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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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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

They were brought back together by the pandemic to start the e-commerce enablement company. Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. .

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Fuel Me Raises $18 Million Series A Round

HPA

Focusing on mission-critical energy needs across industries like data centers, construction, and transportation. “This funding marks a significant milestone, enabling Fuel Me to accelerate the development of advanced technology while continuing to deliver unparalleled service to our customers.

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Indonesian Fleet-Tracking Startup TransTRACK Secures US$2.1 M in Funding for Regional Growth

AsiaTechDaily

TransTRACK is a technology enabler startup that focuses on digitizing fleet operations. Their offerings include a fleet management system, transportation management system, and truck appointment system. The transportation and warehousing sector witnessed remarkable production growth in 2022, with a staggering increase of 19.87

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BuuPass raises $1.3M to scale mobility sector digitization in Africa

TechCrunch

The public transport sector in Kenya is largely traditional and a majority of operators, especially those in road travel, still require their clients to physically book tickets at their offices even when making advance travel plans. Others do not have provisions for seat reservation.

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Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

TechCrunch

The investment will be used to accelerate the development and commercialization of GB’s AI and 3D vision-based “autonomous mobile robots” or “AMRs” These perform simple tasks such as transporting, picking up and dropping off products in order to free up humans to perform more valuable tasks.

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Ethernovia’s $64 Million in Funding Advances Vehicle Networks

American Entrepreneurship

The automotive startup is developing data transport and acceleration technology for automobile networks that support autonomous driving and electrical vehicles (EV). Advanced Driver-Assisted Systems (ADAS), autonomous driving (AD) and the ecosystem of customer software delivered Over the Air (OTA) require efficient data transport.