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Fortune
Fortune
Allie Garfinkle

Mobility tech deal value was up 13.9% quarter over quarter, led by autonomous driving startups, according to PitchBook

(Credit: Tayfun Coskun/Anadolu via Getty Images)

My favorite thing about mobility tech is that it can mean all sorts of things, from EVs to scooters to underwater drones. 

But autonomous driving ruled the day in mobility tech in Q2 2024, in which some big-name deals got done by big-name investors. Nvidia particularly has been involved in a number of high-profile, autonomous driving-related deals. Consider: In recent months, Wayve raised a $1.1 billion Series C led by Nvidia, Eclipse Ventures, and SoftBank, while Scale AI raised a $1 billion Series F led by Accel and Nvidia. Nvidia was also in the mix as an investor in Waabi’s $200 million Series B, which was led by Uber and Khosla Ventures. 

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