Making money in Autonomous Mobility, Digital & Circular Autos

??Have you subscribed to our free weekly?newsletter? ??

?? Here are the 2 key themes in case you missed it!

???High-performance computing?and software are the need of the hour for the +$100 Billion market of truly connected and autonomous vehicles

Which technologies are in demand to make Software-Defined Vehicles and Fully-Automated Driving a reality?

Revenues from ADAS & Automated Driving will almost double between 2020 and 2025, from €14B to €35 Billion due to the increase in sensor content, according to?Auto2x forecasts.

B2C monetization of Connected Car data will add another $69B by 2025 bringing the Connected and Automated Driving market to +$100 Billion.

Auto2x analyses technology trends and business opportunities in sensors, ADAS computing, and software stack. This week, we sat down with CEOs of innovative start-ups working on real-time, high-performance computing for Autonomy and software scalability for Digital Autos.

Recogni?is tackling the need for real-time, high-performance computation with small power budget for Level 2 and Level 3 autonomous driving systems. Today’s solutions need +7,000 TOPS and have power consumption of 26kW. Recogni?launched a Peta-Scale, high-performance computing platform with low power consumption of 25 Watts. The California-based company counts Toyota Ventures, BMW i Ventures, Faurecia, Bosch and Continental among its investors.

Read the interview with?Recogni’s Founder and CPO R K Anand?to understand their value proposition to solve the data challenges for autonomy.

PreAct Technologies?is bringing software-defined, near-field lidars to replace ultrasonics in ADAS. The company is working with ZF, Sony and Qualcomm, among other suppliers.

PreAct Technologies Closes 2nd Round of?$20 Million Series B?Led by iSquared Capital.

“PreAct’s market is already a $30 billion a year. But existing technologies are holding back the industry from reaching self-driving functionality. We want to replace other sensors with our short range lidar that could enable better functionality and convenience at the same cost?Paul Drysch, PreAct's Founder and CEO

Learn more?here.

??Early-stage funding in Automotive Start-ups down 10% in 2022

How is investment in Mobility start-ups progressing since the start of the pandemic?

Well, it has slowed down a bit from $12.2B in 2021 to 10.9B in 2022 and just $1.5B in Q1 2023.

Early-stage funding in Automotive Start-ups, which includes Pre-Seed, Seed, A and B Series, amounted to?$24 Billion?between 2021 & Q1 2023.

Electric vehicles ($12B), Mobility business models ($6B) and autonomous vehicles ($6B) accounted for most of the funding.

Funding in Web3, which supports the decentralization, privacy and transparency, rose from $29M in 2021 to $36M in 2022.

The 10 most notable funding rounds by CASES came from the following entities:

Electric Cars and EV charging infrastructure

1.???GAC Aion New Energy Automobile ($2.5B, EV manufacturer),

2.???TeraWatt Infrastructure ($1B, EV Charging).

3.???Geely’s Zeekr ($750M, EV manufacturer)

4.???Voyah ($702M, EV manufacturer)

Autonomous Driving

5.???Deeproute ($300M, L4 Autonomous Driving for Robotaxis and Trucks),

6.???Didi Woya ($300M, L4 Autonomous Driving Robotaxis)

7.???WeRide (300M, L4 Autonomous Driving Robotaxis)

Shared Mobility

8.???T3 Mobile Travel Services ($1.2B, Car sharing),

9.???Onto ($175M, EV subscription)

Other

10. Didi Freight ($1.5B, Logistics), Sierra Space (1.4B, Space),

China?leads funding with $12.9 Billion raised from 120 start-ups.

European start-ups raised $3.2B, of which $1.0B went to Electric Vehicles and $0.7B for Autonomous Vehicles

Subscribe here:?https://auto2xtech.com/

Follow?AUTO2X, Automotive Research?for more