Remove board Remove capital Remove innovation Remove micromobility
article thumbnail

The Station: Arrival slashes EV targets, more Tesla FSD controversy and NHTSA loses its captain

TechCrunch

Cliff is headed over to the California Air Resources Board. Micromobbin’ The North American Bikeshare and Scooter Association released its 2021 shared micromobility state of the industry report — and it has some interesting findings. Trips on e-scooters accounted for 49% of total trips taken on shared micromobility.

article thumbnail

SPACs keep rolling as autonomous vehicle startup Aurora targets blank-check debut with $13B valuation

TechCrunch

Aurora Innovation, the autonomous vehicle startup that acquired Uber’s self-driving unit in December, is going public via a merger with special purpose acquisition company Reinvent Technology Partners Y. Venture capital at scale. Hoffman, Pincus and Thompson have promoted a concept that they call “venture capital at scale.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Station: Rounding up the Tesla Cyber Roundup, a Waymo change up and the mysterious disappearance of Bolt Mobility

TechCrunch

Bolt had appeared to be on an upward trajectory last year after acquiring the assets of Last Mile Holdings, which opened up 48 new markets to the micromobility operator. However, there’s also space to push micromobility companies to provide more protections. . a special purpose acquisition company led by Callaway Capital with $146.6

article thumbnail

LG announces the first 50 participants in its LG Nova program

TechCrunch

LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. DUCKT – Universal charging infrastructure solution dedicated to micromobility vehicles: bikes, e-bikes and scooters. Somatix, Inc. TRIPP, Inc.

energy 88
article thumbnail

Extra Crunch roundup: Klaviyo EC-1, micromobility’s second wave, UiPath CFO interview, more

TechCrunch

Several micromobility companies once operated in my city, but consolidation has reduced that to a small handful. This in-depth industry analysis shows how increased regulation on the local level and changing consumer habits are pushing micromobility providers to adapt and innovate. Image Credits: TechCrunch/Bryce Durbin.

article thumbnail

Uber sells self-driving unit Uber ATG in deal that will push Aurora’s valuation to $10B

TechCrunch

Aurora Innovation, the autonomous vehicle startup backed by Sequoia Capital and Amazon, has reached an agreement with Uber to buy the ride-hailing firm’s self-driving unit in a complex deal that will value the combined company at $10 billion. Uber CEO Dara Khosrowshahi will take a board seat in the newly expanded Aurora.

article thumbnail

The Station: Uber’s new battles in the UK, Lucid Motors’ second life plans and Cruise acquires Voyage

TechCrunch

Next week, Extra Crunch will feature stories on the state of holographic tech in vehicles, the second-life battery marketplace and software plays in the micromobility industry. Superpedestrian might not be a household name, but it is an up-and-coming player in the micromobility world. million in Series B capital.