09 Aug Automobility EXCELerate Pipeline – Edition #44

We are very pleased to share the 44th 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.

Recent Pipeline News, Publications and Media Mentions

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

We are excited to partner and join the advisory board of ARMONIC, one of our EXCELerate portfolio companies, for the commercialization of the startup’s enterprise mixed reality (MR) software solution in the automotive industry. Bill Russo, Founder & CEO of Automobility Limited, said: “Mixed and Augmented Reality is a highly relevant point of technology innovation the automotive sector and will transform the cabin experience by seamlessly blending digital information with the physical world.”

This and other recent news highlighting the milestones achieved by companies in our EXCELerate pipeline:

• Addionics Wins UK Research and Innovation SME Credit Competition
• Cipia With Driver Monitoring System Design Win For European Carmaker
• Tomorrow.io Successfully Launches 2nd Satellite and Closes $87M Series E
• Arbe Raises $23M to Boost Chinese Market Penetration and Advance Perception Radar Solutions
• Software République’s Concept Car “H1st Vision” To Incorporate Kardome’s Voice AI Technology
• Karamba Security Signs Production Agreement For 1 Million Trucks
• Tomorrow.io Launches First Radar Satellite for Weather Forecasts

We continue to play a very active role of keeping everyone informed of the developments in the global race to the Future of Mobility.

This month, we are very proud to announce that the book Selling to China: Stories of Success, Failure & Constant Change is now available to order. Automobility’s Founder and CEO Bill Russo wrote the chapter titled China’s Auto Industry: The Race to a Sustainable Future, which can also be purchased by scanning the QR code or by following this link (Copy and paste to your browser):  https://bit.ly/3NYkbxw

You can access a link to order the book here: Selling to China: Stories of Success, Failure & Constant Change

Since our last update, we contributed to numerous events, articles and media stories:

• Auto|Mobility Investment Pulse Check – Issue #63
• Auto|Mobility Investment Pulse Check – Issue #64
• State of China’s Auto Market – June 2023
• Outlook for China’s New Energy Market [CGTN Video]
• The Chinese carmakers planning to shake up the European market [Financial Times] (Copy and paste the link to your browser: https://www.craft.me/s/TRtIxzBlYEEl3P)
• China jolts EV market with affordable vehicles [China Daily] (Copy and paste the link to your browser: https://www.craft.me/s/6M5k15UasOjIc0)
• China’s next export is an electric-vehicle fight[Reuters] (Copy and paste the link to your browser: https://www.craft.me/s/7Ci0lje6tBy7Al)
• Tesla’s China expansion hits speed bump amid industry overcapacity [Reuters] (Copy and paste the link to your browser: https://www.craft.me/s/NoQ7QOwe3ZHKKa)
• Chinese EV giant BYD overtakes Tesla, but can it crack the U.S. market?[Washington Post] (Copy and paste the link to your browser: https://www.craft.me/s/VsMvAtKSUSJ3hi)
• World’s Hottest EV Maker Sees Biden’s Climate Law as a Barrier [Bloomberg] (Copy and paste the link to your browser: https://www.craft.me/s/w9KLbDTEal9zWe)
• Elon Musk’s Warm Welcome in China Reflects Tesla’s Role in Building Top EV Market [Wall Street Journal] (Copy and paste the link to your browser: https://www.craft.me/s/MnVrWubemvfDGR)
• Elon Musk’s visit underscores China’s importance to global EV market, analysts say [CNBC] (Copy and paste the link to your browser: https://www.craft.me/s/LL5BrmkiWfLi45)
• BYD’s Big Moment [The Wire China] (Copy and paste the link to your browser: https://www.craft.me/s/yM6rWERRCuGkgZ)
• Reshaping the automotive industry value chain, where are the opportunities? [2023 China Automotive Chongqing Forum]

Featured in EXCELerate Pipeline 44

The 44th edition features 42 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]

• TOP GUN is a developer of enterprise-focused mixed and augmented reality software platform

• CUBE is a India-based developer of purpose-built electric commercial vehicles

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