Sector Snapshot Key Trends in Dealmaking Mobility

Sector Snapshot: Key Trends in Dealmaking Mobility | 3 Market trends Financingmetrics reveal that at the latest, most expensive stage – growth – dealmakers have pulled back in check sizes, with the median declining to the lowest level since 2013. However, pre- seed/seedmedian financing sizes are at the highest on record (albeit on a small sample size) as is the early stage. Post-valuations are tracking similarly, although 2024 data is inconclusive based on small sample sizes. This suggests that investors have not retreatedwholesale but are hyper-fixated on the handful of mobility companies that pose extreme technical promise and/or sustainable pathways to sound financial footings. Earlier stages remain resilient Pre-seed/Seed Early stage VC Late stage VC Venture growth 2018 2020 2023 2019 2021 2024* 2017 2022 Amid a paucity of data, valuations remain resilient as well *As of 03/18/2024. Note: the 2024* figures for all stages and the venture growth figure for 2023 were based on population sizes below 30. Source: PitchBook. Global median VC deal size by type ($M) –Mobility Global median VC post value by type ($M) –Mobility 2018 2020 2023 2019 2021 2024* 2017 2022 Pre-seed/Seed Early stage VC Late stage VC Venture growth *As of 03/18/2024. Note: the 2024* figures for pre-seed/seed, early and growth stages were based on population sizes below 30. Source: PitchBook. $90 $80 $70 $60 $50 $40 $30 $20 $10 $0 $900 $800 $700 $600 $500 $400 $300 $200 $100 $0