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Below you will find the Q2 2021 summary for the internet of things startup market. It includes funding, maturity, and exit trends for the last quarter, along with key takeaways.
Read MoreAt this time, we are tracking 702 Connected Transportation companies across 17 categories, with a combined funding amount of $24.7B. These are companies that are looking to revolutionize the way people move around and interact with their transportation options. The sector includes things like connected car technologies, smart infrastructure grids, and collaborative consumption enablers.
The following infographic is an updated heat map indicating where Connected Transportation startups exist all over the world. Currently, we are tracking 698 companies across 43 countries and 309 cities. The United States is leading the way with 283 companies, the United Kingdom is in second with 28 companies, and India is in third with 18. We are currently tracking Connected Transportation in 17 categories, with a total of $24.5 Billion in funding. To see the full list of companies, contact us using the form onwww.venturescanner.com.
The following infographic summarizes the median funding for each Connected Car category to show which Connected Car categories are the best funded. It shows that Vehicle to Vehicle (V2V) Communications is in the lead with $20M funding per company, followed by Auto Wireless Networking with $16.9M per company. Vehicle to Vehicle Communications has 17 times the median funding as Auto Head Up Displays (HUD) at $1.14M. Please note that this data is based only on Connected Car companies that have publicly available funding data. We are currently tracking over 680 companies in 15 categories across 40 countries, with a total of $21.4 Billion in funding. To see the full list of 680 Connected Car companies, contact us using the form on www.venturescanner.com.
The following infographic summarizes the Internet of Things sector by median age of category. The City + Infrastructure category currently has the highest median at 8 years while the Smart Watches + Jewelry category has the lowest at 3 years. Each category in our IoT scan was created by our dedicated team of analysts who specialize in helping you understand the complex startup ecosystem.
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