Top mobility VCs discuss their current investment strategies
Automotive companies are significantly looking outside the manufacturing sector to sustain growth, and companies that utilized to bank on offering cars are now developing movement apps, scooters, and membership services. We surveyed leading VCs in the movement sector to see where they’re putting their money, and one thing quickly ended up being apparent– investors are moneying start-ups that bring connection to movement. Now, I am more convinced than ever that there is a 10-figure opportunity for a new navigation app– it’s one of the few/only transportation-related apps on everyone’s home screen.
Automotive companies are significantly looking outside the manufacturing sector to fuel growth, and business that used to bank on offering lorries are now constructing movement apps, scooters, and subscription services. We surveyed top VCs in the mobility sector to see where they’re putting their cash, and one thing rapidly became obvious– financiers are funding start-ups that bring connectivity to mobility. We invest in start-ups that make transport much safer, cleaner, and more accessible. Now, I am more convinced than ever that there is a 10-figure opportunity for a new navigation app– it’s one of the few/only transportation-related apps on everybody’s house screen. Every as soon as in a while, you will find an OEM with an alternative method that does not invest in supporting their products, however these are quite rare.