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$8.5B For Auto, IoT, Security Startups


Investors infused $4.9 billion into automotive-related startups, nearly $2.5 billion into IoT startups and almost $1.2 billion into cybersecurity startups so far in 2018, according to Semiconductor Engineering’s estimates of private funding in the first six months of 2018. Popular investments included companies using artificial intelligence, big data analytics, blockchain, machine learning... » read more

Automotive Startup Activity Swelling


According to AngelList, there are at least 6,600 automotive startups, with a $4.6 million average valuation. 475 of those are electric vehicle startups with a $5 million average valuation. Indeed, the electrification of vehicles and move towards autonomous driving is having a huge impact, the likes of which the automotive industry has never seen. This is causing the car manufacturers and Tie... » read more