Mobility Innovators

The funding in the mobility sector has further slowed down in the month of December 2022 in line with the market trend. Only 25 startups raised funding of $1.17 billion in December 2022, compared to 29 startups that raised $2.2 billion in November 2022.

However, the good news is that funding in Early-stage startups is back, as 50% of the funding was raised by Seed and Series-A startups. VC and Corporate Venture Capital (CVC) continued to invest money in:

🔌 Electric vehicles and charging infrastructure 

🚛 Logistics

🔋 Battery

According to the Mobility Innovators funding tracker, 25 startups raised $1.17 billion in a just month. The smallest funding was $600K (Seed) by ThingsUp and the largest round of $500 million by Einride.

Overall, more than 400 startups raised $24 billion in 2022. Most of the investment is raised by startups in EV and battery technology space. The funding trends in the last 12 months are as follows:

VC investors have restarted investing in are in the seed / Series A stage, with 50% of the deals in this stage. However, VC firms continue to double down more on existing deals, which is in line with current market trends. There is increased interest in alternative funding options.

List of startups that raised funding:

🚛 @leta ai (Seed) – $8 million

🚁 Swoop Aero – $10 million

📲 Thingsup (Seed) – $600K

🚁 Bumblebee Spaces – $37 million

🚊 RailVision Analytics (Seed) – $4 million

🚗 Cars & Bids (Seed) – $37 million

🚊 Telegraph (Series A) – $10.1 million

🔋 Ampcera Inc. (Series A) – $15 million

🚗 Carputty (Series A) – $12.3 million

🚙 Dollaride (Grant) – $10 million

🔋 Group14 Technologies (Series C) – $213 million

🔋 EcoG (Series A) – $6.5 million

🔌 Eco-Movement (Series A) – Undisclosed

🛴 Vianova I/O (Series A) – $6.5 million

🚛 ONOMOTION (ONO) (Series A) – $6.5 million

🚙 BluSmart (Debt) – $100 million

🚙 Moove (Debt) – $30 million

🚙 VidyutTech (Seed) – $4 million

🤖 Helm.ai (Series C) -$31 million

🚧 Automotus – ($9 million)

🚁 Exyn Technologies – $35 million

🔋 BATTERYSMART LTD – $9 million

🚛 GoBolt (Series C) – $75 million

🚙 Oben Electric (Seed) – $4 million

🚛 Einride (Series C) – $500 million

Check out the link to read more details about funding rounds.

Photo: ©Business Wire