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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. billion, based on a 1.5x multiple on GMV of €3.5

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Ethernovia’s $64 Million in Funding Advances Vehicle Networks

American Entrepreneurship

Vehicle networks to drive down cost and complexity while improving power efficiency in next-generation architectures Capital continues to flow to technologies that are driving the future of the automotive industry, as seen in the recent announcement made by startup Ethernovia, Inc. having recently completed a $64 million A-round.

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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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Bolt raises $182M to expand its on-demand transportation network in Europe and Africa

TechCrunch

In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and ( most recently ) on bikes across developed and emerging markets in EMEA is announcing a major round of funding. billion ($4.3 billion). .

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Finding Founder-Market-Geography Fit

Revolution

At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. Rail Network : Atlanta offers access to both Norfolk Southern and CSX Transportation. Plastomics: St.

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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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ZEBOX expands global accelerator network to Singapore with Asia Pacific hub Launch

AsiaTechDaily

The new hub in Singapore will address business and sustainability challenges in sectors such as supply chains, logistics, transport, and energy, in vibrant and fast-growing Asian markets. The ZEBOX Asia Pacific hub has the support of Enterprise Singapore and the Maritime Port Authority of Singapore (MPA).