18 Apr Automobility EXCELerate Pipeline – Edition #42

We are very pleased to share the 42nd Edition of Automobility’s EXCELerate pipeline. As always, we are continually scanning the global mobility technology landscape to curate excellent investment opportunities that we believe offer differentiated solutions which fit our “Internet of Mobility” (IoM) and Energy Transition theses.

You can also browse through our latest Automobility Tech Deals [1Q2023] bulletin which features 8 active deals from our EXCELerate pipeline. Please reach out to us at [email protected] for further information on any listed startup to learn more about these or other investment opportunities we are curating.

Recent Pipeline News and Media Mentions

We are pleased to share the significant progress being made by several of our EXCELerate portfolio companies since our last update.

Here is a summary of recent news related to companies from our EXCELerate pipeline:

• Voice Technology Startup Kardome Receives $1M from Leading Japanese Auto Fund
• WattEV Piloting Electric Trucks as a Service with Uber Freight
• Arbe Obtains Japanese Certification for Its Mass Production RF Chipset
• Automobility Brings ComfortDelGro to Ottopia’s $14.5M Series A Funding Round

In addition, Automobility contributed to numerous events, articles and media stories since our last pipeline update:

• Auto|Mobility Investment Pulse Check – Issue #62
• State of China’s Auto Market – March 2023
• How China’s Automakers are Navigating a Geopolitical World [VIDEO]
• The Impact of Technology Shifts on China’s Automotive Aftermarket
• What the Reopening of China Means for the Global Auto Industry
• Bill Russo Commentary on China EV Market [CNBC Video]
• Tesla Faces Tough Competition [CNBC Video]
• Automobility on China Auto Sector [Bloomberg Video]
• Tesla’s Price War in China Backfires as BYD Sales Surge [Financial Times] (Copy and paste the link to your browser: https://www.craft.do/s/jt6vSAwLoZHLlW)
• How China Plans to Crush Elon Musk in the Electric Car Market [Newsweek] (Copy and paste the link to your browser: https://www.newsweek.com/china-electric-cars-us-elon-musk-tesla-plans-1789955)

Featured in EXCELerate Pipeline 42

The 42nd edition features 42 qualified companies on our EXCELerate “Menu”, of which 9 are part of our Energy Transition portfolio. These companies have met our evaluation criteria which ranks each startup across a range of metrics. The charts below show the regional and IoM stack coverage of these startups.

NOTE: Project Codenames are used for startups on the EXCELerate menu of qualified opportunities. More detailed information on each company can be found in our EXCELerate Dealbook, which can be obtained by emailing us at [email protected]

3 startups have been added to our “long list” of startups of interest:

We would be happy to arrange an introduction to any of the companies in our pipeline.