Mobility Tech

Step into the mobility tech industry—where innovation blends with sustainability to shape the future of transportation.

Driving towards eco-friendly tomorrow

Nowadays, the mobility tech industry is a fertile ground for innovation. The sector is skyrocketing (especially the market size) due to a surge in eco-friendly solutions and smart technology. Plus, many investors are eager to back the next big thing in sustainable and high-tech transportation.

Why it matters:

The mobility tech market is a gold mine of possibilities for startups:

  • Electric vehicle development
  • Autonomous vehicle technology
  • MaaS
  • Connected vehicles and IoT

Between the lines:

Along with vast opportunities come challenges—be ready to keep up with tech innovations, navigate regulations, and deal with customer acceptance. Plus, learn how to make securing mobility tech funding faster and easier.

We’ve assisted multiple mobility tech startups and know how to build successful businesses that grab investor attention

$3B+
Funding attracted
600+
Startups supported
80+
Sectors encompassed

What we do:

We streamline fundraising, handle M&A transactions, and conduct robust go-to-market strategies and compelling pitch decks.

Go deeper:

Check our mobility tech market research to know more about the current situation in the market and what it takes to attract funding.

5x growth
The mobility tech market will see a fivefold leap by 2032.

 

55% rise
In the global population living in cities by 2030.

Driven by eco-friendly trends, advances in electric and autonomous vehicles, and the rising need for smart, connected transport
13%

Is the global EV share of new car sales in 2023.

50+

Companies test autonomous vehicles on roads worldwide.

74% increase

In the global transportation emissions during the last 20 years.

VENTURE LANDSCAPE

In 2022, mobility tech startups attracted over $22.40B in venture capital

Key verticals:

  • Electric vehicles (EVs)
  • Autonomous driving
  • Mobility as a service (MaaS)
  • Connected vehicles and IoT

Leading mobility tech venture capital firms

Write to us to know more

Key milestones of mobility tech startups

If you aim to innovate and succeed in this rapidly changing sector—be ready to address the following challenges.

Tech advancements:

What connects electric vehicles, autonomous vehicles, connectivity, and AI? Sure, it’s the need to keep up with rapid tech developments in these areas.

Why it matters

If mobility tech startups fail to keep their finger on the pulse, they risk:

  • Not raising necessary venture funding
  • Falling by the innovation wayside

What it takes:

  • Collaborate with academic institutions for research
  • Seek collaborations for joint development
  • Stay up-to-date about the industry trends

Regulatory frameworks:

Comply, comply, and once again comply with all the necessary industry standards. You must regulate safety, data privacy, cybersecurity, liability, and insurance issues.

Why it matters

Compliance difficulties can:

  • Delay product launches
  • Increase costs
  • Create legal risks

What it takes:

  • Leverage legal expertise (stay informed about regulatory changes)
  • Engage in policy advocacy
  • Keep compliance in mind far before launching a product

Public acceptance:

Gain consumer trust. Work on customer acceptance. It all directly impacts startup market viability and long-term sustainability.

Why it matters:

Consumer skepticism can lead to:

  • Slow market penetration
  • Reduced investment returns

What it takes:

  • Conduct thorough user testing
  • Focus on customer education
  • Demonstrate the safety and reliability of technologies
  • Offer various perks for early adopters (not a must, but would be pleasant)

Capital riddle:

Mobility tech startups, especially those innovating in electric vehicles and autonomous driving, face a tough road in securing funding. They need big bucks for R&D and setting up infrastructure. Yet, many VCs hold their purses close, concerned about long development timelines and murky regulatory waters.

Why it matters:

Lack of mobility tech venture capital may:

  • Delay product development
  • Hinder business scalability

What it takes:

  • Demonstrate market viability: present the market potential, customer interest, and potential return on investment
  • Craft a strong business plan and a compelling mobility tech pitch deck: clearly outline unique value proposition, business model, and road map for growth
  • Build a strong team: VCs often invest in people as much as in ideas

FAQs

How attractive is the industry to potential mobility tech investors?

Many investors are ready to ride the wave of the future in sustainable and smart transportation.

If you are a mobility tech startup, how easy is it to raise funding today?

Securing funding for a mobility tech startup is akin to navigating a complex road network (a hint: challenging)—be careful while turning and plan your maneuvers beforehand.

How long does it take to create a pitch deck and financial model for a mobility tech startup?

Creating all the documentation typically requires two to three weeks. However, the exact duration may vary depending on the project complexity and the workload of our team.

What are the key mistakes mobility tech startups make in their pitch decks?

Most mobility tech pitch decks lack a persuasive investment storyline and a clear market decision. Plus, the absence of a robust business strategy and proof of progress. Like this, mobility tech venture capitalists don’t get the full picture and may shift their focus to a more promising and urgent project.

How competitive is the mobility tech market?

The mobility tech market is competitive, with a large pool of players, from ambitious startups to established automotive giants.

What services do you provide for investors looking to invest or already investing in mobility tech?

We help mobility tech venture capital firms conduct thorough due diligence on potential mobility tech projects to determine their investment viability. Plus, we offer full-fledged fundraising assistance to the portfolio companies of our partner funds.

Do you provide mobility tech M&A support?

Absolutely! Whether you need help pinpointing M&A perspectives, creating coherent CIMs, or crafting models for buy-side and sell-side deals, we are always at your service.

Do you make intros to mobility tech VCs?

Of course! We help link you up with the right venture capitalists in the mobility tech space. By assessing your project’s team setup, round size, and product, we’ll guide you in partnering with investors throughout the entire deal and beyond.

Do you have available data or research to purchase on the mobility tech market?

Certainly! We offer customized market intelligence services for the mobility tech industry, including comprehensive industry reports, competitor assessments, and extensive market research. Our strategic approach provides you with a substantial advantage. Leveraging data from reliable sources, we ensure you obtain a deep understanding of the mobility tech landscape, encompassing its intricacies, market scope, and competitive dynamics.

Which growth stage of companies have you worked with in the past?

We ensure growth and fundraising guidance to the new market entrants, steering them right from the early pre-seed phase through Series C and beyond.

Start your growth journey with us

Stepping into the mobility tech landscape? We know the way. From end-to-end fundraising support to outsourced M&A guidance and growth blueprinting, Waveup will help you accelerate your journey to success. Drop us your email, and let's talk!

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