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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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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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Fuel Me Raises $18 Million Series A Round

HPA

Focusing on mission-critical energy needs across industries like data centers, construction, and transportation. Fuel Me provides efficient fuel operations through an aggregated nationwide fuel procurement vendor network. Fuel Me will expand its enterprise customer base and enhance its platform through this financing. “We

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

TechCrunch

The support and knowledge of this investor group will catalyze BasiGo in its mission to make East Africa a leader in inclusive, sustainable bus transport,” he said. BasiGo plans to supply over 1,000 mass transit electric buses to transport operators in Nairobi over the next five years. Image Credits: BasiGo.

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Einride brings its electric trucks to UK freight sector in partnership with PepsiCo

TechCrunch

billion tonnes of goods that are transported by road freight in the U.K “With this initial deployment, we’re looking forward to better understanding the potential role electric trucks can play in our transport operations,” Archana Jagannathan, PepsiCo UK’s head of sustainability, said in a statement. Its first U.K.

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ChargerHelp co-founder, CEO Kameale C. Terry is heading to TC Sessions: Mobility 2021

TechCrunch

, she joined the Los Angeles Cleantech Incubator, where she developed a first-of-its-kind EV Network Technician Training Curriculum. Shortly after, Terry and Ellis were accepted into Elemental Excelerator’s startup incubator and have landed contracts with major EV charging network providers like EV Connect and SparkCharge.

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