FORGET DOT COMS and social networks. The hotspot for research and investment in Silicon Valley right now is the future of transport. Convince the valley you have a new way to create a brain for a self-driving car, help people find parking, detect a drowsy driver, or build a personal electric plane, and you’ll find yourself showered in VC funding.
That explains the above chart. The “Future of Transportation Stack,” produced by VC firm Comet Lab counts 263 companies, most of which you’ve probably never heard of, all of them vying to cash in on the automotive revolution.
“We really wanted to make a comprehensive list of AI startups in this space, and also the enabling technologies,” says Taylor Stewart, who heads up transportation at Comet Labs. She spent weeks poring over company data to find the most interesting.