOS SemiconductorsMobilTechHJ Wave+2
10
Series A
Blume Ventures
Blume Ventures is a Mumbai-headquartered venture capital firm funding pre-seed and seed-stage tech-enabled startups in India. It invests in sectors like fintech, edtech, and consumer internet, with follow-on rounds for portfolio companies including GreyOrange for robotics and Turtlemint for insurance.
Euler MotorsNamma YatriElectricPe+2
9
Seed
Korea Development Bank
Korea Development Bank is a Seoul-headquartered state-owned policy bank supporting South Korea's industrial growth. It finances major projects with equipment capital loans, working capital loans, and guarantees for corporate debentures and foreign currency borrowings. Operations span 27 domestic branches, five overseas branches in New York, London, Beijing, Dubai, and Delhi, plus representative offices. Founded in 1954, it conducts economic research, engineering surveys, and trust services.
BOS SemiconductorsRideFluxGINT+2
8
Series B
Bayern Kapital
Bayern Kapital is a Munich-based venture capital firm wholly owned by LfA Förderbank Bayern. The company invests in early-stage technology startups located in Bavaria across sectors like IT, life sciences, new materials, microsystems, and environmental technologies. It manages five funds including Seedfonds Bayern, Clusterfonds Start-Up, Innovationsfonds, Innovationsfonds EFRE, and Wachstumsfonds Bayern. Bayern Kapital has backed more than 250 companies since 1995, focusing on research, development, product launches, and market expansions.
Driveblocks4.screenHololight+2
7
Series B
Alumni Ventures
Alumni Ventures is a Manchester, New Hampshire-headquartered venture capital firm managing diversified portfolios for 10,000 accredited investors. Operations run 50 funds targeting seed through Series B stages in AI, biotech, and climate tech. Sourcing draws from 1,000 university alumni networks with co-investments alongside Sequoia and a16z across 1,400 portfolio firms.
Point One NavigationFoundation EGIEnough Energy+2
7
Seed
fm Capital
fm Capital is a venture capital firm investing in early and growth-stage auto-mobility disruptors including electric vehicles, autonomous tech, and shared mobility. Detroit-headquartered, it manages a portfolio of 20 companies since 2012, with focus on Series A to C rounds in North America and Europe.
EpicBizzyCarindiGO Tech+2
7
Series B

Recent VC fundraising track record

See our VC fundraising experience across AutomotiveTech and beyond.

Volocopter logo

Investment

Volocopter logo

€50m investment from Geely. All-electric air taxis with vertical takeoff and landing.

FlixBus logo

Investment

FlixBus logo

Investment from Silver Lake. Online intercity bus service across Europe, North America and Brazil.

AU10TIX logo

Investment

AU10TIX logo

$60m investment from TPG. ID authentication and digital record conversion software.

Pipedrive logo

Investment

Pipedrive logo

Growth investment. Cloud-based sales CRM and pipeline management software.

ALOHA logo

Investment

ALOHA logo

$30m growth investment. Food and beverage brand with plant-based protein products.

BIScience logo

Investment

BIScience logo

Investment from WPP / Kantar. Digital and behavioral data intelligence provider.

Work4 logo

Investment

Work4 logo

Growth investment. Recruitment app for employer-candidate social media engagement.

RankAbove logo

Investment

RankAbove logo

Growth investment. End-to-end search engine optimization platform.

Yatego logo

Investment

Yatego logo

Investment from Acton. Virtual shopping mall and online marketplace platform.

XING logo

IPO Advisory

XING logo

€68m IPO. Career-oriented social networking site for the DACH region.

CRA logo

IPO Advisory

CRA logo

€1.2bn IPO. Czech digital infrastructure platform (telecom and ICT).

Delticom logo

IPO Advisory

Delticom logo

€41m IPO. Europe's largest online car and motorcycle tire platform.

Explore our VC fundraising offering for similar verticals

We're a specialized fundraising advisor to mobility companies.

Our VC fundraising experience spans across all mobility verticals.

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