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Venus Aerospace’s Hypersonic Global Transport Receives Airbus Ventures Funding

American Entrepreneurship

With AI bursting all around us and the James Webb Space Telescope sending back stunning images from the universe, new and bold ventures continue to emerge. They assembled a team of top industry talent to develop and build cost-effective one-hour global transport.

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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 Shuttle is a mass-transit startup that provides safe transportation to people in Bangadesh at an affordable fare. Shuttle’s other investors include SBK Tech Ventures, South Korean VC firm The Ventures, the BAN, and local/global angels.

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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.).

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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. This has been costly.

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McEasy is digitizing Indonesia’s logistics, transportation and supply chain industries

TechCrunch

The startup, which develops software-as-a-service solutions for the logistics and supply chain industry, has raised $6.5 million in Series A funding led by East Ventures. The new capital will be used on developing products for SMEs and establishing a stronger foothold in Indonesia’s Tier 2 and Tier 3 cities.

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Charge+ and TRIVE Venture Capital Partner for Southeast Asia’s Electric Mobility Push

AsiaTechDaily

The company recently secured funding in a Series A round, which was led by TRIVE Venture Capital , a Singapore-based firm specializing in early-stage high-growth technology companies. Charge+ holds an existing contract with the Singapore Land Transport Authority to supply approximately 4,000 EV charging points in housing estate car parks.

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Venture Capital Firm Goodwater Secures $1 Billion in New Funding

AsiaTechDaily

Register Venture capital firm Goodwater has concluded its latest funding round, raising $1 billion in capital commitments for its fifth early-stage and third opportunity-style funds. Founded in 2014 by industry veterans Chi-Hua Chien and Eric Kim, Goodwater is the largest venture capital fund focused on consumer tech investments.