Autotech Ventures
Founded in 2013, Autotech Ventures is a venture capital firm based in Menlo Park, California. It manages over $400 million to invest in startups innovating in connected, autonomous, shared, and electrified vehicles, as well as related mobility services. The firm provides capital, industry contacts, market intelligence, talent recruitment support, and fundraising assistance to its portfolio companies.
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Past deals in Ride Sharing
Gridwise
Series A in 2022
Gridwise develops a mobile application for gig economy drivers, empowering them with real-time insights to maximize earnings. Its platform offers demand alerts, passenger data tracking, mileage logging, tax deduction calculation, and performance reporting.
Swvl
Series B in 2019
Founded in 2017, Swvl is a mobility company that offers an app for booking fixed-rate rides on shared buses and vans during peak commute hours. It operates in Egypt, Kenya, Pakistan, Saudi Arabia, and the United Arab Emirates, serving both individual commuters and corporate clients.
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