Matthias Bentenrieder and Andreas Nienhaus
Rather than a substantial jump in the number of startup opportunities available, the dramatic expansion reflects how much the size of the average deal has grown in less than a decade. It almost quadrupled to $39 million in 2018 from $10 million in 2010, our data show.Playing the odds Among the 30 more highly funded startups globally, there is one from Singapore, one from the European Union, one from India, one from Indonesia, and one from Dubai. The rest are either from China, with 13, or the US, with 12.
China and the US again dominate the AV startup sphere. In this market, the European Union and any other region governed by the United Nation’s Vienna Convention on Road Traffic operate at a disadvantage because of the treaty’s restrictive traffic regulations that make public road testing of driverless vehicles difficult.Mobility as a service
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