Startup Funding: July 2021
The trend of big funding for Chinese autonomous driving companies continued in July, with three startups each drawing $100M or more for efforts in ADAS and computer vision for automotive. The month also saw one electric vehicle manufacturer get a massive boost as it begins production on its first models, while significant funding also went to a company that wants to recycle used up EV batteries. Plus, at-memory compute and graph streaming processors for AI, self-powered IoT devices, and fault tolerant quantum computing drew interest from investors. This month, we look at 35 companies that collectively raised over $4.9B.