Auto Tech - Startups are on track for annual highs in both deals and dollars

2016 Summary for Autotech Industry:

  • Investments into the Auto Tech industry is on pace to break annual records.
  • So far in 2016 YTD (13/07/2016), investors have provided $450M of funding to auto tech companies.
  • According to CB Insights, funding is projected to be $847M for 2016 compared to $478M for the whole of 2015.
  • There have been 36 deals year to date.
  • According to CB Insights, deals are projected to be 68 for 2016 compared to 58 for the whole of 2015.