Innovations in AI transform the automotive industry by ensuring safer, more efficient, and autonomous vehicles. For instance, integrating AI into advanced driver-assistance systems (ADAS). AI algorithms analyze real-time data from sensors, cameras, and radar systems to detect and interpret road conditions, objects, and potential hazards. This enables ADAS to provide features like lane departure warnings, adaptive cruise control, and automatic emergency braking, enhancing vehicle safety. Further, AI plays a crucial role in autonomous driving. Machine learning algorithms enable vehicles to learn from vast amounts of data and make intelligent decisions based on complex scenarios. This technology allows self-driving cars to perceive the environment better, navigate traffic, and respond dynamically to situations. AI also utilizes natural language processing (NLP) and voice recognition for in-car assistants, enhancing the driver’s experience and enabling hands-free interaction. Let’s meet 20 of the most innovative automotive AI startups furthering these technologies in 2024 and beyond!
20 Automotive AI Startups to Watch (2024)
- SKAIVISION – Automotive Video Intelligence
- JuiceServe – EV Computer Vision Platform
- Mapless AI – Remote Car Operations
- Revv – AI-powered ADAS Calibrations
- LoopX – Autonomous Mining Vehicle Operation
- Ambro – AI-driven Car Damage Inspection
- Pooly – AI-based Carpooling
- VisionRD – Automobile Quality Inspection
- Alpha AI – AI-powered Auto Insurance
- Strada Routing – Truck Shipment Routing
- FocalX – Touchless Vehicle Inspections
- mmmint.ai – Digital Car Workshop
- Artificient Mobility Intelligence – AI-integrated Vehicle Telematics
- Etechstars – AI-Controlled Autonomous Vehicles
- Hello Llama – Micromobility Safety
- eNeural Technologies – Advanced Driver Assistance Systems (ADAS)
- Vidyuth Power – AI-led Electric Vehicle (EV) Charging Platform
- KasperTech – Smart Urban Mobility Solutions
- Yaak – Virtual Reality (VR)-based Driving Training
- Sortie Technology – Autonomous Aerial Vehicles
Global Startup Heat Map highlights 20 Automotive AI Startups to Watch
Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, which covers over 3 790 000+ startups & scaleups globally, we identified 464 automotive AI startups. The Global Startup Heat Map below highlights the 20 automotive AI startups you should watch in 2024 as well as the geo-distribution of all automotive AI startups & scaleups we analyzed for this research.
Based on the heat map, we see high startup activity in the USA, followed by the UK and India. These automotive AI startups work on solutions ranging from touchless vehicle inspection and advanced vehicle telematics to AI-integrated autonomous vehicles and assisted driver training.
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As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant technologies and industry trends quickly & exhaustively. Based on the data from the platform, the Top 5 Automotive AI Startup Hubs are in London, Bangalore, New York City, San Fransisco & Berlin. The 20 hand-picked startups highlighted in this report are chosen from all over the world and develop solutions for inspection, maintenance, vehicle monitoring, and autonomous systems.
Meet 20 Automotive AI Startups to Watch (2024)
SKAIVISION provides Automotive Video Intelligence
USA-based startup SKAIVISION develops a deep-learning AI platform that transforms standard automotive video footage into valuable insights. This platform improves operational transparency by enabling real-time analysis of activities and processes. It validates employee performance, recognizes commendable behaviors, and provides immediate alerts derived from video data.
The startup’s system further refines sales and service transactions by eliminating inefficiencies and accurately evaluating transaction durations. It also enhances security protocols, identifies fraudulent activities, and assists in investigating incidents. SKAIVISION’s technology improves the customer experience in auto dealerships, supporting management in making data-driven decisions for efficiency and profitability.
JuiceServe develops EV Computer Vision Platform
USA-based startup JuiceServe builds a computer vision automation platform for EV operations. It enables charging for individual drivers and fleets and eliminates the need for cards or apps. The platform offers an automatic charging feature that identifies approaching vehicles and initiates the charging process remotely.
The startup also provides features like Juice Fleet for EV fleet charging management and Juice Pay for EV charging payments. JuiceServe’s technology offers benefits to charge point operators, including an enhanced customer experience and access to comprehensive site analytics.
Mapless AI enables Remote Car Operations
Mapless AI, a USA-based startup, develops a technology that enables remote control of vehicle operations. This technology allows fleet vehicles to function independently of the driver’s physical location, thereby enhancing fleet efficiency and tapping into new labor pools.
The startup’s safety system ensures the protection of the fleet asset and operates independently of network connectivity. This solution is designed for integration with existing fleets and does not require any permanent modifications to the vehicles. Furthermore, Mapless AI offers a Dispatch-as-a-Service model, which utilizes trained remote operators for on-demand dispatch of fleet vehicles.
Revv performs AI-powered ADAS Calibrations
Revv, a USA-based startup, provides RevvADAS, an AI-powered advanced driver assistance systems (ADAS) calibration identification platform. This platform automates ADAS research and increases efficiency and profitability for repair shops. It enables quick and precise identification of necessary calibrations.
RevvADAS 360 offers a range of features including one-click calibration reports, instant vehicle equipment identification, and comprehensive vehicle coverage. It also provides custom invoicing and white-label report options to align with specific business needs. The startup’s platform supports a wide range of vehicle models and integrates with estimating software, thereby enhancing business processes.
LoopX facilitates Autonomous Mining Vehicle Operation
Canadian startup LoopX develops an autonomous operation system (AOS) that integrates multiple technologies for autonomous mining vehicle operation. This system includes comprehensive perception with 360-degree coverage. It also enables precise positioning in GPS-denied environments and scenario-based decision-making for complex situations.
AOS enhances operational efficiency and safety, allowing for remote management of mining operations from above-ground centers. Further, the startup’s algorithms and sensors are tailored for challenging underground environments. This promotes more intelligent and efficient mining operations.
Ambro advances AI-driven Car Damage Inspection
Bulgarian startup Ambro develops an automated application that utilizes AI to detect vehicle damage and provide accurate claim cost estimations. These estimations are directly filed with insurance companies, thereby streamlining the claims process. The application’s key features include real-time claim assistance, fraud detection, and integration with automotive part catalogs. These features enhance the efficiency of claims departments worldwide and enable policyholders to file claims independently and expediently.
Pooly supports AI-based Carpooling
Turkish startup Pooly offers a ride-sharing application connecting individuals traveling on identical routes. The application integrates AI technology, including poolyAI, poolyMAP, and poolyROUTE. The poolyAI leverages AI to discern user routines, generating user-specific recommendations. Whereas, poolyMAP monitors the city in real-time, encouraging driving to areas experiencing immediate transportation difficulties. Further, poolyROUTE, a routing algorithm, offers alternative routes to users and makes transfers. The application provides flexibility for users to choose between being a driver or a passenger, facilitating cost-effective and social transportation.
VisionRD automates Automobile Quality Inspection
Pakistani startup VisionRD provides InspectionAI, a solution that automates manual quality inspection in automobile and manufacturing sectors. The system employs cameras and AI for real-time quality inspection of parts. It assists in identifying defects and their root causes.
The platform encompasses features such as a Quality Inspector Dashboard, which provides daily inspection insights. Further, the Executive Dashboard offers a comprehensive view of defects and associated revenue losses. Additionally, the AI models incorporated in the system undergo continuous improvement, ensuring the platform remains at the forefront of quality inspection technology.
Alpha AI supports AI-powered Auto Insurance
Hong Kong-based startup Alpha AI leverages AI algorithms to build a system that accesses car damage after an accident. The technology allows capturing images of the damage, which are analyzed by the AI to generate accurate repair cost estimates. The app also offers an electronic settlement agreement for both drivers to sign and share. This system simplifies the entire process, from identifying the damage to obtaining quotes from repair centers. Alpha AI expedites auto insurance claims, enhances accuracy, and improves user experience.
Strada Routing automates Truck Shipment Routing
Strada Routing, a USA-based startup, develops an AI-powered platform that designs and prices unparalleled routes, considering real-world constraints. The platform provides tailored routes and rate forecasts based on fleet specifications, saving time for carriers and shippers.
It identifies suitable shippers, designs a load bundle that minimizes deadhead, dwell time, and costs and uses real-time data to predict the bid, time, and costs of the route. Once a route is vetted and priced, carriers accept the job and receive timely payment. The route is then converted to Google Maps directions for easy navigation. The startup’s platform ensures minimal cost, dealings with trustworthy shippers at high rates, and timely payment for carriers.
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FocalX enables Touchless Vehicle Inspections
Danish startup FocalX leverages touchless vehicle inspection technology to automate and optimize car handling and fleet maintenance. It leverages AI-enabled software to detect damages and ensures transparency in accidental claims. The software automatically detects damages and provides complete damage descriptions for remote inspections. It also has a 360-degree guided capture feature that allows drivers to scan vehicle damage by walking around and taking multiple images. FocalX’s AI algorithms cater to vehicle owners and provide autogenerated damage reports, reducing inspection costs.
mmmint.ai offers a Digital Car Workshop
German startup mmmint.ai offers digital solutions for managing vehicle accidental damage reports. It provides mr fictitious, an AI-powered digital platform for the settlement of insurance claims without visiting the workshop. Also, the platform digitizes vehicle licenses using object detection and optical character recognition (OCR) that enables automatic tracking of vehicle tickets. Additionally, mmmint.ai features CrashBot, an AI-enabled chatbot to help virtually after accidents and provide driver and vehicle assistance.
Artificient Mobility Intelligence makes AI-integrated Vehicle Telematics
Artificient Mobility Intelligence is a German startup that develops smart mobility solutions. The startup’s solution utilizes computer vision to provide real-time driving insights through edge processing. It features traffic sign detection and road risk assessment as well as offers frontal collision and lane departure warnings to prevent accidents. Additionally, the solution provides cloud-based digital twin-driver profiling and crash detection for a safer mobility experience. This advanced driving assistance enables drivers and insurance companies to ensure safer driving and minimize claim costs.
Etechstars manufactures AI-Controlled Autonomous Vehicles
Indian startup Etechstars manufactures AI-controlled self-driving vehicles for a safe and autonomous mobility experience. It combines sensors, AI, and machine learning to detect and interpret the surroundings to make autonomous driving decisions. The solution runs on a global positioning system (GPS) and high-definition maps to provide location and route information. The startup’s vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication thus improve road safety and efficiency.
Hello Llama improves Micromobility Safety
Hello Llama is a US-based startup that creates software solutions for rider safety. It offers Active Safety Halo, an integration of a sensor fusion system and AI-based software to monitor and communicate with the traffic environment. This enables emergency braking through pedestrian detection and front and rear collision avoidance. It also detects traffic signs, blind spots, and sidewalks to provide parking assistance. Hello Llama caters to drivers and automobile industry professionals by providing smart micro-mobility solutions.
eNeural Technologies develops Advanced Driver Assistance Systems
eNeural Technologies is a Taiwanese startup that develops automotive AI intellectual property (IP) design and service solutions. Its ADAS utilizes sensors and cameras to detect obstacles and driver errors to respond in real time. The ADAS also uses deep learning for lane departure warning systems (LDWS) and front collision warning systems (FCWS). This allows vehicles to detect the status of approaching traffic and make autonomous driving decisions. With self-learning AI models, eNeural Technologies helps automotive manufacturers to develop smart and safe urban mobility solutions.
Vidyuth Power offers an AI-led EV Charging Platform
Indian startup Vidyuth Power provides EV charging stations and chargers to establish charging networks. It offers an AI charging platform to optimize EV charging by connecting utilities, businesses, organizations, charging stations, and drivers. The platform allows reviewing of real-time electricity usage and performance data to provide infrastructural insights. Vidyuth Power caters to hotels, last-mile delivery partners, fleet operators, and commercial workplaces by providing EV charging facilities.
KasperTech provides Smart Urban Mobility
KasperTech is an Indian startup that leverages the Internet of Things (IoT) and AI to bring automation to automobiles and smart cities. Its solution UltraviZ is an AI-based real-time road surveillance system for the detection and reporting of accidents. The startup also offers Luminox, an IoT-powered street light controlling system to allow remote management and maintenance of lights. KasperTech’s solutions help detect traffic violations automatically and report them to authorities, enabling smarter and safer urban mobility.
Yaak enables VR-based Driving Training
German startup Yaak provides VR simulation solutions for driving schools and students. Its platform converts EVs into learning devices by using AI and multiple 360-degree camera setups installed indoors and outdoors. The solution improves skills on real routes and allows learners to practice in difficult driving scenarios for experience enhancement, improving training in driving schools.
Sortie Technology manufactures Autonomous Aerial Vehicles
Sortie Technology is an Italian startup that makes autonomous vehicles for aerial transportation. It manufactures RUAV-724 and RUAV-A, AI-enabled aerial vehicles with advanced takeoff and landing for flexible deliveries. The solutions allow long and short-range deliveries serving just-in-time (JIT) logistics, emergency deliveries, and aerial inspections. Advanced aviation and launch control, along with the startup’s smart avionics systems offer stable and faster cargo transportation.
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 & emerging solutions that will impact your company in 2024!
