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Autonomous Vehicles Update – 2017 Capital Raises

Technological advances for autonomous vehicles are causing meaningful changes in the auto industry. Both financial and strategic investors (i.e OEMs, tech companies, auto suppliers, etc.) are allocating a significant amount of capital to the sector. Over $1 billion was invested in small independent auto tech companies in 2016 – a 91% increase from the previous year, according to CB Insights. Even more is expected for 2017 – see below...

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Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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