Autonomous Vehicles: A Global Startup Hub Activity Analysis by StartUS Insights

#autonomousvehicles #autonomoustech #startups #startuphubs

In just 20 years, autonomous vehicles (AVs) have now become feasible and viable as a solution for mass urban mobility. Startups and emerging companies have been developing underlying technology-driven support solutions to truly enable self-driving vehicles.

Increasingly, ride-hailing and -sharing services experiment with level 4 autonomy where the driver is not required to pay full attention to the driving but still requires one.

StartUs Insights Platform analyzed the geographic distribution of global activity in Autonomous Vehicles. They identified 22 regional hubs that observe high activity in developing self-driving technologies and solutions across industries like automotive, mobility, manufacturing, and construction to name a few.

According to their data, Silicon Valley, London, New York City, Tel Aviv, and Los Angeles are home to 344 startups and emerging companies accounting for 33% of global activity. Let us have a look at some of the promising AV startups from these 5 top hubs.

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Autonomous Vehicles: A Global Startup Hub Activity Analysis

In just twenty years, autonomous vehicles (AVs) have transformed from being unreliable and 'too futuristic' to becoming feasible and viable as a solution for mass urban mobility. An explosion of ride-hailing services combined with rapid advancements in sensing technologies plays a key role in the progress of AVs.

MicroMobility - US-based Rocketship leads Rs 30 Cr funding in Indian micro-mobility platform Yulu

#fundingalert #startups #startupindia #startupfunding #EV #electricmobility #smartcities #localmobility #micromobility #vc #vcfunding

India’s EV market is estimated to touch $2 billion by 2023, according to TechSci Research.

Bengaluru-based last-mile micro-mobility platform Yulu on Monday announced that it has raised a fresh funding of Rs 30 crore led by US-based VC firm rocketship.vc and existing investors.

Amit Gupta, Co-founder and CEO, Yulu shared “Users find Yulu as the safest mode of commute due to our single-seater vehicles and frequent sanitization. It is becoming increasingly evident that shared mobility platforms like Yulu will lead the large scale adoption of Electric Vehicles in India.”.

This marks rocketship.vc’s first-ever investment in the Indian micro-mobility sector. The VC firm has backed many Indian startups including players Moglix, Khatabook, NoBroker.com, and Locus to name a few.

So far, Yulu has raised more than $20 million in funding from key investors like Bajaj Auto Ltd, Blume Ventures, 3one4 Capital, Wavemaker Partners, and now US-based rocketship.vc, among others. In November 2019, Yulu had received Series A funding of $8 million, led by leading automobile manufacturer Bajaj Auto Ltd.

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US-based Rocketship leads Rs 30 Cr funding in micro-mobility platform Yulu

Bengaluru-based last-mile micro-mobility platform Yulu on Monday announced that it has raised a fresh funding of Rs 30 crore led by US-based VC firm Rocketship and existing investors. According to a statement released by the startup, the new investment will be used for further strengthening the mobility platform, providing technology solutions, and enabling rapid expansion.

Holographic Technology: Samsung Submits Patent Application for VR Eyeglasses To Display Turn-by-Turn Navigation for Drivers

#holographic #holography #technology #automobiles #vr #virtualreality #HUD #startupideas #ar #augmentedreality

The global market for automotive AR & VR solutions is expected to reach about $673 billion by 2025 according to Statista, with a compound annual growth rate of 175%.

Electronics company Samsung came up with a unique solution that may one day help drivers for more safety navigation. The company applied for a patent recently for a pair of virtual reality (VR) glasses that projects turn-by-turn navigation directly onto the lenses in for the driver.

The glasses work like the head-up-display (HUD) in some vehicles that displays information, such as the current speed, directly on the windshield in front of the driver. Instead of projecting the information onto the windshield, it can be sent to a pair of virtual reality glasses that the driver wears while they are navigating a route.

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Samsung Submits Patent Application for VR Eyeglasses That Can Display Turn-by-Turn Navigation for Drivers

Electronics company Samsung came up with a unique solution that may one day help drivers more safety navigate. The company applied for a patent for a pair of virtual reality (VR) glasses that projects turn-by-turn navigation directly onto the lenses in for the driver.

Holographic Technology: WayRay Unveils its First Full Colour Holographic AR Display at CES 2020

#holographic #technology #automotive #ar #augmentedreality #windshield #digitaladvertising

One more interesting startup in holographic technologies is WayRay. WayRay, a holographic display company which has primarily focused on created augmented reality (AR) screens for the automotive industry is at CES 2020 in January 2020 to showcase its latest product, a full-colour display. On top of this, WayRay has revealed new efforts to expand its product offerings into new markets.

Vitaly Ponomarev, WayRay Founder and CEO, explained that in 2020 their Holographic AR Display is updated with an addition of a blue laser, offering a complete RGB experience.

The second collaboration is with Doosan Bobcat, an engineering and manufacturing company which creates compact construction equipment like the Bobcat loader. WayRay wants to add its Holographic AR HUD to Doosan Bobcat equipment, offering operators more information to operate the equipment more efficiently and productively.

Look at the video showing how a front windscreen will look like

WayRay Unveils its First Full Colour Holographic AR Display at CES 2020

WayRay, a holographic display company which has primarily focused on created augmented reality (AR) screens for the automotive industry is at CES 2020 this week to showcase its latest product, a full-colour display. On top of this WayRay has revealed new efforts to expand its product offerings into new markets.