07 Jul Automobility Tech Deals [3Q2025]

10th Edition  – June, 2025

This newsletter features active investment opportunities from our Automobility EXCELerate pipeline. The companies noted here are actively fundraising and seeking commercial partnerships.  Several aim to close an equity investment round in the 2nd half of 2025. Click on the links in the profiles for further details if you would like to take a deeper look at these investment opportunities.

Please contact us at info@automobility.io to set up a call with the target companies. Please let us know if there are other areas of of interest and we would be happy to help you find additional investment opportunities.

Our core thesis centers on the emergence of a new 21st-century business model we call the Internet of Mobility (IoM)—a paradigm rooted in a distributed, cloud-based architecture and anchored by the Intelligent Connected Vehicle (ICV). The IoM accelerates technology commercialization by tapping into the vast scale of the mobile internet. A software-defined, networked, and cloud-enabled ICV architecture is key to unlocking these growth opportunities.

For a deeper dive into our IoM thesis, see our article: “The Third Wave of Disruption: Autonomous Mobility on Demand.”

Auto Tech Accelerates: 3 Domains Shaping the Future

At Auto Shanghai 2025, we observed a major strategic pivot: the future of automaking is being redefined by three tech domains—batteries, core electronics, and autonomous driving (AD).

Chinese OEMs are rapidly consolidating capabilities across these pillars. Battery innovation now spans beyond range to fast charging, thermal control, and solid-state tech. Core electronics—the vehicle’s “nervous system”—are increasingly developed in-house, from ECUs to infotainment. And while L2+ ADAS is becoming standard, the real race is toward scalable, real-world L3/L4 autonomy powered by AI and fleet data.

The winners? Those who scale fast and control the stack. BYD and Huawei stand out by vertically integrating R&D and manufacturing.

Auto Shanghai 2025: How China is Rewriting the Rules of the Global Automotive Game

Featured Investment Opportunities

In this 10th edition of the Automobility Tech Deals newsletter, we highlight a curated selection of startup technology investment opportunities focused on the Internet of Mobility and Energy Transition sectors:

Internet of Mobility

Energy Harvesting

Enervibe

Enervibe is an energy harvesting technology solutions provider. Claims to have developed a MEMS-based dynamic vibration energy harvester chip technology for harvesting energy from vibrating sources such as human motion, structures, and machines. Used in the tire pressure monitoring system, smart sports gadgets, wireless battery-free light switches, and more.

Traction & milestones: Enervibe has recently achieved a significant milestone by securing substantial financial backing from the esteemed Israel Innovation Authority. This recognition underscores their commitment to innovation and the tireless pursuit of pushing the boundaries in the automotive industry.

Funding round: Enervibe is raising a SAFE round of $2M in 2024.

Fleet Management

Tower Mobility

Tower Mobility is a next-generation EV ride-hailing operator based in the United States, transforming urban mobility through a fully electric fleet, W2-employed drivers, and a proprietary tech platform that’s AV-ready. With strategic backing from Uber and a business model designed for scale, Tower solves key industry challenges in driver retention, emissions, and fleet economics—offering a smarter and more sustainable ride-hailing infrastructure.

The company’s platform integrates intelligent charging, real-time fleet dispatch, and in-cabin driver performance monitoring to ensure maximum vehicle uptime and compliance with local labor regulations. Unlike gig-based models, Tower fully employs its drivers, achieving >80% retention—more than 8x industry benchmarks.

Traction & milestones: In 2024, Tower completed 1.75 million rides with a 98% acceptance rate across two U.S. cities, generating over $20M in Q4 revenue. The company operates 400 EVs today and is on track to scale to 6,000 vehicles across four cities by 2027. Tower has secured a $42M ride-hailing contract and $9M in direct financial support from Uber, and is actively engaged with Waymo and Zoox on AV fleet servicing opportunities.

Funding round: Tower is currently raising a $14M SAFE round (20% discount, $140M cap) to support charger deployment, tech development, and fleet scale-up.

Energy Transition

Thermal Management System

CARRAR

Carrar is a provider of thermal management solutions. It offers thermal management solutions for batteries, powertrain, electric-vehicle charging infrastructure, etc. The system offers optimal boiling that manages heat fluxes for charging which preserves battery life. Also, provides a two-phase immersion cooling system, ensuring uniform temperature down to the cell level, preserving battery life, increasing passenger safety, and advancing the drive toward a pollution-free world.

Traction & milestones: Carrar has reached a pivotal milestone with the launch of its groundbreaking material solutions, propelling the company to the forefront of the industry. The innovative product line is already gaining traction across sectors for its exceptional performance and sustainability, highlighting Carrar’s commitment to technological advancement and customer success.

Funding round: Carrar has secured Seed funding of $11M and is closing its Series A funding by the end of this year.

About Automobility

Please find below contact details for our offices in Shanghai, Hong Kong and Tel Aviv or contact us at info@automobility.io

Official Website: http://automobility.io/

Tel +86 139 1757 7148

Hong Kong