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EV startup Zypp Electric nabs $25M to hit 30 Indian cities by 2025

TechCrunch

Zypp Electric will use the funds to expand its fleet from 10,000 to 200,000 bikes and widen its footprint to 30 Indian cities by December 2025. Gupta told TechCrunch that as part of Zypp Electric’s goal to reach 200,000 bikes by 2025, the company will deploy 50,000 this year and 100,000 next year. million, including $7.5

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AppHarvest is now APPH: Rise of the Rest’s First Publicly Traded Company

Revolution

Having the opportunity to learn from the founders you back is by far one of the most rewarding parts of being a venture capital investor. In response, AppHarvest has plans to launch 12 large-scale greenhouses by 2025. Anna Mason serves on the board of APPH. and should?—?be be able to start and scale anywhere in the country.

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Australia’s Avarni raises $3m to speed up decarbonization efforts

AsiaTechDaily

Register Australian carbon management startup Avarni raised $3 million to streamline the future of carbon management in a funding round led by deep tech venture firm Main Sequence. The funding round was also participated by Vulpes Ventures and Common Sense Ventures, Avarni said in a statement.

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Virtual Incision Extends Series C Round with Additional $30M Funding

American Entrepreneurship

The round was led by current investors Bluestem Capital, Endeavour Vision, Baird Capital, cultivate(MD) Capital Funds, and PrairieGold Venture Partners, as well as new health-tech investors Arboretum Ventures and InVivium Capital.

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Nigerian startup Klasha gets an additional $2.1M for its cross-border commerce play

TechCrunch

The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors co-led by American Express (AMEX) Ventures, the strategic investment group of American Express. This investment is AMEX Ventures’ first in an African startup.

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Pull Systems launches out of Up.Labs-Porsche partnership to tackle EV performance

TechCrunch

When Porsche partnered with venture studio UP.Labs , the mission was to create six startups over three years all designed to solve the German automaker’s biggest problems and be compelling enough as a standalone business it that can attract other customers. Porsche is its first corporate partner.

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

TechCrunch

The startup has a dazzling list of investors, from Kai-Fu Lee’s Sinovation Ventures and the government of Suzhou, to Mercedes-Benz maker Daimler. 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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