We’ve previously observed that transportation technology funding is seeing significant growth. This quarter we are delving deeper on our transportation tech research platform to examine funding by category. Our platform shows two key takeaways:
- Autonomous Cars leads the sector in Q2 funding
- Ride Hailing dominates the sector in all-time funding
We’ll explain these takeaways with some graphics and discussions below.
Autonomous Cars Leads Transportation Technology in Q2 Funding
To start off, let’s look at transportation technology category funding in Q2.
The above graphic shows that the Autonomous Cars category leads the sector in Q2 funding with $3.5B. The Ride Hailing and Smart Mobility categories follow in the second and third places with $2.7B and $2B, respectively.
So we’ve witnessed how different transportation technology categories stack up in their Q2 funding. But how do these categories’ funding compare with each other historically? Let’s investigate that in the next section.
Ride Hailing Dominates Transportation Technology in All-Time Funding
The graph below shows the all-time funding in different transportation technology categories. The quarterly funding and growth rates of these categories are also highlighted.
The bar graph in the above graphic indicates that Ride Hailing absolutely dominates the sector in all-time funding with $66B. Its funding is more than twice the funding in the next category, Smart Mobility.
The line graph demonstrates that Intelligent Transit had the highest growth rate in Q2, more than doubling its funding.
Conclusion: Many Transportation Technology Categories Are Seeing Growth
In summary, we have analyzed the transportation technology funding amounts in different categories. We’ve discovered that Autonomous Cars leads the sector in Q2 funding, while Ride Hailing dominates in all-time funding. It’ll be interesting to see if any other transportation technology categories will catch up in the rest of 2018.
To learn more about our complete transportation technology report and research platform, visit us at www.venturescanner.com or contact us at [email protected].