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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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Venus Aerospace’s Hypersonic Global Transport Receives Airbus Ventures Funding

American Entrepreneurship

Latest funding supports next phase of flight-redefining growth Possibly we are in an era of grand visions, not just big dreams. 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.

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[Virgin Hyperloop One in Intelligent Transport] Industry stakeholders sign agreement to support the development of hyperloop in Europe

OurCrowd

The post [Virgin Hyperloop One in Intelligent Transport] Industry stakeholders sign agreement to support the development of hyperloop in Europe appeared first on OurCrowd Blog. Read more here.

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

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Z?m wins $150M from San Francisco schools to modernize and electrify student transport

TechCrunch

m, a startup that wants to upgrade student transportation, a five-year $150 million contract to modernize its transport service throughout the district. m’s transportation solution for SFUSD is expected to save the district $3 million per year on average, based on the cost of the incumbent’s solution. m told TechCrunch.

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Gitai Gets ¥4 billion Funding to Develop Space Robots, Aims to Reduce Labor Costs by 100 Times

AsiaTechDaily

Register Gitai, a Tokyo-based startup, has recently closed a 4 billion yen funding round to accelerate the development of its remotely-controlled robots for space exploration. The company aims to address the challenges and risks associated with human labor in space by developing advanced robotics technology.