Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024


Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024.

[OurCrowd CIO Dr. Hasanat Dewan in Zawya] Microsoft cloud to generate $27bln revenues, 69K new jobs in UAE by 2024


Microsoft’s cloud ecosystem will generate $27 billion in new revenues by 2024 in the UAE, according to a research by the International Data Corporation (IDC).


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Why I Bought Roblox Shares, Despite Disliking Their Games


billion in 2024. I've spent some time on Roblox. My reason is simple. I have a 10 year old son, and he likes loves it (second only to Minecraft). I'll be honest. I do not like the games on Roblox. I find them formulaic and repetitive.

3 steps to ease the transition to a no-code company


Gartner predicts low/no-code will represent 65% of all app development by 2024. Katherine Kostereva. Contributor. Share on Twitter. Katherine Kostereva is CEO and managing partner of Creatio , a global software company providing a leading low-code platform for process management and CRM.

Google and Snap in talks to invest in India’s ShareChat


“We estimate this market to be $10 billion by 2024 and see room for Facebook to increase its market-share by 4 percentage points in 4 years led by partnership with Jio. billion revenues by 2024,” they wrote in the equity research report, obtained by TechCrunch. ShareChat, an Indian social network that added Twitter as an investor in 2019 , may soon receive the backing of two more American firms.

Digital Transformation Is Crucial for Longevity According to Cisco Study

Smart Hustle Magazine

IDC’s analysis of data from eight countries finds the massive impact digitalization can have on GDP by 2024. trillion to the combined GDP of these eight countries by 2024. trillion to the region’s economy by 2024.

Pegasus Tech Ventures and Japanet launch new $50M fund to bring global startups to Nagasaki


These include a building project called Stadium City in Nagasaki that will open in 2024. Pegasus Tech Ventures , a firm that helps corporations launch startup investment funds, announced a new partnership with Japanet today.

NASA wants new and innovative storytelling tech to document its Artemis moon missions


Artemis, NASA’s series of missions that will include a return trip to the moon’s surface currently set for 2024, will also be squarely in the public eye over the course of the next decade at least.

Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round


It aims to remove some safety drivers from its robotaxis, which it jointly operates with auto partners , in 2022, and expects all of its vehicles to go driverless in 2024. Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024. And by 2024 or 2025, Momenta’s solutions could be powering millions of vehicles, which should provide a steady stream of driving data to the startup.

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E-commerce fulfillment platform Shippit raises $22.2 million led by Tiger Global


trillion in 2024, at a compound annual growth rate of 11.3%. Shippit , a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 million USD) Series B led by Tiger Global, with participation from Jason Lenga.

Rocket Lab to go public via SPAC at valuation of $4.1 billion


Currently, it says it has a backlog of customers, with a projection that it will be “EBITDA positive” in 2023 after adjustments, and fully cash-flow positive by 2024, with a projected run rate of over $1 billion in revenue by 2026.

Joby Aviation takes flight into the public markets via a SPAC merger


Joby plans to use the capital to fund the launch of passenger service, which is expected to begin in 2024.

Self Service Advertising – Walmart, Hulu – Chasing Small Businesses

Smart Hustle Magazine

Billion by 2024. If you’re thinking about exploring other ad platforms beyond Facebook and Google, you have more options now than ever. With their self-service advertising tools, new players like Hulu and Walmart are trying to lure small business owners to run effective advertising campaigns.

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B2B marketplaces will be the next billion-dollar e-commerce startups


trillion in sales by 2024 , up from an estimated $680 billion in 2018, according to payments research firm iBe TSD. Merritt Hummer. Contributor. Share on Twitter. Merritt Hummer is a partner at Bain Capital Ventures, where she invests in the fintech, e-commerce and proptech sectors.

First Boulevard raises $5M for its digital bank aimed at Black America


trillion by 2024,” Miah said. The murder of George Floyd last May ignited many things in the United States last year — one of which that was perhaps unexpected: a rise in the number of digital banks targeting the Black community.

Will tech kill your job?


By 2024, ninety percent of the global population will have regular Internet access. Close. Stop me if you’ve heard this story before. “My My job as a (newspaper publisher telephone installer, stockbroker, travel agent, retail store manager) is safe as this economy continues to grow.” Thought so. We are in a decade of creative destruction that will affect most everybody.

Looking to decarbonize the metal industry, Bill Gates-backed Boston Metal raises $50 million


The company will look to have a semi-industrial cell line operating in Woburn by the end of 2022, and by 2024 or 2025 hopes to have its first demonstration plant up and running. Steel production accounts for roughly 8% of the emissions that contribute to global climate change.

AEye becomes latest lidar company to go public via SPAC


By 2024, AEye forecasts $175 million in revenue and says it will be positive EBITDA by the second half of the year.

Starting an E-Commerce Business in 2021? Keep These 6 Key Trends in Mind


The on-demand manufacturing market is expected to reach about $112 billion by 2024 , growing at an astounding 19.8% If you’re thinking about starting an e-commerce business, you’re in good company.

Genesis raises $45M to expand its fintech-focussed low-code platform to more verticals


The trend is one that analysts forecast will only grow in the coming years: Gartner, for example, says that by 2024, low-code platforms will account for no less than 65% of all app development activity.

Content discovery platform Dable closes $12 million Series C at $90 million valuation to accelerate its global expansion


The company’s goal is to become the “most utilized personalized recommendation platform in at last 30 countries by 2024.” Launched in South Korea five years ago, content discovery platform Dable now serves a total of six markets in Asia.

‘Flying taxi’ startup Volocopter picks up another $241M, says service is now two years out


“Paris and Singapore are in pole position [as the first cities], where Paris wants to have electric air taxis established for the 2024 Olympics. In a year where mass transit on airplanes, trains and buses has had lower traveler numbers in the wake of the COVID-19 pandemic, one of the startups hoping to pioneer a totally new approach to getting individuals from A to B — flying taxis — has raised some significant funding.

Chatbots: How One Small Business Owner Uses AI to Grow

Smart Hustle Magazine

billion by 2024. . I’m a tech guy, so I was excited when chatbots became more popular. But even I was surprised to find that chatbox use is growing so fast. According to one report , the U.S. chatbot market was $2.6 billion in 2019 and is predicted to reach $9.4

Extra Crunch’s top 10 stories of 2020


trillion by 2024. I edited hundreds of stories in 2020, so choosing my favorites would be an exercise in futility. Instead, I’ve tried to gather a sample of Extra Crunch stories that taught me something new.

Space Perspective raises $7M for its plan to ferry tourists to the edge of space


From there, the plan is to test and develop systems necessary for Neptune to take up its first human passengers, with the goal of doing that by sometime around 2024, with ticket pre-sales launching from 2021 for interested, deep-pocketed parties.

Malta’s energy storage tech to stabilize electricity grids reliant on renewables gets $50 million


The company is currently working on its first commercial scale plant, which it expects to commission in the 2024 or 2025 time frame. As energy grids transition away from fossil fuels and toward the use of zero emission sources of power from primarily renewable energy sources, they’re going to need an ability to store and then use the massive amounts of energy that’s only generated intermittently by the sun and wind.

Extra Crunch roundup: B2B marketplaces, edtech M&A, breaking into the $1M ARR club


trillion by 2024. I’ve worked at TechCrunch for a little over a year, but this was one of the hardest weeks on the job so far. Like many people, I’ve been distracted in recent days. As I write this, I have one eye on my keyboard and another on a TV that sporadically broadcasts election results from battleground states.

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Axiom Space raises $130 million for its commercial space station ambitions


The Houston-based company aims to put its ISS modules on the station by 2024, and it has raised $150 million to date.

Newsletter: Safer Scooters in Rome + SEC’s Historic Decision + El Al in Abu Dhabi


billion by 2024. Safer Scooters on the Streets of Rome, Heading to London Trials. LINK, the shared electric scooter service created by OurCrowd portfolio company Superpedestrian , launches in Rome in September.

Rocket Lab debuts plans for a new, larger, reusable rocket for launching satellite constellations


The rocket will launch from Rocket Lab’s Wallops, Virginia facility, and since there’s already a launch pad in place for it, the company expects it’ll be able to fly Neutron for the first time by 2024.

SentinelOne, an AI-based endpoint security firm, confirms $267M raise on a $3.1B valuation


billion by 2024. This year, more than ever before because of the COVID-19 pandemic, huge droves of workers and consumers have been turning to the internet to communicate, get things done and entertain themselves.