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Maniv ‘s third Venture Fund focuses on Decarbonization and Digitalization of Transportation

American Entrepreneurship

Venture capital firm made an early commitment to mobility, transportation and energy Global venture capital firm Maniv, based in Tel Aviv and NYC, is advancing solutions to climate change via its recently announced early-stage venture fund of $140 million.

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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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South African car subscription service Planet42 raises $100M equity, debt

TechCrunch

According to the company, the new financing, comprised of equity, credit facility and debt, will rapidly scale its business and provide a million cars globally to people excluded from traditional car financing. Safe and reliable transport is a key driver of social and economic inclusion in emerging economies.

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Moove raises $105M to scale its vehicle financing product across Asia, Europe and MENA

TechCrunch

Moove , an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $105 million in new Series A2 financing. Africa is home to more than a billion people, where a majority have limited or no access to vehicle financing. that same year.

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BasiGo secures $4.3 million in seed funding to accelerate mass transit EV adoption in Kenya

TechCrunch

They understand this extraordinary moment of opportunity and urgency as time runs out for the world to make a meaningful impact on climate emissions,” said BasiGo co-founder and CEO, Jit Bhattacharya. BasiGo plans to supply over 1,000 mass transit electric buses to transport operators in Nairobi over the next five years.

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Francophone African super app Gozem grabs $5M to expand and offer more services

TechCrunch

Gozem , a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the company confirmed to TechCrunch. firm Plug and Play Ventures, Launch Africa, BANSEA and Virtual Network.

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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. “[The latest investment] is primarily going to be used for land-grab and expansion opportunities,” Komoni said.