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Magna enters the micromobility and battery swapping market

TechCrunch

Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. Magna’s investment is part of Yulu’s $83 million Series B, in which Bajaj Auto also participated.

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Advanced rider assistance systems: Tech spawned by the politics of micromobility

TechCrunch

The desire to achieve something as simple as keeping shared electric scooters off sidewalks has driven the development of some advanced technology in the micromobility industry. And, it’s far cheaper than trying to police rider behavior themselves, or, address the lack of protected cycling infrastructure.

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Korean micromobility startup Swing grabs $24M for growth, expands to Japan 

TechCrunch

Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . The funding was led by White Star Capital, which also invested in Berlin-based Tier Mobility, and included existing backer Hashed, among others.

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Acton’s latest acquisition hints at the future of docked micromobility

TechCrunch

The term “shared micromobility” often calls to mind that Lime e-bike on the nearest street corner or the Voi e-scooter parked next to the bus stop, either of which could on any given day be standing upright or knocked over onto the pavement. That might be changing. Acton , a U.S.

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Singapore’s Neuron is taking the slow and steady approach to micromobility

TechCrunch

million Series B round, bringing its total capital investment to $77.7 The shared micromobility company with a presence in Australia, New Zealand, South Korea, the U.K. The shared micromobility company with a presence in Australia, New Zealand, South Korea, the U.K. Singapore’s Neuron Mobility has raised a $43.5

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PANDEMIC VENTURE INVESTMENT SERIES EPISODE 2: MOBILITY

OurCrowd

“The entire way in which people and goods move around has changed,” Machluf said in the second episode of the Pandemic Venture Investment Series , co-sponsored by OurCrowd and Anthony Scaramucci’s SALT. When you can lower your costs, your market and the promise becomes so much bigger for micromobility,” he said.

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Electric utility bike company Ubco scores $10M strategic investment with TPK

TechCrunch

As part of the agreement, TPK will be leading Ubco’s Series B with a $10 million investment, bringing the company’s total funding to $23 million. TPK also invested in Ubco’s $10 million convertible note round in June , alongside a range of U.S. Ubco 2X2 Adventure Bike review: Utility that shreds. ”