Remove financing Remove micromobility Remove sustainability Remove venture capital
article thumbnail

Zoomo raises $12 million to expand e-bike subscription offerings

TechCrunch

“Their expectations for quality commercial vehicles, on demand service, flexible financing and tech enabled security features spurred us to innovate. It’s a tall order, and Zoomo’s strategy could be leading a new trend in micromobility of being a one-stop shop that promises quick scalability.

article thumbnail

Nigerian mobility-tech startup MAX bags $31 million in Series B round, set to expand across Africa, build EV infrastructure

TechCrunch

The funds will also be used to extend vehicle financing credit to over 100,000 drivers in the next two years. The startup introduced vehicle financing in 2018, and in just over two years, CFO Guy-Bertrand Njoya told TechCrunch, the churn rate by drivers affiliated to them has crashed to “close to zero.”. “We

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TechCrunch+ roundup: SBA startup loans, quarterly board decks, bootstrappers’ delight

TechCrunch

. “Once you’ve already raised a bunch of ventures, you’re kind of building a business for venture scale, whereas if you are bootstrapped … you can be really really opportunistic about what that right time is,” he told Natasha Mascarenhas. US startups seeking funds shouldn’t overlook financing from the government. .

board 83
article thumbnail

Extra Crunch roundup: Klaviyo EC-1, micromobility’s second wave, UiPath CFO interview, more

TechCrunch

Several micromobility companies once operated in my city, but consolidation has reduced that to a small handful. This in-depth industry analysis shows how increased regulation on the local level and changing consumer habits are pushing micromobility providers to adapt and innovate. Image Credits: TechCrunch/Bryce Durbin.

article thumbnail

Extra Crunch roundup: Unpacking BuzzFeed’s SPAC, curb your meeting enthusiasm, more

TechCrunch

It’s hard to pin down where Shein is from,” answered Richard Xu from Grand View Capital, a Chinese venture capital firm. Image Credits: MaC Venture Capital / Wonderschool. Veo CEO Candice Xie has a plan for building a sustainable scooter company, and it’s working. Here’s how to avoid that situation.

article thumbnail

Cruise and Waymo score a win and a surprising deal between electric aircraft rivals

TechCrunch

It’s the shared micromobility operator that has gained a rep for growing at a steady, sustainable pace, rather than moving fast and breaking things? NABSA ’s fourth annual state of shared micromobility report shows that ridership in North America has returned to pre-pandemic levels. Micromobbin’ You remember Veo , right?

article thumbnail

6 Oslo VCs discuss 2021 trends, deal flow and regional opportunities

TechCrunch

The Nordic countries make up just 4% of Europe’s total population, but they account for a significant amount of venture capital investment. In Norway, sustainability-focused companies. Leading support and growth financing initiatives: Innovation Norway, funds, etc.