This Business News Story Was Uncovered By Us From: https://www.under30ceo.com/autonomous-vehicles-boom-av-founders-pitching/
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Imagine you are a founder with a clever idea for driverless delivery on one stretch of road, and you assume the field belongs to giants. According to a TechCrunch Mobility newsletter published November 1, early-stage investors are seeing the opposite trend.
Trucks VC reports that 81 new companies pitched it on autonomous vehicles this year. For anyone building a small team in a big industry, that shift raises fresh questions about Series A funding and where the next opening might be.
A Bigger Wave Than the Last One
Kirsten Korosec writes that she once compared today’s mood to 2016. After speaking with Trucks VC partner Puneeth Meruva, she changed her mind. By one measure, the firm’s pitch count, this year already exceeds the pitch volume of the frenzied period around 2016 and 2017.
Trucks VC pitch activity, as reported by TechCrunch
Measure
Reported detail
New AV startups pitching in 2026
81
Change from last year
Up about two thirds
Typical capital raised before deployment
Under $1 million
Typical time to deploy
A few months
Meruva expects the count to keep rising next year, so the firm does not see a plateau yet.
Why Foundation Models Changed the Math
Older AV efforts relied on many separate software modules stitched together. Meruva described a long-running goal of one end-to-end system, and he believes foundation models now make that design realistic. These models handle new places and situations better, which could make vehicles cheaper and faster to launch.
Open source has helped too. The newsletter names Nvidia’s Alpamayo and Qwen’s vision-language-action models as free starting points. As a result, a small crew can begin with strong tools instead of building every layer from scratch.
Where the Surprising Pitches Are Landing
Korosec expected most newcomers to focus on construction, warehouses, farming and mining. Those sectors did appear. However, she was surprised by how many… Read More
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