Global Startup Heat Map highlights 10 Automotive AI Startups to Watch in 2023
Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, which covers over 3 790 000+ startups & scaleups globally, we identified 313 automotive AI startups. The Global Startup Heat Map below highlights the 10 automotive AI startups you should watch in 2023 as well as the geo-distribution of all 313 startups & scaleups we analyzed for this research. Based on the heat map, we see high startup activity in the US, followed by the UK and India. These automotive AI startups work on solutions ranging from touchless vehicle inspection and advanced vehicle telematics to AI-integrated autonomous vehicles and assisted driver training.
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As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant technologies and industry trends quickly & exhaustively. Based on the data from the platform, the Top 5 Automotive AI Startup Hubs are in London, Bangalore, New York City, San Fransisco & Berlin. The 10 hand-picked startups highlighted in this report are chosen from all over the world and develop solutions for inspection, maintenance, vehicle monitoring, and autonomous systems.
10 Top Automotive AI Startups to Watch in 2023
Innovations in AI transform the automotive industry by ensuring safer, more efficient, and autonomous vehicles. For instance, integrating AI into advanced driver-assistance systems (ADAS). AI algorithms analyze real-time data from sensors, cameras, and radar systems to detect and interpret road conditions, objects, and potential hazards. This enables ADAS to provide features like lane departure warnings, adaptive cruise control, and automatic emergency braking, enhancing vehicle safety. Further, AI plays a crucial role in autonomous driving. Machine learning algorithms enable vehicles to learn from vast amounts of data and make intelligent decisions based on complex scenarios. This technology allows self-driving cars to perceive the environment better, navigate traffic, and respond dynamically to situations. AI also utilizes natural language processing (NLP) and voice recognition for in-car assistants, enhancing the driver’s experience and enabling hands-free interaction.
- FocalX – Touchless Vehicle Inspections
- mmmint.ai – Digital Car Workshop
- Artificient Mobility Intelligence – AI-integrated Vehicle Telematics
- Etechstars – AI-Controlled Autonomous Vehicles
- Hello Llama – Micromobility Safety
- eNeural Technologies – Advanced Driver Assistance Systems (ADAS)
- Vidyuth Power – AI-led Electric Vehicle (EV) Charging Platform
- KasperTech – Smart Urban Mobility Solutions
- Yaak – Virtual Reality (VR)-based Driving Training
- Sortie Technology – Autonomous Aerial Vehicles
FocalX enables Touchless Vehicle Inspections
Danish startup FocalX leverages touchless vehicle inspection technology to automate and optimize car handling and fleet maintenance. It leverages AI-enabled software to detect damages and ensures transparency in accidental claims. The software automatically detects damages and provides complete damage descriptions for remote inspections. It also has a 360-degree guided capture feature that allows drivers to scan vehicle damage by walking around and taking multiple images. FocalX’s AI algorithms cater to vehicle owners and provide autogenerated damage reports, reducing inspection costs.
mmmint.ai offers a Digital Car Workshop
German startup mmmint.ai offers digital solutions for managing vehicle accidental damage reports. It provides mr fictitious, an AI-powered digital platform for the settlement of insurance claims without visiting the workshop. Also, the platform digitizes vehicle licenses using object detection and optical character recognition (OCR) that enables automatic tracking of vehicle tickets. Additionally, mmmint.ai features CrashBot, an AI-enabled chatbot to help virtually after accidents and provide driver and vehicle assistance.
Artificient Mobility Intelligence makes AI-integrated Vehicle Telematics
Artificient Mobility Intelligence is a German startup that develops smart mobility solutions. The startup’s solution utilizes computer vision to provide real-time driving insights through edge processing. It features traffic sign detection and road risk assessment as well as offers frontal collision and lane departure warnings to prevent accidents. Additionally, the solution provides cloud-based digital twin-driver profiling and crash detection for a safer mobility experience. This advanced driving assistance enables drivers and insurance companies to ensure safer driving and minimize claim costs.
Etechstars manufactures AI-Controlled Autonomous Vehicles
Indian startup Etechstars manufactures AI-controlled self-driving vehicles for a safe and autonomous mobility experience. It combines sensors, AI, and machine learning to detect and interpret the surroundings to make autonomous driving decisions. The solution runs on a global positioning system (GPS) and high-definition maps to provide location and route information. The startup’s vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication thus improve road safety and efficiency.
Hello Llama improves Micromobility Safety
Hello Llama is a US-based startup that creates software solutions for rider safety. It offers Active Safety Halo, an integration of a sensor fusion system and AI-based software to monitor and communicate with the traffic environment. This enables emergency braking through pedestrian detection and front and rear collision avoidance. It also detects traffic signs, blind spots, and sidewalks to provide parking assistance. Hello Llama caters to drivers and automobile industry professionals by providing smart micro-mobility solutions.
eNeural Technologies develops Advanced Driver Assistance Systems
eNeural Technologies is a Taiwanese startup that develops automotive AI intellectual property (IP) design and service solutions. Its ADAS utilizes sensors and cameras to detect obstacles and driver errors to respond in real time. The ADAS also uses deep learning for lane departure warning systems (LDWS) and front collision warning systems (FCWS). This allows vehicles to detect the status of approaching traffic and make autonomous driving decisions. With self-learning AI models, eNeural Technologies helps automotive manufacturers to develop smart and safe urban mobility solutions.
Vidyuth Power offers an AI-led EV Charging Platform
Indian startup Vidyuth Power provides EV charging stations and chargers to establish charging networks. It offers an AI charging platform to optimize EV charging by connecting utilities, businesses, organizations, charging stations, and drivers. The platform allows reviewing of real-time electricity usage and performance data to provide infrastructural insights. Vidyuth Power caters to hotels, last-mile delivery partners, fleet operators, and commercial workplaces by providing EV charging facilities.
KasperTech provides Smart Urban Mobility
KasperTech is an Indian startup that leverages the Internet of Things (IoT) and AI to bring automation to automobiles and smart cities. Its solution UltraviZ is an AI-based real-time road surveillance system for the detection and reporting of accidents. The startup also offers Luminox, an IoT-powered street light controlling system to allow remote management and maintenance of lights. KasperTech’s solutions help detect traffic violations automatically and report them to authorities, enabling smarter and safer urban mobility.
Yaak enables VR-based Driving Training
German startup Yaak provides VR simulation solutions for driving schools and students. Its platform converts EVs into learning devices by using AI and multiple 360-degree camera setups installed indoors and outdoors. The solution improves skills on real routes and allows learners to practice in difficult driving scenarios for experience enhancement, improving training in driving schools.
Sortie Technology manufactures Autonomous Aerial Vehicles
Sortie Technology is an Italian startup that makes autonomous vehicles for aerial transportation. It manufactures RUAV-724 and RUAV-A, AI-enabled aerial vehicles with advanced takeoff and landing for flexible deliveries. The solutions allow long and short-range deliveries serving just-in-time (JIT) logistics, emergency deliveries, and aerial inspections. Advanced aviation and launch control, along with the startup’s smart avionics systems offer stable and faster cargo transportation.
Discover All Emerging Automotive Startups
The automotive startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Automotive Innovation Report for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies & emerging solutions that will impact your company in 2023!
