Snapshots

Silicon Valley received 55% of global VC funding for autonomous vehicle companies year-to-date

There are 60 autonomous vehicle companies headquartered in Silicon Valley, and another 32 in San Francisco

August 07, 2019
  • There are 60 autonomous vehicle companies headquartered in Silicon Valley, and another 32 in San Francisco.  A vast majority of VC funding in this industry through the first half of the year was concentrated in Silicon Valley ($1.2 billion).
  • Since the start of 2019, Nuro received the largest amount of venture funding globally within the autonomous vehicle industry, with $940 million dollars in Series B funding. 
  • Out of the $2.2 billion dollars in venture funding for autonomous vehicles globally, Silicon Valley received nearly 55% of all funding, reflecting the strength of investment and innovation in the Valley. 
  • Aurora recently signed a lease for 111,000 square feet in Mountain View relocating from Palo Alto.

Sources: Crunchbase, JLL Research

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