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Rightbot, which is developing robots to unload freight, lands investment from Amazon

TechCrunch

Rightbot, a startup developing suction-based robots that can unload truck-transported freight in a range of sizes, has raised $6.25 million in a funding round led by Amazon’s Industrial Innovation Fund (IIF) with participation from SOSV and Entrepreneur First.

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Google’s Africa Investment Fund makes first investment in Uganda’s SafeBoda

TechCrunch

Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. Google sets up $50M fund to invest in African startups. We are focusing on investments where we believe that Google could add value,” the managing director said in October.

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Spirit of innovation demonstrated in land transport sector

NZ Entrepreneur

A number of startups and entrepreneurial initiatives working to address challenges in the transport sector have been approved for funding in round one of the Waka Kotahi Hoe ki angitū- Innovation Fund , with a second round of challenges now announced. The fund will run for two years, and its aim is to make transport greener and safer.

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Bangladesh transport tech startup Shuttle raises $1.5m

AsiaTechDaily

Register Bangladeshi transport-tech startup Shuttle now has a total of $2.5 million in investments after it raised $1.5 With the additional investment, Shuttle gets a boost in its plan to expand its footprint across the country. The post Bangladesh transport tech startup Shuttle raises $1.5m Username or Email Address.

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IFC backs Bolt with $24M to expand its transportation network in emerging markets

TechCrunch

Bolt , an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets.

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Pilot Operation of “PanTA-G Bus,” Self-driving Public Transportation, in Gyeonggi-do: Pangyo Techno Valley is Becoming an R&D Hub for Self-driving Technology

AsiaTechDaily

Register Gyeonggi-do is set to commence the pilot operation of its domestic public transportation service, the ‘Panta G Bus,’ which is fortified with self-driving technology, at Pangyo Techno Valley. Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet?

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Finding Founder-Market-Geography Fit

Revolution

In 2017, we partnered with iconic leaders in American business to turn the thesis we developed on the road — that great companies can start and scale anywhere when given a chance — into an investment vehicle. In the last decade, we’ve socialized several Rise of the Rest-isms to describe investments that check those boxes.

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