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Endera, a rapidly growing leader in the electric vehicle (EV) industry, has secured $49 million to propel its mission to revolutionize the American transportation sector. The company designs and manufactures the vehicles, develops the proprietary powertrain technology, and offers fleet management softwareall under one roof.
In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and ( most recently ) on bikes across developed and emerging markets in EMEA is announcing a major round of funding. billion ($4.3
During my tenure with the local University I worked with economic developers all across Iowa, from Sioux City to Davenport and a great many small but mighty communities in-between: Grinnell, Parkersburg, Webster City and Lamoni to name a few. Entrepreneurial development in rural areas is needed now more than ever.
The problem stemmed from the curse of knowledge, with most of the leaders in the department of transportation forgetting the difficulties they had in developing their own leadership skills. She convinced the department’s leadership to develop a leadership development training program for newly promoted supervisors.
The good news is that the movers and shakers of the industry are finally listening to the call of United Nations 17 Sustainable Development Goals (SDGs), and more and more players are now becoming more sustainable in their business approach to contribute to the realization of these goals. . Neste Corporation. Country: Finland.
I enlisted in the Hawaii Air National Guard right after graduating high school and served for 20 years as a Cyber Transport Systems Technician. In 2019, 2020 and 2021, IFSH was awarded the IREM Workplace Environment Award for exemplary practices in leadership development, employee engagement, corporate culture and wellness programs.
That’s a dramatic shift in urban transportation by any measure, and it prompts a simple but important question: How did we get here? 3: Comprehensive industry safety report released (spring 2019). In April of 2019, these programs culminated in a comprehensive e-scooter safety report.
Veev, a real estate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” Interestingly, Veev Group started its life as a traditional real estate developer and asset manager.
As drivers we look out for them, as pedestrians we might be annoyed if they steer in our way but the riders themselves have developed better norms as happens in all forms of transportation. They are no longer remarkable in Santa Monica or Venice or in many cities in America, Europe or South America. They’re not new. They’re not novel.
Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel. In this case, the software development stays in house at Waymo; Daimler is just concentrating on the chassis development.
MAX ) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding. The founders quickly realized that introducing electric vehicles would be the natural next step, and in 2019 MAX kickstarted their electric mobility journey.
When starting in Nigeria, most two-wheel ride-hailing startups begin from Lagos, the nation’s hotbed of commerce and transport. SafeBoda first hinted at a possible expansion into Nigeria in 2019. The latter is known for endorsing NURTW , a transport group known to legally extort riders daily or weekly in the city.
Urban Movement Labs, launched in November 2019, is a public-private partnership involving local government and companies to develop, test and deploy transportation technologies. ” Archer lands $1B order from United Airlines and a SPAC deal.
The shipping business in Africa has for years been inefficient and costly due to the traditional ways of managing operations – traditional in the sense that a shipper has to physically look for a transporter, sometimes through a middle-man, and often, once goods are delivered, the trucks almost always make the return trip empty.
Established in 2019 by Anggia Meisesari and Aris Pujud Kurniawan, TransTrack provides comprehensive solutions for optimizing logistics companies’ operations. Their offerings include a fleet management system, transportation management system, and truck appointment system. percent, according to Statistics Indonesia (BPS).
If Nuro is to become the generation-defining company its founders desire, it will be due as much to innovation in regulation as advances in the technology it develops. In a 2019 letter to the U.S. R2X is now referred to as R2). The Alliance of Automobile Manufacturers (now the Alliance Automotive Innovation), which represents most U.S.
In what I’ve called The Third Wave , the Internet will become ubiquitous and transform industries that are part of our everyday life including health care, transportation, education, food, etc. As we kick off 2019, let’s look back on some of the “greatest hits” of 2018, that highlight why policy now matters.
The company declined to comment on the matter, though its CEO Zhang Hui said in May 2019 that the firm was “not in a rush” to go public. The latest funding will allow it to further invest in research and development, upgrade its matching system and expand its service capacity to functions like door-to-door transportation.
stake in the three-year-old startup, whereas 42dot’s co-founder and chief executive Chang-Hyeon Song, who interestingly also leads the transportation-as-a-service (TaaS) team at Hyundai Motor, held a 36.19% stake as of December 2021, according to 42dot’s regulatory filing. Hyundai currently owns a 20.4%
Back in 2002, food transportation accounted for almost 20 billion vehicle miles. This organization asks airline passengers to make voluntary climate protection payments based on the amount of emissions they create; and uses these contributions to develop renewable energies to save CO? Floripa Week 2019. Here’s how: 1.
Serve Robotics, a name taken from the autonomous sidewalk delivery bot that was developed and piloted by Postmates X, has raised seed funding in a round led by venture capital firm Neo. It plans to ramp up research and development in the San Francisco Bay Area and expand its market reach through new partnerships.
MoveinSync: Revolutionizing Corporate Commutes with Diverse Solutions Established in 2009 by Deepesh Agarwal and Akash Maheshwari, MoveinSync has developed various solutions to streamline employee commutes for large corporations.
Lori Systems , an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors. Lori has raised a total of $38.2 million, according to Crunchbase.
This initiative is part of the ‘2023 Drone Demonstration City Project’ run by the Ministry of Land, Infrastructure and Transport, selected by Seongnam City. The 2nd Pangyo Techno Valley inaugurated its Business Growth Center with the vision to cultivate nascent drone developers. Furthermore, NCsoft invested KRW 1.5
These markets make up 32% of Africa’s population, 51% of the continent’s mobile network connections, 50% of its professional developers and 51% of its GDP. from 2010 to 2019. There are five main sectors in Africa’s startup landscape: financial services, commerce, transport, healthcare and education. and Latin America’s 2.8%.
The Station is a weekly newsletter dedicated to all things transportation. Against that backdrop of unsafe practices, I wanted to note an important departure over at the Department of Transportation. The UK’s Department of Transport reports weekday cycling rates have jumped 47% in the first half of 2022. million to 18.8
Nowports raised its initial seed round in 2019 after graduating from Y Combinator’s Winter 2019 batch with a mission to innovate the freight forwarding industry by helping companies — with an emphasis on SMEs — improve the import process. “In Nowports raises $5.3 Our 2021 goal is 400% to 600%,” de los Rios told TechCrunch.
They have been experimenting and developing using a Cessna 172, which started flying unmanned flights a couple of years ago. Back in September 2019, Reliable Robotics flew a Cessna 172 with no one on board in airspace just outside of San Jose, California. .
A significant event came with acquisition by AOL of the the ICQ messaging system developed by Mirabilis. At the start of 2020, Israeli startups and technology companies were looking back on a good 2019. In 2019 there was a 30% increase in startup funding and a 102% increase in M&A activity. billion in 2019.
This includes our emissions for transports, which is why we are now shifting to electrical vehicles, which reduces our climate footprint by 87% on these routes,” said Simon Broadbent, supply chain director at Oatly, in a statement at the time. Argo, a developer of self-driving technology, is now worth $7.5 billion valuation.
In 2019, St. Metro Transit dropped its internal trip-planning app, which had been developed with the Trapeze Group and directed riders to Transit, a private third-party app that offers mapping and real-time transit data in more than 200 cities. a San Diego-based defense and public transportation company. ” St.
The platform attempts to reconcile documents with third-party websites and internal systems and spotlight exceptions as they come up, sending the data to transportation management and enterprise resource planning systems. in 2021, a 68% increase from 2019, according to McKinsey. billion in the U.S.
Between 2006 and 2010, CEO Wilkerson, then a journalist and researcher, spent a great deal of time using motorcycles ( Boda bodas ) for quick and flexible transport. It was such an effective means for transport for him that he built a large contact list of “go-to” boda boda riders he would call for rides when need be.
CEO Florian Reuter tells us that live services are now two years out for the two vehicle models it has been developing. “Getting urban air mobility off the ground requires a full ecosystem that we are developing right now. In addition to Europe and Asia, it also wants to launch services in the U.S. ”
Spanish aerospace startup, wants to break free from that constraint by developing an autonomous solar-powered aircraft it says will eventually be capable of perpetual flight. Airplanes and drones today, regardless of size or fuel type, all face the same limitation: eventually they have to land. Skydweller Aero, the U.S.-Spanish
Yoobic , which provides an app for frontline and service workers to manage tasks, communicate with each other and management, and also go through training, development and other e-learning tasks, has picked up $50 million. Felix led Yoobic’s Series A, while Insight Partners led the Series B in 2019.)
.’s Civil Aviation Authority (CAA) has given the go ahead to local startup sees.ai, which is developing a beyond-visual-line-of-sight (BVLOS) command & control solution to aid data capture for industrial use-cases, to trial a concept for routine BVLOS operations — the first such authorization for a U.K. So while (another) U.K.
In November 2020, the Detroit tech company announced that they’re developing three new authentication centers in Toronto and Hong Kong, which will expand the company’s global network by 50%. As a custom software development company, Detroit Labs has been designing and building mobile and web products (and the teams behind them) since 2011.
Adam Goulburn, a partner at Lux Capital, was first struck by Eikon Therapeutics’ pitch to use super microscopes to develop drugs when founder Eric Betzig posed a simple question: How can you understand life if you don’t look at it live? . “It former VP of corporate and business development at Veracyte, will join as chief financial officer.
OnTime is the ride-hailing service introduced by GAC in 2019 as one of the newcomers competing with incumbent Didi, many of which are either operated by auto OEMs or are close to one. As technology develops, the focus has turned to the operation of autonomous driving.
NVMe is the storage access and transport protocol for flash and SSDs. Lightbits, together with Meta, Intel, Cisco, Dell EMC, Micron and others, collaborated on the NVMe/TCP standard that was ratified in November 2019 by the NVM Express consortium. And traditional software-defined storage systems.
The capital comes at a critical time for Rivian, which is undertaking the design, development, production and delivery of two consumer vehicles (the R1T pickup truck and the R1S SUV), and building out of its electric vehicle charging network as well as fulfilling an order for 100,000 commercial delivery vans for Amazon. Image Credits: Rivian.
Atarraya , creator of Shrimpbox, a sustainable “plug-and-play” shrimp farming technology, is swimming to the surface after being in stealth mode since 2019. However, in 2019, the company realized that the challenge was a bit bigger than the founders previously anticipated. The Mexico City-based company emerges with new funding, $3.9
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