VC Activity & Trends April 2022 – Investments in Mobility Startups
April 2022 is not an exciting month for mobility startups as funding activities further slowed down in the sector. VC and Corporate Venture Capital (CVC) invested money in Electric Vehicles, Autonomous, and Air taxis space.
According to the Mobility Innovators funding tracker, 19 startups raised $1.29 billion in a just month, compared to $1.33 billion, $3.69 billion, and $2.53 billion in March, February, and January 2022 respectively.
The smallest funding was $1 million (Debt) by Zypp Electric and the largest round of $375 million by BETA TECHNOLOGIES
The list of startups is as follows:
🚙 Cavnue – $130 million
🛴 Neuron Mobility – $43.5 million
🚎 如祺出行 Ruqi (OnTime) Mobility (Series A) – $153 million
⚡️ Zypp Electric (Debt) – $1 million
📲 ETAP – Operation Technology, Inc. (Pre-seed) – $1.5 million
⚡️ Prakriti E-mobility Pvt. Ltd. (Pre-Series A) – $5 million
🔌 FreeWire Technologies (Series D) – $125 million
🚁 Pyka – $37 million
🔋 TWAICE (Series A) – $30 million
📲 PayByCar (Seed) – $4 million
⚡️ Shift EV (Series A) – Undisclosed
🚁 BETA TECHNOLOGIES (Series B) – $375 million
🔌 Tirex Chargers – $2 million
🏍️ Rapido – $180 million
🔋 StoreDot – Undisclosed
🔋 Recurrent – $4.5 million
🛴 Luup – $8 million
🚗 Carmoola – $36 million
🚤 X Shore | 100% Electric Boats – $50 million
🚦 SmartHop (Series B) – $30 million
🚗 Bcomp Ltd (Series B) – 35 million
📲 TankU – $8 million
🚙 BluSmart Mobility – $35.2 million
📲 Zeliot Connected Services – Undisclosed
Check out the link to read more details about funding rounds
Photo: SankeiBiz