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In sub-Saharan Africa, only 33% of the urban population has access to public transportation, compared to 75% in Europe and North America, according to UN statistics. This lack of access to transportation is in stark contrast to other upward metrics on the African continent, like its growing access to equitable education and healthcare.
on gross merchandise value (GMV: the total figure transacted on Bolt’s platform), à la the recently listed DoorDash, than it is closer to “others” in the transport space that are seeing valuations closer to 0.5x billion ($4.3 Uber sells air taxi business Elevate to Joby Aviation, shedding its last moonshot.
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. This holistic approach to electric transportation helps make Enderas vehicles some of the most reliable and cost-effective solutions.
Perhaps if tech suddenly made housing, healthcare, transportation, combating opioids AND fixing climate change super cheap, AND enabled underemployed and displaced workers to survive on a living wage, AND provided childcare and education, I’m sure @aoc would give you a refund. link] — Charlie O'Donnell (@ceonyc) February 18, 2019.
This accelerator focuses on “ startup and/or seed stage ventures who offer new technologies, or novel applications of existing technologies, aimed at reducing fossil fuel use and greenhouse gas emissions in the heating and/or transportation sector. My thanks to my first mentor, Joseph Steig , for bringing me into this program!
Freight transportation-focused Rose Rocket recently raised a $25 million round. TMS stands for transportation management software , which you can think of as a wide array of products that help truckers and brokers and other players in the freight transport game get work done on a digital basis. What’s a TMS?
The companies listed below scored high on the Corporate Knights’ 2019 Global 100 Most Sustainable Corporations list. Neste develops renewable, low-emission, and circular solutions for the marine, transportation, aviation, and chemical and plastics industries to urge its consumers to reduce their crude oil dependency and climate emissions.
In 2019, the Rural Opportunity Initiative (ROI) program was launched and led by the Rural Development Initiatives (RDI) in partnership with Foundry Collective and Kelley Nonprofit Consulting. Distance and transportation. Heightened vulnerability for minority entrepreneurs.
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.
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’re not new. They’re not novel. They’re invisible. And their usage is growing. Hats off to the teams that have done this.
In June of 2019, I got a cold e-mail with a single link: “My name is Braeden Kelekona and I’m the founder of Kelekona, a drone service for passengers and cargo. Below is a link to the pitch video. I look forward to hearing back from you and hopefully scheduling a meeting here in the city.” And then I disappeared.
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.
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. Then, newly promoted supervisors were expected to pick up the skills on the job, without training in leadership.
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.
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.
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.
Shared transportation in Nigeria, Africa’s largest country by population, is a thriving business, at least when done the conventional way: offline. CEO Damilola Olokesusi founded Shuttlers in 2016 to address the issue of inefficient transportation costs in Nigeria’s most renowned urban city, Lagos.
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).
Urban Movement Labs, launched in November 2019, is a public-private partnership involving local government and companies to develop, test and deploy transportation technologies.
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.
Back in 2002, food transportation accounted for almost 20 billion vehicle miles. Floripa Week 2019. As we want to leave a legacy for Florianopolis and for Brazil, we are opening our doors to the public in 2019 with the Global Social Innovation Festival ! Here’s how: 1. Keep It Local.
That work has accelerated since spring 2019 when Daimler took a majority stake in Torc Robotics, an autonomous trucking startup that had been working with Luminar the past two years.
Zum provides schools with a one-stop partner for safe and reliable student transportation. Zum announced its $40M Series C led by BMW i Ventures, with participation by Sequoia Capital, Spark Capital, and Volvo. We invested in the Seed, Series B, and Series C.
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%
In a 2019 letter to the U.S. Department of Transportation, The American Association of Motor Vehicle Administrators (AAMVA) “[wondered] about the description of pedestrian ‘crumple zones,’ and whether this may impact the vehicle’s crash-worthiness in the event of a vehicle-to-vehicle crash. (R2X
Their offerings include MoveinSync Ion, a SaaS-based platform designed to manage employee transportation, and MoveinSync One, a comprehensive solution for accessing various commute modes like cabs, shuttles, and buses.
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
Plentywaka launched in September 2019, and in the first two months, moved an average of six people daily, according to CEO Akumah. Due to the nature of its business, Plentywaka had to make a slight pivot and began transporting essential services across Lagos, especially food items. It also opened a logistics service.
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.
CloudCuddle designs and produces transportable bed tents to enable families with handicapped children to sleep away from home. Meet the 2018 finalists and check the GSEA site often for news about 2019 applications! Meet 26-year-old Lotte Leufkens, the 2017 GSEA global finalist from the Netherlands and founder of CloudCuddle.
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.
from 2010 to 2019. According to the report, African developers created 40% more open source repositories on the software engineering marketplace in 2019 than in 2018 — recording a higher growth percentage than any other continent globally. Image Credits: ITU World Telecommunication/IOT indicators database/Endeavor.
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. billion investment announced in 2019. Daimler, Paccar, and Volvo all have plans as well.
In 2019, St. “What we do best is transporting large volumes of people on vehicles and managing mass transit,” said Metro Transit executive director Jessica Mefford-Miller. According to the American Public Transportation Association (APTA), ridership and total miles traveled has declined since 2014, including a 2.5%
A second generation — with an identical design but different lidar sensors and few other upgrades — emerged in summer 2019 ahead of its planned commercial launch in Los Angeles. Postmates revealed its first Serve autonomous delivery bot in December 2018.
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.
Raised so far: Undisclosed amount / seed, 1 December 2019. Description: “Starfish Space aims to create an on-demand, in-space transportation and maintenance service for orbiting satellites. ” Starfish Space. ” Vector Photonics.
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.
The company had a $250 million Series E in July 2019, which pushed the company into unicorn status and “past the billion-dollar valuation mark,” CEO Andre Haddad said in a blog post. Cars are available to rent in more than 5,500 cities across four countries, Turo says on its website.
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 defense industry company, LIG Next, collaborated with LG Electronics in 2019 to develop motors used in drones. Furthermore, NCsoft invested KRW 1.5
Back in September 2019, Reliable Robotics flew a Cessna 172 with no one on board in airspace just outside of San Jose, California. . In the first instance, the company is working on automation systems for existing aircraft. The company was founded in 2017, and was operating in stealth mode until last year. .
But in 2019, various policymakers across different parts of the continent signed the African Continental Free Trade Area (AfCFTA) Agreement — a framework for Africa to be a single market for trade and services — to make intra-trade less painful (side note: the agreement is yet to make any significant impact.). .
It's June 15, 2019. The outerboroughs became a lot more important, so public transportation became an issue. The air is a little cool for a summer night and I'm biking home. I'm eyeing the flashing red LED of the bike ahead of me. They even had to redraw the subway map. It took them a while to finally get to one card, one price.
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