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Z?m wins $150M from San Francisco schools to modernize and electrify student transport

TechCrunch

m, a startup that wants to upgrade student transportation, a five-year $150 million contract to modernize its transport service throughout the district. m’s transportation solution for SFUSD is expected to save the district $3 million per year on average, based on the cost of the incumbent’s solution. Aside from Z?

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Local Motors, the startup behind the Olli autonomous shuttle, has shut down

TechCrunch

Experiencing first-hand the skill and dedication of the people I worked with, I have no doubt AVs (like Olli) are the future of transportation.” The first generation of the shuttle debuted in 2016 in National Harbor, Maryland at a mixed-use development. “Local Motors has closed its doors.

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Optibus taps $100M at a $1.3B valuation for its AI-based mass transit operations platform

TechCrunch

Optibus , which uses AI to help public transportation bodies and their mass transit partners plan and operate their networks, has raised $100 million, funding that it will be using to continue expanding its product set and wider business footprint, CEO and co-founder Amos Haggiag said in an interview in London this week.

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

TechCrunch

The Station is a weekly newsletter dedicated to all things transportation. I don’t have much to say about this since anyone who follows the most basic tenets of society and uses logic understands it is wrong and ridiculous. Cliff is headed over to the California Air Resources Board. It has sat vacant since 2017.

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Reliable Robotics lifts $100M to take autonomous cargo planes where none have gone before

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. . The company is also evaluating emerging electric and hybrid aircraft platforms.

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SoftBank, Volvo back Flock Freight with $113.5M to help shippers share the load

TechCrunch

Ervin Tu, managing partner at SoftBank Investment Advisers, will join Flock Freight’s board. A slew of startups have popped up in the past several years all aiming to use technology to transform trucking — the backbone of the U.S. The funds will be used to hire more employees; it has 129 employees to date.

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U.K. quantum computing startup Quantum Motion raises $50.5M

TechCrunch

Use-cases may include accelerating new drug discoveries, or powering the vast amount of data processing required for AI applications. The earliest impact will be in areas related to materials science including energy materials, chemistry such as drug discovery, or optimization — possibly stretching to logistics and transport.”

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