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Endera, a rapidly growing leader in the electric vehicle (EV) industry, has secured $49 million to propel its mission to revolutionize the American transportation sector. The company designs and manufactures the vehicles, develops the proprietary powertrain technology, and offers fleet management softwareall under one roof.
She has worked with companies from all sectors, including Transportation, Telecom, and Manufacturing companies to guide their Supply Chain and Inventory strategies. We plan to refine our technology further to ensure it continues to meet the evolving needs of our customers. What are your future plans for yourstartup?
Surgicure Technologies, a pioneering, female-owned medical device company with a mission is to transform airway management. The Visionary Behind Surgicure Technologies At the heart of Surgicure Technologies is Irena King , a dedicated and passionate innovator focused on improving patient care through advanced medical solutions.
Benefits of AI automation Key components and technologies that AI automation uses How to implement AI automation AI automation use cases Examples of AI automation processes What's the difference between AI automation and RPA? Here's a rundown of some of the essential tools and technologies that power AI automation.
HPA is excited to announce our investment in Paccurate’s $8.1M Brands and 3PLs are saving up to 15% on transportation costs and reducing their carbon footprints. ” Paccurate’s patented technology includes a lightweight API that suggests the optimal packing solution for every shipment. .
Led by True Ventures and Offline Ventures, with participation from Goodwater Capital and Marketplace Capital, the investment underscores the need for flexible, accessible, and high-quality child care solutions. It is about supporting working parents, especially mothers, who are disproportionately affected by child care challenges.
Mayor Bill DeBlasio is on the verge of making NYC one of the most unfriendly cities in the world for technology companies to operate. It first started with Airbnb, which got caught in a crackdown aimed at people who turn "affordable" residential housing into full time hotel space. Has Via, the new bus service come under fire?
In 2017, we partnered with iconic leaders in American business to turn the thesis we developed on the road — that great companies can start and scale anywhere when given a chance — into an investment vehicle. In the last decade, we’ve socialized several Rise of the Rest-isms to describe investments that check those boxes.
Register Gyeonggi-do is set to commence the pilot operation of its domestic public transportation service, the ‘Panta G Bus,’ which is fortified with self-driving technology, at Pangyo Techno Valley. Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet?
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.
million from GSX-listed transportation firm ComfortDelGro Corporation. In a statement, the company said that ComfortDelGro is the first strategic LP from Southeast Asia that invested on Shift4Good, which hit a first close of about $98 million for its debut fund in October 2022.
This was certainly the case when I invested in a small YouTube video production company called Maker Studios that recently sold to Disney for just shy of $1 billion. But if it’s a very obvious deal to a group of strong-minded & cynical investment professionals you probably need to think a bit harder as to why.
The press around the raise & company was fantastic and the promise of their technology – wireless charging that works as easily as WiFi – would positively affect many of our lives. In fact, the headline of one read, “How Putting $10m into uBeam illustrates everything that is wrong with tech investing today.”
It's even more relevant now that I've started the first venture capital fund in Brooklyn-- Brooklyn Bridge Ventures --and invested in four Brooklyn based companies. Want to get involved in this community in some way--working for these companies, moving here to start one, angel investing, bringing more creative space online?
As I look upon the current state of the economy and the challenges that we face as an investor, it strikes me as being very clear what kind of an economy will work best if I’m seeking investment returns going forward—and that is a more progressive one. Forty years ago, access to consumers was much more open than it is today.
We named this summit after a report we wrote with Pitchbook at the end of 2021 to explore the impact of the pandemic on investment patterns. Roads, bridges, and transport will make or break a city’s ability to grow its startup ecosystem and talent pool. Infrastructure touches everything.
They are invested not only in their own endeavors, but want to see the community as a whole thrive and “are likely to remain in their community and be committed to philanthropy and community service,” according to the Grow Your Own guide. Distance and transportation. during the next three years , the equivalent of $84.5
Nancy Pfund is founder and managing partner of DBL Partners , a venture capital firm whose goal is to combine top-tier financial returns with meaningful social, environmental and economic returns in the regions and sectors in which it invests. I believe that agriculture can be a leading climate solution while feeding a growing population.
The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. . The Frontier Fund is a step outside of mobility.
million jobs due to Google’s $1 billion investment in the continent. The continent’s investment story. The report first highlights the growth of venture capital on the continent over the past six years; within this period, investments in African startups have grown 18x. Image Credits: Crunchbase/Endeavor.
Parallel Systems also intends to use the new investment — which was led by Anthos Capital and includes investments from Congruent Ventures, Riot Ventures, Embark Ventures and others — to hire about 60 engineers, most of whom will deal with software, says Soule.
Chipmaking giant Nvidia is investing $10 million in Uber spinout Serve Robotics, funds the startup will use to further expand its sidewalk delivery robot service outside Los Angeles and San Francisco. Nvidia hopes to use lessons from its partnership with Serve to improve its technology in the nascent robotic space, said Andrews.
Register The third edition of BEYOND International Technology Innovation Expo (BEYOND Expo) returns to its real-world conference format in Macao from May 10 to 12, 2023. The BEYOND Sustainability Summit will focus on green cities and infrastructure, alternative energy solutions, green transportation, food and agriculture, and green logistics.
There was what seemed like an endless stream of bombshell announcements for four months: Alphabet’s Waymo unit filed a lawsuit against Uber claiming that a former Waymo employee, Anthony Levandowski, stole secrets related to autonomous vehicle technology. Some people don’t like to take responsibility for their own s.
Merritt Hummer is a partner at Bain Capital Ventures, where she invests in the fintech, e-commerce and proptech sectors. The B2B e-commerce industry has broad reach, encompassing everything from commerce infrastructure and payments technology to procurement and supply-chain solutions. Merritt Hummer. Contributor. Share on Twitter.
I’ve always believed that technology has the ability to do a tremendous amount of good and help humans thrive and achieve things that once seemed impossible. Technology is meant to be the great equalizer, not a source of division. Unfortunately, the gap between the haves and have nots is widening across the U.S.
However, as she began working and learning about the local transportation needs of Detroit’s residents, Robinson recognized the opportunity to not only make a difference in the mobility sector, but to also be involved in a meaningful way in making positive change in her newfound community.
Register Malaysia’s Ministry of Science, Technology, and Innovation ( Mosti ) plans to push emerging technology and promote Science, Technology, Engineering, and Mathematics (STEM) education within the framework of Budget 2024. Minister Chang Lih Kang has outlined these focus areas in Mosti’s budgetary proposals.
Welcoming Place Exchange to the Revolution Ventures Portfolio Today, Revolution Ventures is thrilled to announce an investment in Place Exchange , the leading platform for programmatic out-of-home (OOH) advertising. Ted and I have con-invested together for nearly two decades. So, what exactly is Out-of-Home Advertising?
The shipping business in Africa has for years been inefficient and costly due to the traditional ways of managing operations – traditional in the sense that a shipper has to physically look for a transporter, sometimes through a middle-man, and often, once goods are delivered, the trucks almost always make the return trip empty.
On Tuesday, July 9, 2024, Ben Franklin Technology Partners hosted a virtual pitch event for their TechCelerator Startup Bootcamp. Eight entrepreneurial teams presented their business startup ideas to a panel of judges, friends, family, and other community members for a chance to win $10,000 to launch their business.
Vehicle networks to drive down cost and complexity while improving power efficiency in next-generation architectures Capital continues to flow to technologies that are driving the future of the automotive industry, as seen in the recent announcement made by startup Ethernovia, Inc. Carlos Kokron, vice president, Qualcomm Technologies, Inc.
The transaction announced Tuesday is part of a complex deal that includes Uber investing $75 million into Joby and an expanded partnership between the two companies. The $75 million investment comes in addition to a previously undisclosed $50 million investment made as part of Joby’s Series C financing round in January 2020 , Uber said.
Our financial technology solutions are designed to address the specific needs of our extensive and long-tail customer base,” said Hao Jiang, Vice President of MYbank, at the bank’s showcase during this year’s Singapore Fintech Festival. Another question followed: “What are you transporting?”
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.
Grayson, Holt and their team invest in companies operating in and around the manufacturing, transportation and logistics sectors, which, they say “represent over half our country’s GDP and have not been tech-enabled.”. These are areas that have been chronically under invested in,” Holt added.
Other investors SBI Investment, Tokyu Land Corporation, Kushu Electric Power, Seika Corporation, JOIN (Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development) and exiting investor Venture Lab Investment also joined in the round. . million Series A in February 2021. . and Southeast Asia.
If Nuro is to become the generation-defining company its founders desire, it will be due as much to innovation in regulation as advances in the technology it develops. If Nuro is to become the generation-defining company its founders desire, it will be due as much to innovation in regulation as advances in the technology it develops.
leading the investment. This funding round is said to be a prominent investment in the Chinese AI industry, as startups like Baichuan plan to capitalize on the growing demand for ChatGPT-like services. Notable contributors include Xiaomi, a well-known smartphone manufacturer, and various investment firms. Tencent Holdings Ltd.,
Austin’s venture capital scene has been hot for years now, but a pair of local investment firms just closed on new funds aimed at injecting more capital into startups in Austin and elsewhere. Axios reported that this was 211% over the number of dollars invested in 2020. ?. Keri Findley, founder of Tacora.
The company aims to address the challenges and risks associated with human labor in space by developing advanced robotics technology. Their involvement highlights the widespread industry acknowledgment and backing for Gitai’s mission to advance space robotics technology.
Their offerings include MoveinSync Ion, a SaaS-based platform designed to manage employee transportation, and MoveinSync One, a comprehensive solution for accessing various commute modes like cabs, shuttles, and buses. According to a presentation for investors, MoveinSync boasts over 450,000 monthly active users and facilitates more than 2.5
Over the last decade, there have been many innovations that have changed our lives by addressing long-standing pain points in age-old industries like transportation and financial services, and in so doing, raised complicated questions for policymakers and society.
HPA is excited to announce our investment in Fuel Me ’s $18M Series A Round , which was co-led by Pritzker Group Venture Capital and Tribeca Venture Partners and includes co-investors Bessemer Venture Partners, Interplay Venture Capital, and FJ Labs. Fuel Me is a first-of-its-kind platform that revolutionizes fuel procurement and management.
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