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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 a recent funding round led by South Asia Tech, a growth-stage VC fund that is focused on logistics and e-commerce startups in the region. The startup also has B2B offerings that allow companies to provide daily commutes for their employees.

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Venus Aerospace’s Hypersonic Global Transport Receives Airbus Ventures Funding

American Entrepreneurship

The convergence of technology, talent and funding now makes the vision of one-hour hypersonic global transport within reach—so say the co-founders of Venus Aerospace and its most recent funder Airbus Ventures. They assembled a team of top industry talent to develop and build cost-effective one-hour global transport.

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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 Amazon launched IIF last April to bolster startups addressing challenges across customer fulfillment, logistics and the supply […] © 2023 TechCrunch.

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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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Tive, a startup developing supply chain visibility tools, raises $54M

TechCrunch

Supply chain disruptions — triggered by factors including demand surges, high transportation costs and pandemic-related lockdowns — are expected to continue well into next year, experts predict. Companies are experiencing the brunt of the impact, with 36% of small businesses responding to a 2021 U.S. Last year saw $11.3

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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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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. That figure wasn’t disputed, nor confirmed, though.).