Trucks Venture Capital

Trucks Venture Capital is a venture capital investment firm established in 2015 and based in San Francisco, California. The firm focuses on funding entrepreneurs who are innovating within the transportation sector. By supporting companies that are shaping the future of transportation, Trucks Venture Capital aims to drive advancements and efficiencies in this vital industry.

Puneeth Meruva

Partner

Past deals in Ride Sharing

Taur

Seed Round in 2022
TAUR Technologies, founded in 2019 by Richard Adey and Carson Brown, is dedicated to revolutionizing urban transport through the development of electric scooters. Based in London, the company aims to combine stylish design with user-friendly experiences, making e-scooters a practical choice for city travel. Their scooters offer the stability of e-bikes while maintaining the portability of traditional kick-scooters, ensuring safe and convenient rides. TAUR has attracted a skilled team from notable companies, including Tesla and McLaren, and gained recognition for its innovative designs, winning a GOOD DESIGN® Award in January 2022.

Roadio (Formerly Streetlogic)

Pre Seed Round in 2021
Developer of an advanced driver assistance system(ADAS) designed for two wheelers. The company offers a lightweight, low-power collision warning system that consists of two fisheye cameras, a powerful processing unit, and advanced artificial intelligence to detect and notify riders of threats in real-time, enabling them to get notified of hazards around them and avoid collisions to keep them safe.

Gatik

Series B in 2021
Gatik is a startup developing technology for autonomous light & medium duty trucks for B2B short-haul logistics. It specializes in the fields of artificial intelligence, automotive, and logistics. It was founded in 2017 and headquartered in Mountain View, California.

Swyft

Series A in 2021
Swyft is a B2B marketplace offering same-day delivery for brands and retailers. It enables carriers to digitize or automate a good deal of what they’re traditionally doing by hand. Ship via Swyft and gain unified bills, digital PODs, real-time track and trace, branded customer notifications, SMS updates, and more. Swyft converts more shoppers at checkout and delights them with reliable and affordable same-day delivery. Swyft was founded in 2020 and is based in Toronto, Canada.

ChargerHelp!

Seed Round in 2021
ChargerHelp! operates at the intersection of clean technology and workforce development. ChargerHelp!'s app-based dispatch and deployment system solves the industry-wide problem of down electric vehicle charging stations by providing on-demand repairs and maintenance support from trained and supported local workforces. This capability, provided at scale, is essential to support the exponential growth in EV charging infrastructure over the next decade, and it dramatically improves efficiency, turnaround time, and network availability while reducing costs across the networks. With the ChargerHelp! service offering, partner EV charging network operators can meet new service level requirements and win new EVSE contracts to meet the exponential growth in charging demands. The ChargerHelp! app is launched, technicians are in the field in its first market, and they've secured contracts with several large EVSE networks.

Faction

Seed Round in 2021
Faction develops software and services for driverless electric vehicles. Faction's supervised autonomous vehicle solutions include remote human TeleAssist® supervision, so we’re not gated by waiting for 100% autonomous technology. Initially, Faction is focusing on micro delivery for last mile logistics and vehicle-on-demand, where you can summon a vehicle and drive it yourself. The company has active customer programs in operation on public roads.

Refraction AI

Seed Round in 2021
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.

River

Seed Round in 2021
River is an electric vehicle manufacturer focused on enhancing livelihoods through its products. The company specializes in producing high-quality utility electric mopeds, which provide customers with affordable mobility solutions suitable for various purposes, including work and recreation. By offering these economical vehicles, River aims to meet the diverse transportation needs of its clients.

Swyft

Seed Round in 2020
Swyft is a B2B marketplace offering same-day delivery for brands and retailers. It enables carriers to digitize or automate a good deal of what they’re traditionally doing by hand. Ship via Swyft and gain unified bills, digital PODs, real-time track and trace, branded customer notifications, SMS updates, and more. Swyft converts more shoppers at checkout and delights them with reliable and affordable same-day delivery. Swyft was founded in 2020 and is based in Toronto, Canada.

Refraction AI

Funding Round in 2020
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.

Token Transit

Seed Round in 2019
Token Transit puts cities in the center of managing new mobility by providing a complete fare payment platform for public transportation. Over 200 municipal and regional transportation agencies across North America use Token Transit SaaS and hardware solutions to bring flexibility, convenience, and ease to the rider journey by letting people buy fares using their phones. Riders can pay with their credit, debit, or commuter benefit cards, while unbanked and underbanked populations can purchase by Cash App Pay. Riders can also purchase passes directly in apps they already use like Google Maps, Apple Maps, Transit, Moovit, Google Wallet, and more.

Gatik

Seed Round in 2019
Gatik is a startup developing technology for autonomous light & medium duty trucks for B2B short-haul logistics. It specializes in the fields of artificial intelligence, automotive, and logistics. It was founded in 2017 and headquartered in Mountain View, California.

Joby Aviation

Series B in 2019
Joby Aviation is a transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024. The aircraft, which has a range of 150 miles on a single charge, can transport a pilot and four passengers at speeds of up to 200 mph. It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit.

Refraction AI

Funding Round in 2019
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.

Wise Systems

Series A in 2018
Wise Systems Inc. develops autonomous dispatch and routing software that enhances delivery efficiency for various industries, including food, beverage, courier, energy, and field service. Founded in 2014 and based in Cambridge, Massachusetts, the company leverages machine learning algorithms to optimize last-mile operations. Its platform includes tools such as Scheduler, which dynamically creates and dispatches optimized route plans; Dispatcher, which allows managers to monitor delivery progress and driver performance; and Customer Portal, enabling recipients to track their orders with real-time ETAs. Wise Systems also offers Smart Reservation Management, allowing customers to select their preferred delivery times. Clients typically experience significant benefits, including reductions in mileage and late deliveries, as well as increased fleet utilization. The software processes millions of data points to make real-time decisions, facilitating efficient transportation operations while reducing costs.

Coord

Series A in 2018
Coord is transforming city streets, starting with the curb. Coord is the only comprehensive curb management platform, empowering cities with technology to digitally operate and price the curb at scale, creating more efficient, safe and equitable streets. Recognized by CNBC Upstart 100 and Fast Company’s Innovation by Design, Coord partners include cities like Seattle, Boston, Somerville, Pittsburgh, Omaha, Nashville, Aspen, Boulder and West Palm Beach. Coord is based in New York City and backed by Alphabet's Sidewalk Labs, Alliance Ventures, Trucks, Urban.us and DB Digital Ventures. For more information, visit coord.com.

Dropbike

Seed Round in 2018
Dropbike is a company that collaborates with municipalities and operators to implement and manage bike-sharing fleets. The organization focuses on enhancing last-mile mobility solutions for riders while providing streamlined operations for city officials. By working closely with urban areas, Dropbike aims to promote sustainable transportation options, making it easier for communities to access reliable and efficient bike-sharing services.

Skip Scooters

Series A in 2018
Skip Scooters operates shared electric scooters for reliable last-mile transportation. The company works with cities to ensure our fleets are operated with the support of the surrounding communities, and they stand behind their riders by providing vehicles, safety education, and training, and world-class support. The scooter rental company is based in San Francisco, California. It is formerly known by its Y Combinator codename, Waybots.

May Mobility

Seed Round in 2018
May Mobility specializes in autonomous vehicle technology development and deployment. The company's technology studies the city's traffic and commuter flow, identifying bottlenecks and gaps in the current public transit schema to design the optimal routes for communities. The company also offers a fleet operation service and provides daily transit by deploying autonomous shuttles to reduce human error in driving, reduce pollution, and create greater economic benefit for communities and riders, enabling public transportation systems to create a safer, greener, more efficient environment.

Skyryse

Series A in 2017
Skyryse has developed a hardware and software operating system, FlightOS, to power all general aviation (GA) aircraft, enabling safer, more capable, and more accessible flight. FlightOS is a common interface for pilots to be able to operate any aircraft - rotorcraft or fixed-wing - with the same controls, substantially reducing pilot fatigue and complexity while offering a step function improvement in flight safety and emergency management. With tens of hours of training, any pilot can safely fly any aircraft regardless of its engine/wing/rotor configuration, either from the cockpit or remotely. Founded in 2016, the company is headquartered in Los Angeles, California, United States.

Stable

Seed Round in 2017
Stable provides software solutions designed to assist electric vehicle (EV) fleets and charging providers in efficiently planning and managing their charging infrastructure. Founded in 2016 and based in San Francisco, the company offers a siting and forecasting platform that utilizes a proprietary machine learning model to predict site utilization and optimize the placement and sizing of charging stations. By consolidating essential data and insights, Stable enables customers to make informed decisions regarding the deployment of charging stations, ensuring that they are installed in locations where they are most needed.

Starsky Robotics

Seed Round in 2017
Trucking is the backbone of the American economy, moving 70% of all freight. Truck drivers risk their lives by spending months away from their families to keep the American economy moving. They are working to make trucks autonomous on the highway and remotely controlled by drivers for the first and last mile. Their trucks will make roads safer while giving drivers meaningful work close to their homes and families.

Skyryse

Seed Round in 2016
Skyryse has developed a hardware and software operating system, FlightOS, to power all general aviation (GA) aircraft, enabling safer, more capable, and more accessible flight. FlightOS is a common interface for pilots to be able to operate any aircraft - rotorcraft or fixed-wing - with the same controls, substantially reducing pilot fatigue and complexity while offering a step function improvement in flight safety and emergency management. With tens of hours of training, any pilot can safely fly any aircraft regardless of its engine/wing/rotor configuration, either from the cockpit or remotely. Founded in 2016, the company is headquartered in Los Angeles, California, United States.

Joby Aviation

Series A in 2016
Joby Aviation is a transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024. The aircraft, which has a range of 150 miles on a single charge, can transport a pilot and four passengers at speeds of up to 200 mph. It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit.

Polysync

Seed Round in 2016
Founded in 2013, Polysync Technologies builds solutions to help partners safely accelerate their development, testing, production, and market deployment of driverless vehicle mobility solutions. Automotive engineering services, developers, government agencies, and universities around the world rely on Polysync for autonomous software and vehicle development. Polysync's products are in operation in more than 17 countries, with offices in Portland, OR, Palo Alto, CA, Detroit, MI, and Europe.

Roadster

Series A in 2016
Roadster provides consumer-driven Commerce Solutions for today’s modern dealership. With Roadster's proprietary technology platform, dealerships can provide a hassle-free car buying in-store, online, or on the go. Roadster dramatically improves dealership customer satisfaction scores, while significantly reducing sales costs. From inventory merchandising to financing/leasing, incentives, trade-ins, service plans, and accessories.

nuTonomy

Series A in 2016
nuTonomy is an MIT spin-off that builds state-of-the art self-driving cars and autonomous mobile robots. They are working with major automotive manufacturers and small, disruptive startups to reinvent personal mobility for the twenty-first century.

Nauto

Seed Round in 2015
Nauto is an AI technology company that’s improving the safety of commercial fleets today and the autonomous fleets of tomorrow. Nauto’s intelligent driver safety system assesses how drivers interact with the vehicle and the road ahead to reduce distracted driving and prevent collisions. Nauto’s intelligent driver safety system assesses how drivers interact with the vehicle and the road ahead to reduce distracted driving and prevent collisions. With this knowledge, Nauto is powering the development of self-driving technology that brings the best of human driving to autonomy.
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