Alexei Andreev- Autotech Ventures Since the creation of the National Highway Traffic Safety Administration in 1970, much of the innovation we’ve seen in the automotive space has centered around the safety of vehicles. Seatbelts, anti-lock braking systems, crumple zones and other innovations have all increased the safety of vehicles and the survivability rates of accidents. […]
Autonomous vehicles are set to transform the transportation industry. But a VC is betting there are better ways to make money off them than backing self-driving-car companies.
Troy Wolverton- Business Insider Quin Garcia is a self-described “car guy.” He also really believes autonomous and electric vehicles will revolutionize the transportation industry and the broader society. But if you scrutinize the portfolio of Autotech Ventures, the transportation-focused venture-capital firm that Garcia cofounded, you won’t find any investments in companies developing or building cars […]
Rebecca Szkutak- Venture Capital Journal “Autonomous vehicles have been a very hot space over the last years,” Quin Garcia, a managing director of Autotech Ventures, said. “Most of society recognizes that autonomous vehicles have the potential to have the largest impact on our society since the internet.” Menlo Park-based Autotech Ventures focuses on ground transportation. […]
Daniel Hoffer of Autotech Ventures discusses new directions in the industry. Autotech Ventures is a three-year old venture firm in Menlo Park, Calif., that invests in early-stage startups in the transportation sector. Autotech’s first fund was a $120 million vehicle and the firm is currently investing out of its second fund.
“Dan Hoffer, managing director of Autotech Ventures, a transportation-focused venture firm, said ballooning valuations in the sector have led his firm to fund autonomous startups that serve construction and mining sites”