Mobility Club Monthly European CVC Activity in Mobility Tech Startups - November 2021

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Posted on 03.12.21
Investissement Mobility insights
Mobility Club Monthly European CVC Activity in Mobility Tech Startups - November 2021

Dear mobility enthusiast and Mobility Club members,

European CVC Activity in Mobility Tech Startups was quite focused on relatively young startups in November! Here are the main takeaways:

  • 12 deals identified
  • €964M invested (2 deals with an undisclosed amount), 7 deals < €10m
  • France ranks 1st in terms of deals
  • The AutoTech segment has the most deals

 

Let’s explore the top 3:

Ionity raised €700M:

  • The EV startup was founded in 2017 by BMW, Volkswagen, Ford, and Daimler and in the meantime joined by Hyundai Kia Group
  • As of today, Ionity has 1.5K charging points, and plans to install 7K charging points by 2025 thanks to the funding
  • Part of its expansion plan comprises owning and operating services stations for drivers

 

Motorway landed €167,62M:

  • The UK-based startup reached unicorn status with
  • Motorway offers a platform allowing professional car dealers bid in an auctions cars that are privately-owned
  • Thanks to its fully-digital process, the startup attracted 4K professional car dealers, 100K used cars has been sold through the platform

 

Blackshark.ai raised €17.6M:

  • The Austrian-based startup develops an Earth-replica technology
  • M12, the CVC of Microsoft is involved in the round, Blackshark.ai developed Microsoft’s Flight Simulator
  • The startups is into the promising “digital-twin” market, which have lots of potential use cases

 

Congrats to the startups: Eatron, Travis Road Services, VelyVelo, Zembo, Scuter, Vianova, Carbookr, Avocargo, &Charge

 

Seems interesting? Happy to connect: [email protected]

 

Vincent Cabanel