Scaling up an autonomous vehicle or launching an electric car often requires a huge capital investment for which only hedge funds, strategic venture capital units and institutional investors have the understanding and money.
Over the past two years, these capital needs have prompted dozens of mobile startups to turn to public markets or hedge funds and venture capital from automakers and suppliers. Arrival, Canu, Faraday Future, Lucid Group, Luminor Technologies and Nikola are some of the companies that went public through special purpose acquisition mergers, while Rivian and Tusimple went down the traditional IPO path. Other startups, perhaps not ready for this stage, have turned to GM, Toyota Woven Capital and BMW Ventures – to name but a few – in an attempt to forge partnerships that could help them a lot.
But what are these strategic investors, hedge fund managers and institutional investors looking for? We want to find out during the May 18-19 session of gaming-updates: Mobility, a two-day one-to-one event that, as in previous years, brings together the best and brightest minds to discuss the challenges and opportunities for the future of transportation. bring.
We’re reaching out to some of the most active hedge funds, institutional and strategic investors in the transportation industry for answers.
With so many market variables, not the least of which is the global pandemic, we could all use a healthy dose of understanding and perspective. So we’re excited to announce that John Do (GM Ventures), Taylor Ogan (Snowbull Capital) and Trina Pelt (Intel Capital) will take the stage at TC Mobility for a panel discussion on strategic startup opportunities.
John Du is a partner at GM Ventures, which has invested in Envisix, GeoDigital and NATO, just to name a few. Du is also GM’s chief technologist in China. Prior to becoming a partner, Du was director of the China Science Laboratory, part of the GM R&D organization, since its founding in 2009. He set up a strong innovation research team and led the research and development of intelligent vehicles, batteries, advanced materials, and electrified power systems.
Taylor Ogan is the CEO of Snowbull Capital, a green and high-tech hedge fund that invests in companies focused on improving the environment through technological advancement and city efficiency. His areas of interest include AV, AI, batteries and electric vehicles.
Trina Van Pelt is Vice President and Senior Managing Director of Intel Capital and a voting member of the Investment Committee. His interests include development and enterprise investments in Intelligent Edge, Enterprise SaaS, AI and urban mobility.
Van Pelt, who currently sits on the board of growth portfolio companies, has over 25 years of experience in a wide variety of global technology acquisitions and investments.
Don’t miss this important discussion as these seasoned VCs take a look at how investment strategies have changed during the pandemic, how they are changing today, and what should prepare transportation startups to enter capital markets in the future.
TC Session: Mobility 2022 Breaks the hype and goes beyond the headlines to explore how the confluence of technology and transportation will impact a wide variety of industries, cities and the people who work and live in them. Register today and reserve your spot before prices go up next weekI