10 self-driving startups poised to become the next Waymo, according to VCs

 10 self-driving startups poised to become the next Waymo, according to VCs

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Start-ups like TuSimple show the autonomous-vehicle industry’s increasing concentrate on trucking and deliveries.


TuSimple.



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  • Organization Insider asked 7 investor to choose the 2 self-driving startups they believe have the most potential.
  • At least among the VC’s picks needed to originate from outside their company’s portfolio.
  • Much of their options showed the autonomy industry’s increasing concentrate on trucking and shipment over ride-hail.
  • Aurora Innovation was selected four times, more than any other company.
  • See Company Insider’s homepage for more stories

Organization Insider asked seven endeavor capitalists to choose the 2 autonomous-vehicle start-ups they believe have the most promise, with the caution that just one could be a business their company has invested in.

These 10 start-ups could play a significant role in that pivot.

Aurora Development

Aurora Innovation



Matt McClain/The Washington Post via Getty Images.

Why it was selected: Aurora was picked by four of the seven VCs Business Insider spoke to, more than any other business.

” That looks to be one of the possible really huge winners from a venture-investment perspective,” Ratliff said.

Gatik

Gatik



Gatik.


Chosen by: Fraser McCombs Capital handling partner Mark Norman (financier), Trucks Equity capital partner Reilly Brennan (financier)

Overall financing raised: $246 million

What the business does: Gatik is establishing autonomous cars designed for short-haul, business-to-business deliveries.

Why it was chosen: Gatik has received a major endorsement from Walmart, which has actually formed a collaboration with the startup. Brennan and Norman also lauded Gatik’s decision to focus on an application that is less intricate than ride-hailing and has an obvious appeal for the business’s possible customers.

Gatik’s service model is “an MVP idea,” Norman stated.

TuSimple

L4_AutonomousTruck_1

TuSimple.


TuSimple.



Chosen by: Trucks Equity capital partner Reilly Brennan (not an investor)

Overall financing raised: $4079 million

What the business does: TuSimple is developing automated-driving software application and hardware for sturdy trucks.

Why it was selected: TuSimple has landed a number of prominent partnerships with business like the UPS, Navistar, and ZF Friedrichshafen.

” It appears, from a partnership point of view, that TuSimple is actuall

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