The autonomous vehicle sector is attracting major investment from around the world. Companies are developing self-driving technology for everything from public transport to freight.
Companies like Waymo have attracted significant capital, raising over $11 billion for self-driving car services. Others, such as Sweden's Einride, are focusing on specific uses like autonomous and electric shipping.
Below is our list of 89 Autonomous Vehicles startups worth keeping an eye on.
Failory's Top 10 Picks
Tool
Fundraising OS
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Sheet
2,189 Accelerators & Incubators
Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Sheet
1,600+ Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50Sheet
250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50May Mobility designs and deploys autonomous vehicle technology for use in public transportation. Their fleets of self-driving shuttles provide communities with safe, accessible, and reliable transit options.
| Headquarters | Ann Arbor, Michigan, United States |
| Year Founded | 2017 |
| Founders | Alisyn Malek, Edwin Olson, Steve Vozar |
| Funding Amount | $309.6M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Y Combinator, SV Angel, Liquid 2 Ventures, Toyota Motor, Palm Drive Capital |
Zoox builds fully autonomous, all-electric vehicles from the ground up specifically for ride-hailing services in cities. Their approach to mobility-as-a-service reimagines transportation to be safer, cleaner, and more enjoyable for passengers.
| Headquarters | Foster City, California, United States |
| Year Founded | 2014 |
| Founders | Jesse Levinson, Tim Kentley Klay |
| Funding Amount | $1B |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Convertible Note |
| Top Investors | Lux Capital, Blackbird Ventures, IDG Capital, Employee Stock Option Fund, Threshold |
Einride builds a freight technology platform for shippers, providing digital, electric, and autonomous transportation. Their system coordinates a fleet of connected electric trucks, some fully autonomous, to make shipping more sustainable and efficient.
| Headquarters | Stockholm, Stockholms Lan, Sweden |
| Year Founded | 2016 |
| Founders | Filip Lilja, Linnéa Kornehed, Robert Falck |
| Funding Amount | $752.3M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Plug and Play, Temasek Holdings, EQT Ventures, Northzone, IonQ |
Wayve develops embodied AI software for self-driving vehicles that learns directly from real-world driving data. This learning-based model is designed to scale across new cities and vehicle types, a significant shift from traditional autonomous driving systems.
| Headquarters | London, England, United Kingdom |
| Year Founded | 2017 |
| Founders | Alex Kendall, Amar Shah, Jeff Hawke |
| Funding Amount | $1.3B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Grant |
| Top Investors | NVIDIA, Microsoft, Eclipse Ventures, Uber, Bossa Invest |
Waymo builds the technology behind fully autonomous vehicles, aiming to make it safer for people and things to get around. Their ride-hailing service, Waymo One, allows the public to experience completely driverless transportation.
| Headquarters | Mountain View, California, United States |
| Year Founded | 2009 |
| Founders | Anthony Levandowski, Sebastian Thrun |
| Funding Amount | $11.1B |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Andreessen Horowitz, Temasek Holdings, Tiger Global Management, Fidelity, Alphabet |
FERNRIDE builds a ground autonomy platform that makes yard and port trucks both autonomous and electric. The system allows vehicles to drive themselves but also enables remote human operators to take control, solving for complex situations and the current driver shortage.
| Headquarters | Munich, Bayern, Germany |
| Year Founded | 2019 |
| Founders | Hendrik Kramer, Jean-Michael Georg, Maximilian Fisser |
| Funding Amount | $82.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Speedinvest, 10x Founders, Munich Re Ventures, Fly Ventures, Promus Ventures |
Forterra builds autonomous systems that give ground vehicles self-driving capabilities for defense and industrial use. The company's technology is often retrofitted onto existing fleets, allowing them to operate in complex and unstructured environments.
| Headquarters | Clarksburg, Maryland, United States |
| Year Founded | 2002 |
| Founders | Alberto Lacaze, Karl Murphy |
| Funding Amount | $411.3M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Undisclosed |
| Top Investors | XYZ Venture Capital, Luminar, SoftBank Vision Fund, Crescent Cove Advisors, Enlightenment Capital |
Tier IV created Autoware, the world's first open-source software for autonomous driving. They provide this full-stack solution to help commercialize intelligent vehicles for applications in logistics and public transport.
| Headquarters | Tokyo, Tokyo, Japan |
| Year Founded | 2015 |
| Founders | Shinpei Kato |
| Funding Amount | $457.8M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Mitsubishi Corporation, Sony Innovation Fund, UTEC - The University of Tokyo Edge Capital Partners, JAFCO, KDDI |
Avride is building a fleet of autonomous vehicles for ride-hailing and robotic delivery services. By developing the technology and operating the fleet themselves, they aim to create a safer and more efficient transportation system.
| Headquarters | Austin, Texas, United States |
| Year Founded | 2022 |
| Founders | Arkady Volozh, Dmitry Polishchuk |
| Funding Amount | $475M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | — |
Waabi is pioneering an AI-first approach to self-driving technology, starting with the commercial trucking industry. Their system uses a high-fidelity simulator to train its autonomous driver, aiming to accelerate the safe and scalable deployment of self-driving trucks.
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 2021 |
| Founders | Raquel Urtasun |
| Funding Amount | CA$375M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | NVIDIA, Khosla Ventures, Radical Ventures, 8VC, HarbourVest Partners |
79 Additional Autonomous Vehicles Startups Worth Following
Our top picks are just a small sample of the activity happening in this space. Founders have collectively raised billions to tackle challenges in self-driving software and electric mobility.
You'll find a mix of companies, from young teams just getting started to more established players scaling up. Here’s a look at the rest of the startups shaping the autonomous vehicle world.