article thumbnail

Korean micromobility startup Swing grabs $24M for growth, expands to JapanĀ 

TechCrunch

Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . Why micromobility may emerge from the pandemic stronger than before.

article thumbnail

Advanced rider assistance systems: Tech spawned by the politics of micromobility

TechCrunch

The desire to achieve something as simple as keeping shared electric scooters off sidewalks has driven the development of some advanced technology in the micromobility industry. We want to enable this kind of maturation of the industry.” And so that’s the true driver of the need for this.”

Insiders

Sign Up for our Newsletter

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

article thumbnail

Uber sells air taxi business Elevate to Joby Aviation, shedding its last moonshot

TechCrunch

Last year, Uber and Joby, which is developing an all-electric, vertical take-off and landing passenger aircraft, signed on as a vehicle partner for Uberā€™s Elevate initiative. In the spring, Uber led a $170 million funding round in micromobility startup Lime. As part of the deal, Lime acquired Uber’s micromobility subsidiary Jump.

article thumbnail

Tier Mobilityā€™s buy of Fantasmo brings camera positioning tech in-house

TechCrunch

Shared micromobility company Tier Mobility said on Wednesday it has acquired Fantasmo , a U.S.-based Fantasmo has other micromobility operators in its portfolio, including Helbiz. Bird developed a similar tech in-house. With Tier’s backing, that number will likely grow, but not just for Tier’s benefit.

article thumbnail

Zoomo raises $12 million to expand e-bike subscription offerings

TechCrunch

Zoomo also wants to build up its consumer model, which mainly serves couriers but is extending to commuters, and will invest in the development of its next generation of vehicle offerings. ā€œWe It also launched a new subsidiary to finance the vehicles, along with its software, to shared micromobility providers.

article thumbnail

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

TechCrunch

Micromobbin’ The North American Bikeshare and Scooter Association released its 2021 shared micromobility state of the industry report ā€” and it has some interesting findings. Trips on e-scooters accounted for 49% of total trips taken on shared micromobility. 63% of riders said they used micromobility to connect to public transit.

article thumbnail

E-scooter operator Neuron Mobility bags $43.5m to expand globally

AsiaTechDaily

Increasingly, cities are choosing to limit the number of micromobility operators by awarding long-term contracts to the best operators which prioritize managing e-scooters and e-bikes in a sustainable and responsible way. The company also increased its global footprint with city launches in the United Kingdom and South Korea.