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EV Shuttle and School Bus Manufacturer Endera Gains $49 Million to Support Growth

American Entrepreneurship

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 infusion of capital will enable the company to scale production, expand its product line, and generate new jobs at its world-class production facility in Ottawa, Ohio.

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Bumo’s Innovative Child Care Platform Gains $10M in Seed Funding

American Entrepreneurship

Led by True Ventures and Offline Ventures, with participation from Goodwater Capital and Marketplace Capital, the investment underscores the need for flexible, accessible, and high-quality child care solutions. Rapid Growth and Future Expansion With its new capital, Bumo plans to: Expand into additional U.S.

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Paccurate Raises $8.1 Million Series A Round

HPA

Series A Round , which was led by High Alpha, and includes co-investors Grand Ventures, Springtime Ventures, Las Olas Venture Capital, Tech Square Ventures, and Royal Street Ventures. Paccurate’s platform helps shippers identify their ideal carton suite and enables them to pack orders efficiently.

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Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion

TechCrunch

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.

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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

If your US-based business is adversely affected by Covid-19 such that you would need to lay off employees imminently and having access to capital would enable you to keep more employees on the payroll then you might be eligible. The NVCA (National Venture Capital Association) Guidelines are below. Am I eligible for the PPP Loan?

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

TechCrunch

Merritt Hummer is a partner at Bain Capital Ventures, where she invests in the fintech, e-commerce and proptech sectors. As a venture capital investor in B2B e-commerce companies, I’m carefully watching the industry and have seen several forward-thinking business models emerge for B2B marketplaces. Merritt Hummer. Contributor.

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Former SpaceX engineers bring autonomous, electric rail vehicle startup out of stealth

TechCrunch

Parallel Systems also intends to use the new investment — which was led by Anthos Capital and includes investments from Congruent Ventures, Riot Ventures, Embark Ventures and others — to hire about 60 engineers, most of whom will deal with software, says Soule.