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”
The future of autonomous vehicles runs off roads and on to farms, construction sites, and mines | TechCrunch
Jeff Peters, Autotech Ventures – Fully self-driving passenger cars are not “just around the corner.” While the well-capitalized leaders — funded by corporations, multibillion-dollar VC funds or advertising revenue — are on more stable financial ground, many other full-stack autonomous vehicle startups may be looking for the off-ramp. With no clear path to funds outside […]
“What would you do differently today if you knew technologies coming in the next five years would disrupt your business as those established businesses have? How would you manage or determine your business model differently?” Quin Garcia said. “Together, we can harness innovation to make more money.”
Jeff Peters, Autotech Ventures – While Bezos amassed billions, Apple took over our culture, Google became ubiquitous and software ate the world, the automotive industry needed a bailout. Since then, they have more or less recovered, but they are no longer the undisputed titans of American industry. That title now belongs to companies that traffic […]