Kavak
Private Equity Round in 2025
Founded in 2016, Kavak is a Mexican online platform specializing in the e-commerce of used cars. It aims to formalize the pre-owned car industry by offering real-time market data and a wide catalog of certified vehicles at fair prices. The platform provides services such as home delivery, financing options, and guarantees, enabling users to buy and sell vehicles hassle-free.
Cubic Telecom
Acquisition in 2023
Cubic Telecom is an Irish technology company established in 2006, specializing in global connectivity solutions for Internet of Things (IoT), machine-to-machine (M2M), automotive, and other industries. The company's cloud-based platform, PACE, offers a range of services including software updates, telematics, infotainment, location-based services, and real-time data management. Cubic Telecom serves Fortune 100 companies worldwide, with offices in Dublin, San Francisco, and Tokyo. Its solutions are used by prominent brands such as Audi, Volkswagen, and Microsoft. The company is privately held, having raised over €110 million in funding from investors including Audi Electronics Venture GmbH and Qualcomm.
Stack AV
Venture Round in 2023
Stack AV is a transportation technology company that designs and manufactures autonomous truck systems. Leveraging advanced AI, robotics, machine learning, and cloud technologies, Stack AV develops innovative solutions to enhance safety and efficiency in the trucking industry.
Symbotic specializes in automated supply chain solutions, focusing on warehouses and distribution centers. They offer innovative robotics and software to enhance efficiency and profitability for manufacturers, distributors, and retailers.
Rimac Group
Series D in 2022
Rimac Group, based in Sveta Nedelja, Croatia, specializes in the design, development, and manufacturing of electric vehicles and advanced automotive components. The company produces high-performance electric hypercars and a variety of electric vehicle components, including drivetrains, battery systems, and infotainment systems. Rimac Group also offers extensive engineering solutions, such as concept design, production strategy development, and quality control. In addition to manufacturing, the company provides prototyping services and the conversion of internal combustion engines to electric or hybrid powertrains. Founded in 2009, Rimac Group has established a strategic partnership with Hyundai Motor, further enhancing its capabilities in the automotive sector. The organization is driven by a passion for innovation and aims to redefine the electric vehicle landscape through cutting-edge technology and design.
RightHand Robotics
Series C in 2022
RightHand Robotics, Inc. is a manufacturer of robotic order-picking systems that streamline supply chain logistics for various industries, including e-commerce, food handling, and flexible manufacturing. Founded in 2015 and headquartered in Cambridge, Massachusetts, the company specializes in robotic solutions that automatically grasp a wide variety of items from bins and cases. Its flagship products include the ReFlex SF, which features a 3D-printed palm equipped with servos and compliant fingers, and the ReFlex TakkTile, a tactile sensor designed to enhance the robots' ability to handle items gently and correct errors. RightHand Robotics focuses on providing end-to-end solutions that simplify integration and adaptation to diverse customer workflows, ultimately reducing the costs associated with order fulfillment across sectors such as electronics, apparel, grocery, and pharmaceuticals.
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, specializing in the buying and selling of used cars. Founded in 2015, CARS24 operates as a subsidiary of Global Car Group and has developed a tech-enabled marketplace that transforms the process of selling pre-owned vehicles. The company offers car inspection and valuation services, utilizing an AI-driven pricing algorithm to provide accurate market and appraisal prices. This innovative approach facilitates secure and efficient transactions, enabling car owners to sell their vehicles at fair prices through a network of channel partners across various cities in India. Additionally, CARS24 offers vehicle lending products, expanding its services within the automotive finance sector.
Justos is a technology company specializing in automotive insurance. It offers an AI-driven mobile application that assesses drivers' behavior, such as acceleration, braking, and speeding, to determine personalized insurance premiums. This innovative approach aims to disrupt the traditional insurance market in Latin America by providing a more accurate and fair pricing model based on individual driving habits.
Ola Electric
Series C in 2021
Ola Electric Mobility is an Indian company that specializes in electric vehicles (EVs) and their components. Founded on May 26, 2017, by Ankit Jain and Anand Shah, the company is headquartered in Bengaluru. Ola Electric is dedicated to enhancing electric mobility by developing vertically integrated technology and manufacturing capabilities for EVs, including battery packs, motors, and vehicle frames. It operates the Ola Futurefactory, where it produces these core EV components. The company also focuses on leasing electric cars and providing shared daily mobility solutions. Additionally, Ola Electric is building charging and battery swapping networks to ensure convenient and reliable access to electric mobility. As part of its growth strategy, the company aims to capitalize on the electrification of transportation in India and explore export opportunities in select international markets.
Founded in 2016, Kavak is a Mexican online platform specializing in the e-commerce of used cars. It aims to formalize the pre-owned car industry by offering real-time market data and a wide catalog of certified vehicles at fair prices. The platform provides services such as home delivery, financing options, and guarantees, enabling users to buy and sell vehicles hassle-free.
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, specializing in the buying and selling of used cars. Founded in 2015, CARS24 operates as a subsidiary of Global Car Group and has developed a tech-enabled marketplace that transforms the process of selling pre-owned vehicles. The company offers car inspection and valuation services, utilizing an AI-driven pricing algorithm to provide accurate market and appraisal prices. This innovative approach facilitates secure and efficient transactions, enabling car owners to sell their vehicles at fair prices through a network of channel partners across various cities in India. Additionally, CARS24 offers vehicle lending products, expanding its services within the automotive finance sector.
Cobli is a Brazilian company that specializes in fleet management technology, offering innovative solutions to enhance fleet efficiency across various industries, including telecommunications, transportation, energy, e-commerce, and construction. Founded by Parker Treacy and Rodrigo Mourad, Cobli has experienced rapid growth, achieving over 100% year-over-year expansion and employing more than 400 individuals. The company's platform leverages advanced technologies such as IoT, Artificial Intelligence, Big Data, and video telemetry to provide tools for vehicle tracking, dynamic routing, driver identification, and fraud monitoring. By analyzing data collected from solar-powered trackers, Cobli helps fleet owners reduce costs, improve productivity, enhance driver safety, ensure operational compliance, and elevate the overall customer experience. With a strong presence throughout Brazil, the company serves thousands of customers and continues to innovate in the fleet management sector.
NetraDyne
Series C in 2021
NetraDyne Inc. is a technology company that specializes in artificial intelligence-based fleet management solutions aimed at enhancing safety and performance in the transportation industry. Founded in 2015 and headquartered in San Diego, California, with an additional office in Bengaluru, India, the company develops an Internet of Things platform that processes visual and sensory inputs. Its flagship products include VisionPRO, an integrated safety system that captures and analyzes driving events through multiple camera angles, and Driveri, which focuses on recognizing and rewarding positive driver behavior. By leveraging advancements in camera technology, deep learning, and data analysis, NetraDyne aims to reduce accidents and improve fleet management, ultimately establishing a new standard for safe driving practices in commercial vehicles.
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform.
The company was founded in 2015 and is headquartered in Singapore.
OneWeb
Venture Round in 2021
OneWeb LLC is a telecommunications company that develops a constellation of Low Earth Orbit (LEO) satellites to provide high-speed, low-latency internet access globally. Founded in 2012 and based in McLean, Virginia, OneWeb aims to deliver connectivity solutions for various sectors, including broadband, government, and cellular backhaul. The company's satellite network interlocks to create a comprehensive coverage footprint over the planet, enabling reliable communication for industries that depend on global connectivity, such as aviation, maritime, and automotive. OneWeb began launching its satellite constellation in February 2019 and has planned a total of 648 satellites in its initial network. The company was previously known as WorldVu Satellites Ltd. before rebranding to OneWeb in January 2015.
Zymergen, Inc. is a biotechnology company that focuses on researching, developing, and manufacturing microbes for various industries, including agriculture, chemicals, materials, pharmaceuticals, electronics, and personal care. Founded in 2013 and headquartered in Emeryville, California, Zymergen employs a platform that integrates automation, machine learning, and genomics to enhance the efficiency of microbial strain optimization and production processes. This technology enables the company to improve existing manufacturing strains and facilitates the development of new products by engineering novel molecules from microbes. With additional offices in Boise, Idaho; Medford, Massachusetts; Seattle, Washington; and Tokyo, Japan, Zymergen aims to partner with nature to create innovative materials and products that deliver significant value across multiple sectors.
AUTO1 Group
Convertible Note in 2020
AUTO1 Group GmbH is a Berlin-based technology platform that specializes in the buying and selling of used cars. Founded in 2012, the company connects individual customers and professional car dealers through its digital marketplace, facilitating seamless transactions without the need for negotiation. AUTO1 Group sources used vehicles from various channels, including original equipment manufacturers and dealerships, and offers a certified and diverse inventory through its brands, such as AUTO1.com and Autohero.com. Operating in nearly 30 countries across Europe and North America, Auto1 Group serves both the retail market for private customers and the merchant segment for commercial car dealers. Its services include auction fees and logistics, ensuring a streamlined and transparent process in the used car trade.
Didi
Venture Round in 2020
Didi Chuxing, founded in 2012 in Beijing, is a leading mobile transportation platform providing app-based services such as taxi hailing, private car-hailing, social ride-sharing, car rental, and enterprise solutions. With over 450 million users and daily orders reaching 25 million, Didi offers a variety of mobility options to optimize resource allocation through big data-driven algorithms. The company aims to address transportation, environmental, and employment challenges by collaborating with communities and partners. Acquiring Uber China in 2016, Didi has over 21 million drivers and car owners on its platform, generating income while offering convenient transportation solutions to users worldwide.
Didi Autonomous Driving
Venture Round in 2020
Didi Autonomous Driving offers autonomous driving research, development, product application, and technologies for automotive industry.
Didi Woya
Venture Round in 2020
Didi Woya is a pioneering startup focused on creating autonomous vehicles for rideshares. Their goal is to revolutionize transportation services by providing efficient, affordable, and comfortable rides with rapid response times and budget-friendly fares. Utilizing cutting-edge technologies such as machine learning, the Internet of Things, and comprehensive 360-degree monitoring, DiDi Woya is dedicated to developing and commercializing innovative solutions in the field.
Fair
Debt Financing in 2019
Fair is a car leasing company headquartered in Santa Monica, California, founded in 2016. The company has developed a mobile application that facilitates vehicle leasing services, allowing users to shop for, get approved for, and pay for a car directly from their smartphones using only a driver's license and a bank account. Fair's platform offers customers the flexibility to choose their desired vehicle, select mileage options, and manage payments all within the app. This innovative approach embodies the car-as-a-service (CaaS) model, providing individuals with the freedom to drive the car they want for as long as they wish, while also allowing them the option to return the vehicle at any time without the long-term commitments typically associated with traditional vehicle financing or leasing.
Ola Electric
Series B in 2019
Ola Electric Mobility is an Indian company that specializes in electric vehicles (EVs) and their components. Founded on May 26, 2017, by Ankit Jain and Anand Shah, the company is headquartered in Bengaluru. Ola Electric is dedicated to enhancing electric mobility by developing vertically integrated technology and manufacturing capabilities for EVs, including battery packs, motors, and vehicle frames. It operates the Ola Futurefactory, where it produces these core EV components. The company also focuses on leasing electric cars and providing shared daily mobility solutions. Additionally, Ola Electric is building charging and battery swapping networks to ensure convenient and reliable access to electric mobility. As part of its growth strategy, the company aims to capitalize on the electrification of transportation in India and explore export opportunities in select international markets.
OneWeb
Venture Round in 2019
OneWeb LLC is a telecommunications company that develops a constellation of Low Earth Orbit (LEO) satellites to provide high-speed, low-latency internet access globally. Founded in 2012 and based in McLean, Virginia, OneWeb aims to deliver connectivity solutions for various sectors, including broadband, government, and cellular backhaul. The company's satellite network interlocks to create a comprehensive coverage footprint over the planet, enabling reliable communication for industries that depend on global connectivity, such as aviation, maritime, and automotive. OneWeb began launching its satellite constellation in February 2019 and has planned a total of 648 satellites in its initial network. The company was previously known as WorldVu Satellites Ltd. before rebranding to OneWeb in January 2015.
Fair is a car leasing company headquartered in Santa Monica, California, founded in 2016. The company has developed a mobile application that facilitates vehicle leasing services, allowing users to shop for, get approved for, and pay for a car directly from their smartphones using only a driver's license and a bank account. Fair's platform offers customers the flexibility to choose their desired vehicle, select mileage options, and manage payments all within the app. This innovative approach embodies the car-as-a-service (CaaS) model, providing individuals with the freedom to drive the car they want for as long as they wish, while also allowing them the option to return the vehicle at any time without the long-term commitments typically associated with traditional vehicle financing or leasing.
Cambridge Mobile Telematics
Venture Round in 2018
Cambridge Mobile Telematics Inc. is a technology company that specializes in converting mobile sensor data from smartphones and vehicles into actionable insights. Founded in 2010 by two MIT professors and experienced entrepreneurs, the company has developed a range of applications that enhance road safety and driver behavior. Its primary solutions include usage-based insurance technologies, automotive telematics, and smartphone applications that analyze driving patterns such as speed, acceleration, and phone distraction. Cambridge Mobile Telematics also provides data analysis dashboards and a mobile sensing library for both Android and iOS platforms, enabling users to interact with large datasets effectively. With a customer base extending across 14 countries, the company is dedicated to making roads safer and improving driver performance worldwide.
Zymergen, Inc. is a biotechnology company that focuses on researching, developing, and manufacturing microbes for various industries, including agriculture, chemicals, materials, pharmaceuticals, electronics, and personal care. Founded in 2013 and headquartered in Emeryville, California, Zymergen employs a platform that integrates automation, machine learning, and genomics to enhance the efficiency of microbial strain optimization and production processes. This technology enables the company to improve existing manufacturing strains and facilitates the development of new products by engineering novel molecules from microbes. With additional offices in Boise, Idaho; Medford, Massachusetts; Seattle, Washington; and Tokyo, Japan, Zymergen aims to partner with nature to create innovative materials and products that deliver significant value across multiple sectors.
YourMechanic
Series B in 2018
YourMechanic, Inc. is an online platform that facilitates car repair and maintenance services, allowing vehicle owners to request quotes, book appointments, and receive advice from professional mechanics at their home or office. Established in 2011 and based in Mountain View, California, the company aims to make car repair both affordable and convenient. YourMechanic connects car owners with local mechanics, enabling customers to choose the services they need and the mechanics they prefer. The platform offers a comprehensive range of services, including oil changes, brake pad replacements, and diagnostics, as well as tools for tracking maintenance schedules and service histories. By providing a transparent and user-friendly approach to car maintenance, YourMechanic enhances the overall experience for both vehicle owners and service providers.
ACV Auctions, Inc. is a wholesale automotive auction company headquartered in Buffalo, New York, founded in 2014. It operates a mobile platform that facilitates online auctions for used-car dealers, allowing them to view, bid on, and purchase car inventory directly from other dealers. The platform provides a digital marketplace that streamlines the buying and selling process, offering real-time alerts for available vehicles and enabling live auction participation. Additionally, ACV Auctions offers a pricing application tailored for franchise dealers, enhancing the auction experience and providing transparent and accurate vehicle information to users.
AUTO1 Group
Series F in 2018
AUTO1 Group GmbH is a Berlin-based technology platform that specializes in the buying and selling of used cars. Founded in 2012, the company connects individual customers and professional car dealers through its digital marketplace, facilitating seamless transactions without the need for negotiation. AUTO1 Group sources used vehicles from various channels, including original equipment manufacturers and dealerships, and offers a certified and diverse inventory through its brands, such as AUTO1.com and Autohero.com. Operating in nearly 30 countries across Europe and North America, Auto1 Group serves both the retail market for private customers and the merchant segment for commercial car dealers. Its services include auction fees and logistics, ensuring a streamlined and transparent process in the used car trade.
Octillion Power Systems
Venture Round in 2018
Octillion specializes in advanced lithium-ion batteries for industrial applications and electric vehicles. Its products undergo rigorous design processes, including thermal modeling and integrated battery management systems, ensuring high-quality energy storage solutions.
Didi
Private Equity Round in 2017
Didi Chuxing, founded in 2012 in Beijing, is a leading mobile transportation platform providing app-based services such as taxi hailing, private car-hailing, social ride-sharing, car rental, and enterprise solutions. With over 450 million users and daily orders reaching 25 million, Didi offers a variety of mobility options to optimize resource allocation through big data-driven algorithms. The company aims to address transportation, environmental, and employment challenges by collaborating with communities and partners. Acquiring Uber China in 2016, Didi has over 21 million drivers and car owners on its platform, generating income while offering convenient transportation solutions to users worldwide.
Nauto is an AI technology company that improves commercial fleet safety through its intelligent driver safety system. This system assesses driver behavior to reduce distracted driving and prevent collisions, enabling real-time feedback and analysis for fleet managers. Nauto's platform also powers the development of autonomous vehicle technology.
Didi
Private Equity Round in 2017
Didi Chuxing, founded in 2012 in Beijing, is a leading mobile transportation platform providing app-based services such as taxi hailing, private car-hailing, social ride-sharing, car rental, and enterprise solutions. With over 450 million users and daily orders reaching 25 million, Didi offers a variety of mobility options to optimize resource allocation through big data-driven algorithms. The company aims to address transportation, environmental, and employment challenges by collaborating with communities and partners. Acquiring Uber China in 2016, Didi has over 21 million drivers and car owners on its platform, generating income while offering convenient transportation solutions to users worldwide.
ACV Auctions, Inc. is a wholesale automotive auction company headquartered in Buffalo, New York, founded in 2014. It operates a mobile platform that facilitates online auctions for used-car dealers, allowing them to view, bid on, and purchase car inventory directly from other dealers. The platform provides a digital marketplace that streamlines the buying and selling process, offering real-time alerts for available vehicles and enabling live auction participation. Additionally, ACV Auctions offers a pricing application tailored for franchise dealers, enhancing the auction experience and providing transparent and accurate vehicle information to users.
OneWeb
Corporate Round in 2016
OneWeb LLC is a telecommunications company that develops a constellation of Low Earth Orbit (LEO) satellites to provide high-speed, low-latency internet access globally. Founded in 2012 and based in McLean, Virginia, OneWeb aims to deliver connectivity solutions for various sectors, including broadband, government, and cellular backhaul. The company's satellite network interlocks to create a comprehensive coverage footprint over the planet, enabling reliable communication for industries that depend on global connectivity, such as aviation, maritime, and automotive. OneWeb began launching its satellite constellation in February 2019 and has planned a total of 648 satellites in its initial network. The company was previously known as WorldVu Satellites Ltd. before rebranding to OneWeb in January 2015.
Zymergen, Inc. is a biotechnology company that focuses on researching, developing, and manufacturing microbes for various industries, including agriculture, chemicals, materials, pharmaceuticals, electronics, and personal care. Founded in 2013 and headquartered in Emeryville, California, Zymergen employs a platform that integrates automation, machine learning, and genomics to enhance the efficiency of microbial strain optimization and production processes. This technology enables the company to improve existing manufacturing strains and facilitates the development of new products by engineering novel molecules from microbes. With additional offices in Boise, Idaho; Medford, Massachusetts; Seattle, Washington; and Tokyo, Japan, Zymergen aims to partner with nature to create innovative materials and products that deliver significant value across multiple sectors.
ACV Auctions, Inc. is a wholesale automotive auction company headquartered in Buffalo, New York, founded in 2014. It operates a mobile platform that facilitates online auctions for used-car dealers, allowing them to view, bid on, and purchase car inventory directly from other dealers. The platform provides a digital marketplace that streamlines the buying and selling process, offering real-time alerts for available vehicles and enabling live auction participation. Additionally, ACV Auctions offers a pricing application tailored for franchise dealers, enhancing the auction experience and providing transparent and accurate vehicle information to users.
Didi
Funding Round in 2016
Didi Chuxing, founded in 2012 in Beijing, is a leading mobile transportation platform providing app-based services such as taxi hailing, private car-hailing, social ride-sharing, car rental, and enterprise solutions. With over 450 million users and daily orders reaching 25 million, Didi offers a variety of mobility options to optimize resource allocation through big data-driven algorithms. The company aims to address transportation, environmental, and employment challenges by collaborating with communities and partners. Acquiring Uber China in 2016, Didi has over 21 million drivers and car owners on its platform, generating income while offering convenient transportation solutions to users worldwide.
YourMechanic
Series B in 2016
YourMechanic, Inc. is an online platform that facilitates car repair and maintenance services, allowing vehicle owners to request quotes, book appointments, and receive advice from professional mechanics at their home or office. Established in 2011 and based in Mountain View, California, the company aims to make car repair both affordable and convenient. YourMechanic connects car owners with local mechanics, enabling customers to choose the services they need and the mechanics they prefer. The platform offers a comprehensive range of services, including oil changes, brake pad replacements, and diagnostics, as well as tools for tracking maintenance schedules and service histories. By providing a transparent and user-friendly approach to car maintenance, YourMechanic enhances the overall experience for both vehicle owners and service providers.
YourMechanic
Series A in 2015
YourMechanic, Inc. is an online platform that facilitates car repair and maintenance services, allowing vehicle owners to request quotes, book appointments, and receive advice from professional mechanics at their home or office. Established in 2011 and based in Mountain View, California, the company aims to make car repair both affordable and convenient. YourMechanic connects car owners with local mechanics, enabling customers to choose the services they need and the mechanics they prefer. The platform offers a comprehensive range of services, including oil changes, brake pad replacements, and diagnostics, as well as tools for tracking maintenance schedules and service histories. By providing a transparent and user-friendly approach to car maintenance, YourMechanic enhances the overall experience for both vehicle owners and service providers.
Kuaidi Dache
Series D in 2015
Kuaidi Group, as the most technologically integrated and largest car service company in the world, is rapidly transforming the concept of moving people – starting in China. The app combines integrated mapping and third party payment technology to make its service accessible to everybody, and provides over 1 million taxis and a variety of standard and luxury cars for all lifestyles. To ensure the service fits smoothly into urban life, Kuaidi has developed a framework is that is adaptable to other platforms in China, and works in partnership with China’s government and regulators instead of against them.
In a country where only 18% of per capita car ownership, Kuaidi is clearly meeting an important need. Kuaidi’s unique business model has attracted 100m registered users in over 300 cities, fulfilling 6 million requests per day. To optimize its services and go beyond customer expectations Kuaidi has secured partnerships with Alipay, Ctrip, AutoNavi, Baidu Maps, Qunar, and Beijing’s ‘96106’ government official platform.
Moatable
Private Equity Round in 2008
Renren Inc. operates primarily as a used automobile retailer in the People's Republic of China, offering a range of vehicles from brands such as Audi, BMW, Mercedes-Benz, Land Rover, and Porsche. The company facilitates financing options for customers through partnerships with financial services and provides credit financing to used car dealers. Additionally, Renren offers value-added services, including warranties, insurance, and after-sale support. The company leverages its online platforms, including the Kaixin Auto app and other vertical channels, to reach customers. Beyond the automotive sector, Renren also develops the Chime platform, which provides lead generation and customer relationship management solutions tailored for real estate professionals in the United States. Furthermore, it offers online and mobile services for the trucking industry. Originally founded in 2002 as Oak Pacific Interactive, the company rebranded to Renren Inc. in 2010, and is headquartered in Beijing.
Oxlo Systems
Series A in 2004
Oxlo Systems, Inc., based in Broomfield, Colorado, specializes in developing data exchange and integration software solutions primarily for the healthcare and automotive retail sectors. The company provides essential health insurance data that supports effective product design, pricing, and marketing, along with integration solutions that help insurance carriers manage complex public and private exchange requirements. In the automotive sector, Oxlo Systems offers software that facilitates real-time, bi-directional integration, enabling manufacturers, lenders, and dealers to streamline operations, enhance customer experiences, and drive innovation. The firm’s Open Dealer Integration Network connects and monitors critical business processes continuously, allowing clients to launch products more efficiently while minimizing risk and IT costs. Oxlo Systems serves a diverse clientele, including Fortune 1000 companies and small businesses, and has established itself as a leader in Software as a Service solutions across various industries since its incorporation in 2003.