Global Startup Heat Map highlights 10 Vehicle-to-Everything (V2X) Startups to Watch in 2023
Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, which covers over 3 790 000+ startups & scaleups globally, we identified 352 vehicle-to-everything startups. The Global Startup Heat Map below highlights the 10 vehicle-to-everything startups you should watch in 2023 as well as the geo-distribution of all 352 startups & scaleups we analyzed for this research. Based on the heat map, we see high startup activity in the US and the UK, followed by India. These V2X startups work on solutions ranging from vehicle security to real-time situational awareness and near-field communication (NFC).
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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 Vehicle-to-Everything Innovation Hubs are in Bangalore, New York City, London, New Delhi & Mumbai. The 10 hand-picked startups highlighted in this report are chosen from all over the world and develop solutions for connectivity-as-a-service, software-defined vehicles, automotive electronics, and road safety.
10 Top V2X Startups to Watch in 2023
V2X communication systems enable vehicles to communicate with each other and with infrastructure such as traffic lights and road signs. This technology help improve safety and reduce congestion by providing real-time information to drivers. For this, companies are now using sensor fusion, which combines data from multiple sensors such as cameras, radar, and lidar, to provide a more comprehensive view of the environment. This approach improves the accuracy and reliability of advanced driver assistance systems (ADAS) and autonomous vehicles. The adoption of 5G networks is further enabling faster and more reliable communication between vehicles and infrastructure while supporting new applications such as remote vehicle diagnostics and over-the-air (OTA) software updates. Consequently, V2X enables a more efficient and sustainable transportation system.
- ConnVAS – Intelligent Intersections
- Beam Connectivity – Connected Vehicle-as-a-Service (CVaaS)
- Inchtek – Roadside Unit (RSU) Cybersecurity
- ZettaScale Technology – V2X Communication Protocol
- ElectroKnox – Software-defined Vehicles
- Infrastructure Analytics Company (Infratico) – Infrastructure-to-Everything (I2X) Communication
- Spoke – Crash Prevention
- TanE Wireless – Cellular V2X (C-V2X) On-board Units (OBUs)
- Nabstract – Network-as-a-Service
- HOOVI – Traffic Management
ConnVAS enables Intelligent Intersections
Israeli startup ConnVAS develops an edge computing platform that turns any signalized intersection into an intelligent intersection utilizing the V2X protocol. Its ConnVAS Edge Computing Platform (CECP) analyzes real-time data from cameras and traffic controllers while leveraging AI to detect traffic objects. CECP synchronizes with the traffic controller and generates alarms or manipulates traffic controller behavior in response to complex traffic scenarios. Further, its V2X-based transceivers offer alerts for connected vehicles, 5G mobile phone users, and crosswalk users such as pedestrians, bicycle riders, scooters, etc. This way, CECP improves collision avoidance, traffic flow management, and pedestrian safety. Additionally, the system saves videos of traffic felonies on the crosswalk without compromising location privacy rules. Emergency responders and smart city authorities use this system to reduce traffic incidents at junctions and increase intersection efficiency.
Beam Connectivity provides Connected Vehicle-as-a-Service
UK-based startup Beam Connectivity offers a plug-and-play automotive connectivity platform as a service. It combines hardware, software, cloud, and cellular services to connect vehicles with IT infrastructure and smartphone applications. The platform also features telemetry ingestion, machine learning (ML) analytics, over-the-air software updates, and remote configuration. This enables connected vehicle manufacturers to build new service models based on vehicle connectivity and accelerate time-to-market. Moreover, the startup’s CVaaS equips logistic and transportation companies to utilize vehicle data for fleet performance visualization, prognostic testing, and delivering vehicle instructions.
Inchtek enhances Roadside Unit Cybersecurity
Chinese startup Inchtek provides information security for smart networked vehicles, RSU, electronic control units (ECUs), and other internet of vehicle infrastructure components. Its Intelligent Transportation RSU Information Security solution for RSUs and charging piles utilizes an intrusion detection and prevention system (IDPS) and security operation center. IDPS is an embedded smart car intrusion detection and defense system that provides a network firewall, deep packet inspection, and abnormal behavior detection. Inchtek’s security operation center utilizes data from IDPS to improve security situational awareness, threat intelligence, OTA asset management, and emergency response. This empowers city infrastructure authorities and smart vehicle owners to actively detect and protect networked autonomous driving assets.
ZettaScale Technology builds a V2X Communication Protocol
French startup ZettaScale Technology builds Zenoh DDS, which provides publish/subscribe (pub/sub), geo-distributed storage, and query protocols for heterogeneous systems. Zenoh DDS simplifies cloud-to-device communication by unifying data in motion, at rest, and computations from embedded microcontrollers. It supports peer-to-peer, brokered, and routed communication topologies as well as delivers high throughput and ultra-low latency performance for any network technology. This way, the startup’s application programming interfaces (APIs) bring scalability as well as power, resource, and memory efficiency in low-power networks. Moreover, ZettaScale facilitates real-time visibility monitoring by extending V2X and on-device autonomous driving interactions with their environments.
ElectroKnox enables Software-defined Vehicles
US-based startup ElectroKnox provides a hardware and cloud-agnostic vehicle digitalization solution. It comprises communications software and modular configurable computer hardware that enables seamless data transfer between vehicles and external sources. The startup’s software offers customizable and scalable integration with any original equipment manufacturer’s (OEM) existing systems and simplifies electrical/electronic (E/E) architecture. OEMs in automotive and heavy industries use ElectroKnox’s solution to collect, manage, and analyze vehicle data and improve production efficiency.
Infrastructure Analytics Company facilitates Infrastructure-to-Everything Communication
US-based startup Infrastructure Analytics Company (Infratico) creates a hybrid radio-frequency identification (RFID) wireless system to facilitate I2X communications. These RFIDs devices are embedded in the civil infrastructure to offer efficient and secure communication with low power consumption. Through its solution, Infratico enhances autonomous and semi-autonomous vehicle support and structural health monitoring while enforcing new guidelines and checkpointing standards. Moreover, the startup’s solution offers a substitute system when geo-navigation signals are unavailable and prevent tampering with infrastructural landmarks like traffic signs. This allows city authorities and transport departments to economically integrate I2X communication for autonomous and connected vehicle support.
Spoke improves Crash Prevention
US-based startup Spoke builds a connected internet of things (IoT) platform to offer mobility connectivity solutions between VRUs and vehicles. Its VRU2X system utilizes cellular V2X, LTE/5G, and camera systems for increased situational awareness and vehicle connectivity. The C-V2X connectivity equips the VRUs and connected motor users with direct, low-latency communication, providing contextual awareness. The LTE/5G and cameras respectively improve alerting as well as vehicle identification and visualization. VRU2X thus reduces crashes and incident-related congestion while ensuring location accuracy through direct communication between VRUs and vehicles.
TanE Wireless builds C-V2X On-board Units
Taiwanese startup TanE Wireless develops TanE C-V2X 01, an OBU for ADAS and autonomous driving. It collects vehicle environment data using radars, LIDARs, cameras, and ultrasound to relay this information using C-V2X. The OBU provides precise positioning, advances the internet of vehicles using narrowband IoT (NB-IoT), and enables level 4 and 5 autonomy. It also supports cross-traffic alerts, emergency braking, lane departure warnings, collision avoidance, adaptive cruise control, pedestrian detection, and blind spot detection, among others. The startup’s device thus facilitates low-latency vehicle-to-vehicle (V2V), V2I, V2P, and vehicle-to-network (V2N) connectivity to enhance in-vehicle experiences.
Nabstract offers Network-as-a-Service
Indian startup Nabstract develops a network-as-a-service platform that leverages 5G mobile networks to provide intent-based network APIs. It supports partner management, device management and monitoring, a rule engine for automated service-request triggers, and an analytics engine for insight generation. Further, the platform includes components for operations, network exposure function (NEF), and common API frameworks (CAPIF), among others. Telcos, vertical platform developers, enterprises, and cloud companies use Nabstract’s platform to build customized connectivity solutions. At the same time, connected mobility providers leverage the platform to integrate 5G capabilities into their service requirements and improve performance.
HOOVI facilitates Traffic Management
German startup HOOVI creates Metastreet, an I2X platform for traffic information and management. It utilizes IoT beacons with sensors to detect dynamic dangers in road traffic and other environments. The platform also uses NFC tags to digitize traffic signs. This way, Metastreet monitors road infrastructure to reduce congestion, accidents, and pollution, as well as provides danger spot alerts. Road infrastructure operators, road users, and vehicles use the platform to cost-effectively digitize road infrastructure and get important traffic and road infrastructure information.
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 2023!
