Auto tech companies raise $1.3 billion in 2026 so far: Tracxn

All funding figures are US dollar equity funding and exclude debt, grant, post-IPO and ICO funding," the report, India Auto Tech - 2026 YTD, said.Automated parking solution provider Sotefin recorded the highest IPO market capitalisation at $35 million, followed by Victory EV India at $11 million and accessories company AutoFurnish at $6 million.There were 10 rounds of $34 million or more, totalling $900 million during the period.

These accounted for around 70 per cent of the total $1.3 billion raised. The other 87 rounds raised about $400 million, the report said.Later-stage funding stood at $810 million, with Series C and subsequent rounds accounting for eight of the 10 large transactions.Used-vehicle retailer Cars24 acquired CarInfo for $44.4 million in January this year, followed by the acquisition of Vehicleinfo in March.

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