Transportation Technology Focus For Investors

By: Jeffry S. Pfeffer :: February 16, 2015

In 1969, the world’s human speed record was set when Apollo 10 flew at just short of 25,000 mph. Time was when we thought flying at the speed of light was the next break in transportation. In the meantime, progress stalled. But now, transportation is about to move ahead rapidly with the advent of new technologies.

A recent article by KPCB points to six technologies that are converging on the transportation industry. According to the article, venture investors are recognizing these hot technologies by putting $5.7 billion into transportation businesses last year, more than twice the level of investment in the previous two years combined. Uber was on top, raising $3B. Some other startups raising significant funds included GrabTaxi ($334 million), Lyft ($250 million), car-sharing company BlaBlaCar ($100 million) and INRIX, combining data science with transportation ($65 million).

Sooner than you think we'll be driving hands-free in comfort on a solar roadway. And CapX will continue to be alongside, supporting these new movement technologies and systems. What's your next idea...jet packs anyone?

Read the KPCB article here:

Jeffry S. Pfeffer, Managing Partner

In 1999, Jeff co-founded CapX and is the firm’s Managing Partner. His responsibilities include firm management, leading new business development, and serving as CFO for CapX.

Jeff has over three decades of small to midsize business finance experience focusing on delivering superior risk-adjusted returns to CapX’s investors. He co-founded the firm during an investment vintage when alternative secured financing strategies were deemed not “sexy.” He and his partners raised over $450...