Remove investment Remove micromobility Remove sustainability Remove venture capital
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Zoomo raises $12 million to expand e-bike subscription offerings

TechCrunch

Zoomo also wants to build up its consumer model, which mainly serves couriers but is extending to commuters, and will invest in the development of its next generation of vehicle offerings. “We It also launched a new subsidiary to finance the vehicles, along with its software, to shared micromobility providers.

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Uber spins out delivery robot startup as Serve Robotics

TechCrunch

Serve Robotics, a name taken from the autonomous sidewalk delivery bot that was developed and piloted by Postmates X, has raised seed funding in a round led by venture capital firm Neo. Instead, Uber handed over its equity in ATG and invested $400 million into Aurora, which gave it a 26% stake in the combined company.

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Daily Crunch: Pentagon locks down unsecured email server that exposed sensitive military data

TechCrunch

Success breeds IPO : Shared vehicle company Lime reported its first profitable year, with Rebecca writing that “Lime has figured out how to make shared micromobility a sustainable business.” Manish writes that this investment marks the largest check Amazon’s Smbhav Venture Fund has written thus far. Aria has more.

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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. Will once-bootstrapped startups turn to venture during a watershed moment?

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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.

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

TechCrunch

It is another milestone in our journey to make mobility safe, affordable, accessible, and sustainable by deploying high-performance technologies and operators. The latest funding round that was led by global private equity platform, Lightrock, which is making its first investment in the African mobility space.

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Highlights from Berkeley SkyDeck’s virtual demo day

TechCrunch

Notable alumni include micromobility unicorn, Lime, and delivery robotics firm, Kiwi. In fact, in mid-March, the startup signed a partnership with Canadian Tire and the Ontario government, as part of a $3 million investment in an autonomous middle-mile trucking solution.