03. Investments in Smart Transportation – Global & Local Trends. _Shirley Sheffer

8/18/2019 03. Investments in Smart Transportation – Global & Local Trends. _Shirley Sheffer

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Shirley joined Capital Nature in 2011 as its VP Investments and is responsible for bringing on board and advancing its portfolio .

Shirley brings extensive experience in both investment and VC roles and execution roles. For nine years, Shirley was with Poalim

Ventures where she led investment opportunities from introduction, via due diligence and deal making, to actively working with theportfolio companies on the Board of Directors, to support them with strategy, financing issues, recruitment, and exiting. Shirley’s

experience also includes senior international marketing roles that spanned over the range of product management, product

marketing and go-to market strategy, business/cooperation development, and team management in companies like ECI Telecom,

Radway, Teledata, DEC, and others. She is currently actively involved on the board of seven of Capital Nature's portfolio companies.

Shirley holds a BSc in Computer Science from the University of Massachusetts and an MBA from Tel Aviv University.

Shirley Sheffer


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background

• connected cars will shape the future of the automotive industry

• by 2020 65-90 percent of cars sold will be connected

• What possibilities will theconnected car open up?

• What factors stand in the way ofdevelopment of the connected car?

• What are the possible drivers?

• What will new business modelslook like?

• What is the role of Israel in thedevelopment of connected cars?


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SecurityPervasive

Access

PersonalizedExperience

Young

Generation

Connectivity

Devices &

Integration

Growth Drivers for the Connected Car

Autonomous

Vehicle


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Market Potential

• Connected car technologies are

expected to generate 40 billion EUR

in end-costumer spending in 2016.

• Global annual industry revenues

from connectivity are expected to

increase to approximately EUR 125-

180 Billion the next 5 years

2016 2021

Connectivity

Hardware

Total

Source: McKinsey 2014, Strategy& 2015

Usage Based

Software &

Services


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Market Potential

€15.5 BN

€9.5 BN€6.0 BN €4.4 BN

€2.0 BN €3.6 BN

€49.3 BN

€39.6 BN

€13.4 BN€5.6 BN

€7.6 BN €7.1 BN

€0.1 BN

Safety Autonomous

Driving

Entertainment Mobility

Management

Well-Being Vehicle

Management

Home

Integration

2016 2021

Source: Strategy& 2015


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2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

AutomatedPartial Automated

DrivingFully Automated Driving

Combined Function

Automation

ConnectedSmartphone Integration

Content and apps

V2V & V2I

Communication

A Connected Lifestyle Is A Given

Self-Driving Cars Will Arrive, But Not Now

Autonomous Cars


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Innovation Leaders


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Sample examples of OEM recent activities

AT&T extended coop

with Porsche and Audi,

to provide them with

Internet connectivity intheir cars in North

America, beginning with

some 2017 models

Jaguar Land Rover, has

introduced justDrive,which turns apps and

services from your

smartphone into a voice-

activated experience.

GM announced it willinvest $500 million in

ride-sharing company Lyft

Ericsson and Geely

Automobile of Chinaannounced they would

work jointly to develop

"an industry-leading

connected car platform

SAIC Motor Corp.

declared it will introduce

a connected car jointly

developed with Alibaba

Group Holding Ltd. inAugust 2016 at a joint

investment of 160 M

USD

Volvo announced it will

use Nvidia's deep-

learning computer in

100 Volvo XC90 SUVs

beginning next year as

part of its “Drive Me”autonomous-car pilot

program.


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Auto-Tech Startups Funding Trends

68 95 174 78 572 102 457

7 7

1512

27

19

39

0

5

10

15

20

25

30

35

40

45

0

100

200

300

400

500

600

700

2009 2010 2011 2012 2013 2014 2015

USD M Deals

Source: cbinsights, 2015


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Recent Major Auto-Tech Startups Fundings

$8 Million

$10 Million

$11 Million

$11 Million

$13 Million

$14 Million

$16 Million

$22 Million

$24 Million

$26 Million

$30 Million

$50 Million

$50 Million

$55 Million

$115 Million

Zubie (Vehicle Management)

Riveway (Vehicle Management)

Swift (Mobility Management)

Seegrid (Autonomous Driving)

Cruise Automation (Assisted Driving)

Zendrive (Vehicle Management)

Peloton Technology (V2V)

Veniam Works (V2V)

Automatic (Vehicle Management)

GreenRoad (Vehicle Management)

Quanergy Systems (Autonomous Driving)

Life360 (Mobility Management)

SmartDrive (Vehicle Management)

TTTech (Safety)

Sigfox (V2V)

Source: 3i, 2016


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Top Investors In Auto-Tech Companies

Source: cbinsights, 2015


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Israel’s Clean Transportation companies

Source - Samuel Neaman Institute – Technion; Pareto

R&D 48.4%

Initial Revenue

37.1%

Seed 7.5%

Revenue

Growth 7.0%

300 companies that raised above 1B$ in the last 3 years


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Israeli Innovation - where breakthrough happens


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Israeli Smart Transportation Innovation Leaders

Th O t it i I l Add d V l


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The Opportunity in Israel – Added Value

Technologies – recognized by the Auto Industry

• Fiat/Chrysler – searching for technologies and pilots• BMW – road show of 30 startups

• Toyota – Hackathon for Israeli startups (and the 2nd out of Japan)

• Ford – Special startups Hackathon

• VW – Seat/Skoda – 20 startups under review

• GM R&D Center + CVC arm - Building a Center of Innovation(“critical location for exceptional technologies and innovation”)

• Bosch – seeking and testing technologies with focus on Connected Cars

http://www.google.co.il/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCKzrq76w98cCFQNcFAodVGcPiw&url=http://www.idgconnect.com/abstract/8452/london-tech-week-how-technology-can-help-unite-israel&psig=AFQjCNGMT57t9drY3Vpy4rYZQdQJG3yvBA&ust=1442349192944444


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Drivers and Obstacles

• Megatrends are driving growth for connected cars

• Energy Efficiency• Connected Devices

• Security

• Safety

• Realigning short term milestones with a clear long term visionincreases the chance of success

• Continuous innovation is needed to stay in the ‘driving seat’ when thefull potential of the trend unfolds

• Cooperation between different types of actors from differentindustries drives success


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Drivers and Obstacles

• Privacy and data security are a key concern among customers whichdampens market adoption.

• Embedded (wireless) communication technology is a key driver, butits absence limits the market for connected cars

• Market adoption of more advanced connected car applicationsrequires large-scale investments in infrastructure.

• Legislation and regulation require further attention frompolicymakers

• A common understanding of the connected cars value chain still

needs to be developed


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So Connected Cars…

• A disruptive technology will change traditional auto industry structures,will usher in new business models

• The car as a bundle of services, rather than apackage of hardware.

• Stakeholders will need to cooperate in order toenable the business to thrive

(auto makers, auto suppliers, technology companies,telecom companies, startups)


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We Incubate, Fund & Accelerate

Innovation in Green Energy

Technologies


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GovernmentalAgencies Co-Investors

Leveraging Value for our Startups

ShareHolders

InternationalPartners

RE Initiative –

Eilat Region

Global Strategic Partners (GE, BOSCH, Enel, GM, ABB, Solvay ,Tata),IEC, Research Centers


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Roadix Innovation - Smart City SolutionMUVe revolu t ion ary rental stat ion

> Full utilization of MUVe`s unique design> Up to 20 vehicles storage - Compact & easy deployment

> Online status transmit for distribution optimization

> Pay per use model

> Minimum environmental impact> Minimal urban footprint


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ElectRoad Powering an EV from the road

A system of Accumulator array (stripe) installed under the asphalt + Air core

transformer + Generic receiver

Each segment will transmit automatically only when the vehicle is on it

Passive stripe, no safety concern


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Capital Nature – Your gateway to Israel’s

green energy innovation

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03. Investments in Smart Transportation – Global & Local Trends. _Shirley Sheffer