About AImotive
AImotive is a company based in Budapest (Hungary) founded in 2015 was acquired by Stellantis in November 2022.. AImotive has raised $66.1 million across 7 funding rounds from investors including Stellantis, Lead Ventures and European Union. The company has 6 employees as of December 31, 2022. AImotive operates in a competitive market with competitors including Waymo, Aurora, Cruise, Ridecell and Argo AI, among others.
- Headquarter Budapest, Hungary
- Employees 6 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & LogisticsTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Aimotive Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$66.1 M (USD)
in 7 rounds
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Latest Funding Round
$13.82 M (USD), Grant
Oct 31, 2023
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Investors
Stellantis
& 13 more
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Employee Count
6
as on Dec 31, 2022
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Acquired by
Stellantis
(Nov 17, 2022)
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Funding Insights of AImotive
AImotive has successfully raised a total of $66.1M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $13.82 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $13.8M
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First Round
First Round
(29 Jul 2015)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Grant - AImotive | Valuation |
investors |
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| May, 2020 | Amount | Series C - AImotive | Valuation | Lead Ventures | |
| Apr, 2019 | Amount | Grant - AImotive | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AImotive
AImotive has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Stellantis, Lead Ventures and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in multiple sectors are handled by Lead Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments are made in innovative technology startups.
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Founded Year | Domain | Location | |
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Venture capital is invested in European technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AImotive
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AImotive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aimotive Comparisons
Competitors of AImotive
AImotive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Waymo, Aurora, Cruise, Ridecell and Argo AI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Self-driving vehicle solutions are developed and deployed for transportation.
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| domain | founded_year | HQ Location |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled hardware and software for autonomous vehicles are developed.
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| domain | founded_year | HQ Location |
Cloud-enabled platforms for shared mobility and fleet management are provided.
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| domain | founded_year | HQ Location |
AI solutions for autonomous driving software and hardware are developed.
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| domain | founded_year | HQ Location |
Autonomous driving software based on deep learning is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aimotive
Frequently Asked Questions about AImotive
When was AImotive founded?
AImotive was founded in 2015.
Where is AImotive located?
AImotive is headquartered in Budapest, Hungary.
Is AImotive a funded company?
AImotive is a funded company, having raised a total of $66.1M across 7 funding rounds to date. The company's 1st funding round was a Grant of $55.82K, raised on Jul 29, 2015.
How many employees does AImotive have?
As of Dec 31, 2022, the latest employee count at AImotive is 6.
What does AImotive do?
AImotive was founded in 2015 in Budapest, Hungary, within the autonomous vehicle sector. Software and simulation tools for self-driving cars are developed by the company. Products such as AIdrive, which provides full-stack software with perception and sensor fusion, AIsim, a simulation suite, and AIware, acceleration chipsets, are offered. Operations focus on AI technologies for automotive applications.
Who are the top competitors of AImotive?
Who are AImotive's investors?
AImotive has 14 investors. Key investors include Stellantis, Lead Ventures, European Union, Cisco Investments, and Ministry of Human Capacities.
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