The Mobilion Fund invests in smart transportation startups, from electric vehicles through apps to drones. The fund is currently in the process of raising about 100 million dollars for a second fund.
Smart transportation encompasses everything designed to improve and optimize issues related to transportation. The field of electric vehicles in North America alone is expected to grow by hundreds of percent by the end of the decade, reaching sales of approximately 40 million vehicles per year. Much innovation in the field comes from Israel, and according to Investors in the local Tech swamp, voila! Money continues to introduce you to the owners of the century.