Thousands of new startups are founded every year – emerging companies with the potential to disrupt the automotive industry. To give you a head-start on emerging technologies and startups that will impact the automotive sector in 2022, we analyzed a total of 2 373 global automotive startups & scaleups. Meet 5 of the most promising startups to watch!
Global Startup Heat Map highlights 5 Automotive Startups to Watch in 2022
Out of 2 373, the 5 automotive startups to watch are chosen through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 2 093 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant startups, emerging technologies & future industry trends quickly & exhaustively.
The Global Startup Heat Map below highlights the 5 automotive startups you should watch in 2022 as well as the geo-distribution of the other 2 368 startups & scaleups we analyzed for this research. We hand-picked the 5 highlighted automotive startups based on our data-driven startup scouting approach, taking into account factors such as location, founding year, the relevance of technology, and funding, among others.
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Minus Zero designs Electric Autonomous Vehicles
Founding Year: 2020
Location: Bengaluru, India
Use for: Autonomous Mobility, Shared Mobility
Minus Zero is an Indian startup that develops level-5 autonomous electric vehicles. The startup combines nature-inspired artificial intelligence with edge computing that is less dependent on expensive sensor suites. Moreover, its driverless technology does not rely on lane marking for road mapping, ensuring accurate detections even on rough roads. The computer-vision-enabled edge hardware also allows higher frame rates for object detection and segmentation. As a result, the startup’s customers get access to sustainable and risk-free convenient mobility. This is critical in improving air quality and reducing greenhouse gas (GHG) emissions worldwide. At the same time, the level 5 autonomy ensures the safety of the vehicle owners and other travelers who share the road, reducing accidents due to driver negligence.
SafePoint GPS enables Connected Car Protection
Founding Year: 2019
Location: Cypress, Texas, USA
Use for: Car Theft Protection, Location Tracking
US-based startup SafePoint GPS advances theft protection for connected cars. The startup’s smartphone app allows users to track the live location of their vehicles using the Global Positioning System (GPS). SafePoint GPS smartphone app also provides vehicle health status along with notifications upon events like low battery, speeding, unauthorized motion, and low fuel, among others. This enables 24/7 vehicle security and stolen vehicle recovery assistance. In addition, SafePoint GPS significantly improves the security of a connected car through geofencing and promptly identifying unauthorized movements. SafePoint GPS provides vehicle owners with real-time car health awareness while reducing insurance costs.
sun2wheel provides Electric Vehicle Charging Stations
Founding Year: 2020
Location: Obernau, Germany
Use for: EV Charging Systems, Grid-Independent EV Charging
German startup sun2wheel develops smart charging and storage stations for EV charging at homes, apartments, and small & medium-sized enterprises (SME). The startup combines photovoltaic (PV) systems, battery storage, monodirectional and bidirectional charging solutions as well as a load management system to decouple EV charging from the grid. In addition, sun2wheel directly handles the maintenance of the charging system. Consequently, it enables EV and fleet owners to establish their own charging infrastructure, which reduces fuel costs. Besides, the standalone and modular sun2wheel ecosystem facilitates the transition into electromobility. This further allows property and business owners to generate revenue, increase footfall, and promote sustainability.
OTTOSEC offers Automotive Cyber Security-as-a-Service
Founding Year: 2020
Location: Zikhron Ya’akov, Israel
Use for: Automotive Cybersecurity
OTTOSEC is an Israeli startup that provides cyber security-as-a-service for the automotive sector as after-market installations and original equipment manufacturer (OEM) integrations. The startup’s low-cost, standalone, in-vehicle hardware device offers a stateful CANBUS firewall that identifies and prevents damage from cyberattacks. Moreover, the solution is managed centrally using a network security center. This, in turn, allows manufacturers and vehicle owners to ensure the safety of their automotive electronic systems, especially in a connected ecosystem. As a result, OTTOSEC significantly reduces the chances of car theft as well as telematics malfunctions and misconfigurations. Apart from OEMs, it also serves manufacturers of electronic control units (ECU), infotainment systems, alarms, smart terminals, and vehicle-to-everything (V2X) units.
eveho facilitates Automotive eCommerce
Founding Year: 2020
Location: Bordeaux, France
Use for: Automotive eCommerce Management, Customer Relations
French startup eveho develops an online platform for automotive eCommerce management. The startup’s solution integrates tools to track commercial activities, control stocks, manage eCommerce websites, and create promotional offers. This allows used vehicle dealers to streamline operations and organize activities to improve customer experience. Besides, eveho’s platform facilitates the digitization of automotive distribution. This is a critical aspect, primarily during the COVID-19 pandemic, to enhance customer safety and convenience while personalizing their experience. The startup’s extensive customer handling tools, in turn, allow businesses to track and record customer calls as well as automate appointment scheduling based on car stock and calendar events.
Discover All Emerging Automotive Startups
The automotive startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Automotive Innovation Report for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies and emerging solutions that will impact your company in 2022!
