Scaling a self-driving vehicle or electric vehicle startup often requires eye-popping capital that only hedge funds, strategic venture capital arms and institutional investors have the appetite and funds for. .

Over the past two years, these capital needs have prompted dozens of mobility startups to turn to the public markets or deep-pocketed hedge funds and the venture arms of automakers and suppliers. Arrival, Canoo, Faraday Future, Lucid Group, Luminar Technologies and Nikola are just a few of the companies that have gone public via mergers with special purpose acquisition companies, while Rivian and TuSimple have gone the traditional route of IPO. Other startups, perhaps not ready for this step, have turned to GM, Toyota’s Woven Capital and BMW Ventures – to name a few – in an effort to forge partnerships that will help them scale.

But what are these strategic investors, hedge fund managers and institutional investors looking for? We aim to find out during TechCrunch Sessions: Mobility on May 18-19, a two-day in-person event that, as in previous years, will bring together the best and brightest minds to discuss the challenges and opportunities of the future. transportation. .

We turn to some of the most active hedge funds, institutional and strategic investors in transportation for answers.

With so many market variables in play – not the least of which is the ongoing global pandemic – we could all use a healthy dose of insight and perspective. That’s why we’re thrilled to announce that John Du (GM Ventures), Taylor Ogan (Snow Bull Capital) and Trina Van Pelt (Intel Capital) will take the TC Mobility stage for a panel discussion on strategic opportunities for startups.

John Du is a partner at GM Ventures, which has invested in Envisics, GeoDigital and Nauto, to name a few. Du is also GM’s chief technologist for China. Prior to becoming a partner, Du served — since its inception in 2009 — as director of the China Science Lab, part of GM’s research and development organization. He built a strong and innovative research team and led research and development in smart and connected vehicles, batteries, advanced materials and electrified propulsion systems.

Taylor Ogan is the CEO of Snow Bull Capital, a green, high-tech hedge fund that invests in companies focused on improving the environment through technological advancements and increased urban efficiency. His areas of interest include audio visual vehicles, AI, batteries and electric vehicles.

Trina Van Pelt is vice president and senior managing director of Intel Capital and a voting member of its investment committee. His areas of interest include growth and venture capital investments in smart edge, enterprise SaaS, AI and urban mobility.

Van Pelt, who currently sits on the board of five growth-stage portfolio companies, has more than 25 years of experience in a wide range of global technology acquisitions and investments.

Don’t miss this essential discussion when these venture capital experts reflect on how investment strategies have changed during the pandemic, how they are evolving today, and what transportation startups should prepare for in the markets. capital in the future.

TC sessions: Mobility 2022 breaks the hype and goes beyond the headlines to discover how the merging of technology and transportation will affect a wide range of industries, cities, and the people who work and live there. Register today and secure your spot before prices go up next week!



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here