European mobility investment: Silverpeak at Tech Tour Mobility Summit 2019
Silverpeak sponsored the inaugural Tech Tour Mobility Summit 2019 in Munich. The event brought together 70+ investors and corporates alongside 30 selected Scale-ups across six mobility technology tracks. Attendees explored the future of the sector in depth across a full day of sessions.
Pietro Strada, Managing Partner at Silverpeak, presented on the financing environment for growth capital rounds. Silverpeak’s data confirms that European mobility investment accelerated in 2019. Both deal volume and total capital committed reached new highs.
“There are many different players who want to be at the forefront of the mobility sector,” said Pietro. “Some are entirely new entrants. Others need to complement traditional revenues that are coming under threat. We expect significant investment activity and consolidation over the next few years. We know this space well, having recently advised Oxbotica, the autonomous vehicle software company, and Ticketer, the public bus ticketing and fleet management company.”
Smart Mobility: what the data tells us
David Ford, Director at Silverpeak, moderated the Smart Mobility session at the summit. “The urban transport sector is on the cusp of great change, thanks to a convergence of new technologies,” he said. “From self-driving cars to Mobility-as-a-Service and shared mobility apps — the potential is truly extraordinary.”
In advance of the summit, Silverpeak published updated research on the future of urban transport, covering autonomous vehicles, shared mobility and Mobility as a Service in depth.
For more information, please contact Pietro Strada.