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Top 13 Autonomous Vehicles Unicorns in 2024

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Have you ever wondered which private companies in the Autonomous Vehicles industry have the highest valuations?

You’re not alone.

There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 13 Autonomous Vehicles unicorn startups, from highest to lowest valuation.

13 Autonomous Vehicles Unicorns Companies

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1) ZongMu Technology

ZongMu Technology

Zongmu Technology is a Chinese self-driving tech firm.

Details of the startup:

  • Valuation: $11.40B (June 2021)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2013
  • Founders: Rui Tang
  • Number of employees: 10-50
  • Funding: $210.83M
  • Funding rounds: 4
  • Number of investors: 11

You can find their website here.

2) Nuro

Nuro

Nuro develops and operates a fleet of autonomous vehicles that operate 24/7 to safely deliver goods to their destinations efficiently.

Details of the startup:

  • Valuation: $8.60B (February 2019)
  • Country: United States
  • State: California
  • City: Mountain View
  • Started in: 2016
  • Founders: Dave Ferguson, Jiajun Zhu
  • Number of employees: 1,000-5,000
  • Funding: $2,132.00M
  • Funding rounds: 6
  • Number of investors: 12

You can find their website here.

3) Pony.ai

Pony.ai

Pony.ai is revolutionizing the autonomous vehicle sector by providing a high-quality experience that surpasses its competitors.

Details of the startup:

  • Valuation: $8.50B (July 2018)
  • Country: United States
  • State: California
  • City: Fremont
  • Started in: 2016
  • Founders: James Peng, Tiancheng Lou
  • Number of employees: 250-500
  • Funding: $1,093.00M
  • Funding rounds: 7
  • Number of investors: 28

You can find their website here.

4) Horizon Robotics

Horizon Robotics

Horizon Robotics Limited is a world leader in artificial intelligence (AI) computing for smart mobility, providing scalable solutions that power the future of automated driving systems.

Details of the startup:

  • Valuation: $5.00B (February 2019)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2015
  • Founders: Annie Tao, Chang Huang, Kai Yu, Ming Yang
  • Number of employees: 250-500
  • Funding: $253.02M
  • Funding rounds: 9
  • Number of investors: 43

You can find their website here.

5) WeRide

WeRide

WeRide is developing and commercializing advanced software and hardware technologies for self-driving cars.

Details of the startup:

  • Valuation: $4.40B (December 2020)
  • Country: China
  • State: Guangdong
  • City: Guangzhou
  • Started in: 2017
  • Founders: Qing Lu, Tony Han, Yan Li
  • Number of employees: 500-1,000
  • Funding: $789.00M
  • Funding rounds: 9
  • Number of investors: 26

You can find their website here.

6) Applied Intuition

Applied Intuition

Applied Intuition provides the technologies and process to safely advance the development, testing, and deployment of autonomous vehicles.

Details of the startup:

  • Valuation: $3.60B (October 2020)
  • Country: United States
  • State: California
  • City: Mountain View
  • Started in: 2017
  • Founders: Peter Ludwig, Qasar Younis
  • Number of employees: 100-250
  • Funding: $340.00M
  • Funding rounds: 6
  • Number of investors: 19

You can find their website here.

7) BYTON

BYTON

BYTON is a global company that designs, develops, and markets smart connected electric vehicles.

Details of the startup:

  • Valuation: $2.50B (April 2018)
  • Country: China
  • State: Jiangsu
  • City: Nanjing
  • Started in: 2016
  • Founders: Carsten Breitfeld, Daniel Kirchert
  • Number of employees: 1,000-5,000
  • Funding: $330.93M
  • Funding rounds: 5
  • Number of investors: 9

You can find their website here.

8) Hesai Tech

Hesai Tech

Hesai has designed the first fully-autonomous radar based on laser-microwave technology that accurately detects moving obstacles and recognizes static obstacles with the highest accuracy.

Details of the startup:

  • Valuation: $2.18B (August 2020)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2013
  • Founders: Kai Sun, Shaoqing Xiang, Yifan Li
  • Number of employees: 500-1,000
  • Funding: $717.29M
  • Funding rounds: 9
  • Number of investors: 18

You can find their website here.

9) Einride

Einride

Einride is an electric and autonomous freight tech company that designs and develops technologies for transportation systems.

Details of the startup:

  • Valuation: $1.44B (December 2021)
  • Country: Sweden
  • City: Stockholm
  • Started in: 2016
  • Founders: Filip Lilja, Linnea Kornehed, Robert Falck
  • Number of employees: 100-250
  • Funding: $150.82M
  • Funding rounds: 7
  • Number of investors: 15

You can find their website here.

10) UISEE Technology

UISEE Technology

UISEE provides leading-edge products on autonomous driving and transformative services on mobility on demand.

Details of the startup:

  • Valuation: $1.08B (January 2021)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2016
  • Founders: Gansha Wu, Yan Jiang
  • Number of employees: 100-250
  • Funding: $2,700.97M
  • Funding rounds: 5
  • Number of investors: 11

You can find their website here.

11) Divergent

Divergent

Divergent is a company that is working to reform industrial-scale manufacturing by creating an end-to-end digital production system.

Details of the startup:

  • Valuation: $1.00B (April 2022)
  • Country: United States
  • State: California
  • City: Torrance
  • Started in: 2013
  • Founders: Kevin Czinger
  • Number of employees: 101-250
  • Funding: $428.00M
  • Funding rounds: 5
  • Number of investors: 16

You can find their website here.

12) Banma Network Technologies

Banma Network Technologies

Banma Network Technologies is a next-generation automotive technology company that offers the first standard operating system for cars, the AliOS.

Details of the startup:

  • Valuation: $1.00B (September 2018)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2015
  • Founders: Alex Shi
  • Number of employees: 100-250
  • Funding: $11.54M
  • Funding rounds: 2
  • Number of investors: 6

You can find their website here.

13) Momenta

Momenta

Momenta specializes in autonomous vehicle software that manages the interaction between transportation infrastructure and connected vehicles.

Details of the startup:

  • Valuation: $1.00B (October 2018)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2016
  • Founders: Gang Sun, Shaoqing Ren, Xudong Cao, Yan Xia
  • Number of employees: 250-500
  • Funding: $171.05M
  • Funding rounds: 12
  • Number of investors: 23

You can find their website here.

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