No matter what the future brings to transportation, be it electric scooters, flying cars, or autonomous vehicles, Alphabet wants to be a part of it. Recently, The Financial Time reported that Alphabet, Google's parent company, is investing in Lime, an electric scooter startup, as their venture capital portion, Google Ventures, led the funding round. This reveals a focus for Alphabet, a high number of investments in vehicle companies that could easily be apart of the way transportation is conducted in the future.
“Not only is Alphabet interested in this space, it already is a superpower in transportation,” Mike Ramsey, a Gartner research director who focuses on mobility, told CNBC. Here’s a look at the many ways that Alphabet has focused on the way people get around.
Alphabet was the most active corporate investor last year, making more than 100 deals, through both direct investments and its three venture funding arms: GV, for early-stage companies; CapitalG, for growth-stage investments; and Gradient, for artificial intelligence related startups.
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