Hi ,
Happy New Year from all of us at Automotive Ventures!
The new
is out, and if you missed it, we make some bold predictions for 2023.
Interested in investing directly into early-stage AutoTech and Mobility companies? Check out the new
Automotive Ventures Portfolio Companies in the News:
Great coverage of Automotive Ventures portfolio company Dollaride and founder Sulaiman "Su" Sanni! Dollaride Founder Su Sanni Awarded $10M To Build The First All-Electric Dollar Van Network In New York (
)
Here are the past week's AutoTech and Mobility transactions. For a more detailed monthly recap, check out our
.
Last Week's Auto-Tech Transactions:
Electrification & Alternative Fuels:
has raised a $15 million Series A Investment to scale the production of critical materials for solid-state batteries. The funding was lead by Hanwha Solutions Corporation.With this new investment, Ampcera is on track to scale the production capacity of sulfide-based solid electrolyte materials to meet the rapidly increasing customer demand. This investment will also accelerate the integration of its solid electrolyte materials in solid-state batteries to better serve its customers. (
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e-mobility startup
has closed a six million euro Series A funding round, bringing new investors BayBG VC and Lindner Group on board. Existing investors Ananda Impact Ventures and Helen Ventures have further increased their investment in the development of operating software for DC charging stations. The in-house charging technology and operating system solution EcoG | OS can be used modularly as hardware software or software-only solution. More than 15 manufacturers use the software in more than 24 charger series. (
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has closed an undislosed series A funding round, co-led by Dow Jones and Dutch venture fund Ponooc. Also taking part are two of its existing investors: Bridford Group and Arches Capital. Eco-Movement has an electric vehicle charge point data platform designed to provide charge point information for EV drivers and the EV ecosystem. The company integrates the data it receives into a uniform database using algorithms, thus providing navigation providers, car manufacturers, and e-mobility service providers with information about charging points all over Europe. (
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Air Mobility & Space:
Australian drone logistics company
is celebrating new milestones and funding as it plans its expansion to more markets. The company has announced a $10 million addition — from latecomer Levitate Capital — to its $16 million Series B from earlier this year. (
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Reliance has backed the Philadelphia-based AI and robotics startup
, acquiring a 23.3% stake in Exyn for $25 million. The Indian firm’s investment is part of a larger $35 million Series B funding of the Philadelphia startup, which operates a robotic autonomy for complex, GPS-denied environments. (
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Shared Mobility & Subscription:
Bangladeshi transport-tech startup
announced that it has raised $1.5 million in new funding, bringing its total investment to $2.5 million to date. The round was led by South Asia Tech, a growth-stage venture capital fund focused on logistics & e-commerce startups in South Asia. Other investors in the round include Startup Bangladesh Limited - the only government VC fund in the country, investors from Bangladesh Angels Network (BAN), and some existing investors including Accelerating Asia. (
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Micromobility:
, a French startup building a data platform for shared mobility companies as well as local governments, has raised a $6.4 million (€6 million) Series A funding round led by Baloise VC with XAnge as well as existing investors RATP Capital Innovation and Ponooc also participating. (
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Amsterdam-based
, a shared electric cargo bikes startup, has raised €1.3M in a Seed round through crowdfunding. The company also announced that it has acquired a new lease facility for purchasing e-cargo bikes. High Rise Ventures GmbH and a number of angel investors supported the equity crowdfunding round, with a sizable contribution coming from BAQME riders. The campaign was completed on Crowdcube. The lease facility has been provided by Terberg Business Mobility as BAQME continues its expansion strategy. (
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Have a great week,
Steve Greenfield
678.576.9972
