Mobility Investments Surpass 6 Billion Dollars in Q3

Navya Arma

The increasing interest in mobility solutions is reflected in investments in the transport industry. As reported by the  San Francisco-based startup-analyst-group Crunchbase, more than 6.2 billion dollars were raised by over 150 companies worldwide. The growth is fueled by autonomous driving and ride-sharing companies. The amount invested alone in Q3 2016 is higher than for the whole year 2015.

And the investments are continuing in Q4. French startup Navya, specialized on self-driving shuttlebusses, raised 34 million Dollars at an evaluation of 220 million.

Optimus Ride raised a seed round with 5.25 million Dollars to develop a new autonomous mobility solution. Optimus is still in stealth mode, but team members worked in the past at MIT developing concept of small autonomous city cars.

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