Patent Portfolios of the Top 25 Well-Funded AV Companies

04 February 2020 Dashboard Insights Blog
Authors: Chethan K. Srinivasa

The following table lists the top 25 well-funded autonomous vehicle companies according to CrunchBase. Based on a search of the U.S. Patent and Trademark Office’s publicly available information, the top 25 autonomous vehicle companies have the following patent assets. It should be noted that patent applications typically do not publish for 18 months after their filing date, so the number of patent assets listed here represents a snapshot of the number of patent assets owned by the company as of 18 months ago.


Rank Based on CB Score

Company

Location

Year Founded

# Patent Assets

1

Tesla

California

2003

813

2

Bolt Technology

Estonia

2013

0

3

Mobileye

Israel

1999

381

4

Hesai Technology

China

2013

0

5

Cruise

California

2013

12

6

TuSimple

California

2015

161

7

Otonomo

Israel

2015

1

8

Argo AI

Pennsylvania

2016

0

9

Nauto

California

2015

34

10

Quanergy Systems

California

2012

20

11

Innoviz Technologies

Israel

2016

37

12

Embark Technology

California

2016

0

13

Momenta

China

2016

0

14

Brain Corp

California

2009

318

15

Aeye

California

2013

42

16

Arrival

England

2015

1

17

Wheels

California

2018

0

18

Applied Intution

California

2017

0

19

Zendrive

California

2013

34

20

May Mobility

Michigan

2017

0

21

Arbe

Israel

2015

2

22

Ghost Locomotion

California

2017

0

23

Ike

California

2018

0

24

Cortica

Israel

2007

216

25

Optimus Ride

Massachusetts

2015

0

Tesla, the top ranked AV company per CrunchBase, also has the most patent assets, amounting to about 40% of the total patent assets held by the top 25 companies. About half (13) of the top 25 companies were founded in California, and 5 of the top 25 companies were founded in Israel. Of the 2,072 patent assets held by the top 25 companies, California-based companies own approximately 70% (1,434) of the patent assets, and Israel-based companies own the remaining 30% (637), with the exception of 1 patent asset owned by an England-based company. Of the 15 companies founded since 2015, only three companies have a sizeable patent portfolio:  TuSimple (161), Nauto (34), and Innoviz Technologies (37).

California and Israel-based AV companies appear to be leading the way with regard to pursuing patent protection for AV innovation. However, most entrants since 2015 ranked in the top 25 have not yet developed sizeable patent portfolios. In an effort to catchup to the top patent holders or maintain their position on this list as Tesla has, new entrants may want to consider further building out their patent portfolios.

 

This blog is made available by Foley & Lardner LLP (“Foley” or “the Firm”) for informational purposes only. It is not meant to convey the Firm’s legal position on behalf of any client, nor is it intended to convey specific legal advice. Any opinions expressed in this article do not necessarily reflect the views of Foley & Lardner LLP, its partners, or its clients. Accordingly, do not act upon this information without seeking counsel from a licensed attorney. This blog is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Communicating with Foley through this website by email, blog post, or otherwise, does not create an attorney-client relationship for any legal matter. Therefore, any communication or material you transmit to Foley through this blog, whether by email, blog post or any other manner, will not be treated as confidential or proprietary. The information on this blog is published “AS IS” and is not guaranteed to be complete, accurate, and or up-to-date. Foley makes no representations or warranties of any kind, express or implied, as to the operation or content of the site. Foley expressly disclaims all other guarantees, warranties, conditions and representations of any kind, either express or implied, whether arising under any statute, law, commercial use or otherwise, including implied warranties of merchantability, fitness for a particular purpose, title and non-infringement. In no event shall Foley or any of its partners, officers, employees, agents or affiliates be liable, directly or indirectly, under any theory of law (contract, tort, negligence or otherwise), to you or anyone else, for any claims, losses or damages, direct, indirect special, incidental, punitive or consequential, resulting from or occasioned by the creation, use of or reliance on this site (including information and other content) or any third party websites or the information, resources or material accessed through any such websites. In some jurisdictions, the contents of this blog may be considered Attorney Advertising. If applicable, please note that prior results do not guarantee a similar outcome. Photographs are for dramatization purposes only and may include models. Likenesses do not necessarily imply current client, partnership or employee status.

Related Services

Insights