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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.

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Ethernovia’s $64 Million in Funding Advances Vehicle Networks

American Entrepreneurship

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. having recently completed a $64 million A-round.

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Finding Founder-Market-Geography Fit

Revolution

At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. Rail Network : Atlanta offers access to both Norfolk Southern and CSX Transportation.

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Opportunity knocks: Exhibit at TC Sessions: Mobility 2021

TechCrunch

TC Sessions: Mobility, which takes place on June 9, features the top minds and makers, draws thousands of attendees, fosters collaborative community and creates a networking environment ripe with opportunities. Will Venture Capital Drive the Future of Mobility? But wait (insert infomercial voice here), there’s more!

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Student transportation startup Z?m to add 10,000 EVs to its platform

TechCrunch

m , a startup that provides optimized transportation services for school-age children, has announced the close of a $130 million Series D raise, bringing its total funding to more than $200 million. m was awarded a $150 million contract to modernize the San Francisco Unified School District (SFUSD) transportation service.

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Rallying for rural entrepreneurship: addressing the challenges that face rural small businesses

Source Link

Geography does not determine success—it may surface some unique challenges, but it also gives unique opportunities. Talent seeks opportunities, and opportunities can (and must) be created. Starting and growing a business can prove to be a daunting endeavor within any market.

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S3 Ventures, Tacora close on new funds to boost Austin startups

TechCrunch

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. It was a great place to live and work, and I believed that over time, it would be a growing venture opportunity.”.