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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
million from GSX-listed transportation firm ComfortDelGro Corporation. In all, Shift4Good hopes to raise 300 million Euros for this venture fund as the company eyes to deploy into early-stage startups that are decarbonising the transportation industry in Europe and Southeast Asia.
This means all companies, including young businesses and businesses run by young leaders, must also do their part to decrease their environmental impact and maximize their operations in an eco-friendly and sustainable manner. The YLAI Network offers key takeaways to help emerging entrepreneurs take part in greening their businesses.
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.
The new hub in Singapore will address business and sustainability challenges in sectors such as supply chains, logistics, transport, and energy, in vibrant and fast-growing Asian markets. The ZEBOX Asia Pacific hub has the support of Enterprise Singapore and the Maritime Port Authority of Singapore (MPA).
Through our work with affiliates that include IASourceLink , SourceLink Nebraska , NetWork Kansas , MOSourceLink , Launch Network and more, we’ve learned first-hand the struggles rural business owners in America experience and how building a network of entrepreneurial support can solve for those challenges.
A number of startups and entrepreneurial initiatives working to address challenges in the transport sector have been approved for funding in round one of the Waka Kotahi Hoe ki angitū- Innovation Fund , with a second round of challenges now announced. The fund will run for two years, and its aim is to make transport greener and safer.
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.
That’s a dramatic shift in urban transportation by any measure, and it prompts a simple but important question: How did we get here? Second, we should anticipate that e-scooter technology will continue to develop around two key pillars: safety and sustainability. 1: Shared scooters launched (fall 2017).
Are you an entrepreneur or CEO who has a goal of helping your company reflect the sustainability you want to see for the environment? For example, you may not have a choice but to fly to a conference, but you can reduce the impact of the flight by using public transportation while you’re there. of global greenhouse emissions.
Alongside lead investor Lotte Chemical and investment company KTB Network, General Motors’ corporate venture capital arm, GM Ventures, signed on as a strategic investor. It plans to use the fresh capital to scale its fast charge-capable anode technologies that might enable the next generation of batteries for electric vehicles.
She has worked with companies from all sectors, including Transportation, Telecom, and Manufacturing companies to guide their Supply Chain and Inventory strategies. Building a network of mentors and peers is incredibly valuable. What are your future plans for yourstartup?
Their joint efforts include the installation of EV charging infrastructure at multiple facilities, including the BMW network of dealerships, and providing diverse EV fleet solutions in the Malaysian market. Moreover, both companies plan to deploy joint renewable energy infrastructure for sustainable mobility endeavors.
The live-streamed and in-person conference format will provide exhibitors and attendees with more direct access to media channels and networking opportunities than ever before through the largest and most influential technology expositions in Asia.
Like the EO members who are making an #EOImpact in their support of United Nation’s Sustainable Development Goals (SDGs) , Alice believes that business leaders are in a position to solve the greatest problems facing our world today: climate change, resource scarcity and social dynamism.
Hunt Transport. Working with co-founder Ryan Matthews, the former director of technology for the Austin-based high-end retailer Kendra Scott, Richter has set up a business that can tap into both the demand for better customer service for the return of large items and the growing call for greater sustainability in the furniture industry.
We deploy sensor networks that combine mobile sensing where we use fleets of vehicles as a roving network. Aclima has built an expansive mobile and stationary sensor network that generates billions of measurements about our most critical resources every week,” says Dr. Ingo Ramesohl, managing director of RBVC, in a statement.
She initially thought she’d focus on transportation, but her mind kept returning to consumer consumption habits and the potential to reduce CO2 emissions by targeting consumer behavior. After scoring a job at the development firm Dalberg, then working in India and Ethiopia, Pal returned to the U.S.
Toward the end of March, IntegrityNext , which helps organizations audit their supply chain partners for compliance with environmental and sustainability governance (ESG) rules, landed $109 million from backers including EQT Growth. Startups selling supply chain tech continue to attract major investor attention — and dollars.
Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries “The goal of this fundraising was to accelerate the industrialization of our sustainable recycling process, which has been developed over years of research. “This will enable true green and circular mobility.”
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.
This realisation has been the driving force behind Impact Hub Network’s work for over 15 years, and today, we’re more committed than ever to taking serious climate action. They use a regional energy supply that is fully under their control to ensure it comes from sustainable sources.
Manufacturing infrastructure To illustrate the complexity of production of these therapies, some cell therapies require removing cells from the patient’s body, transporting them to the manufacturer to reprogram and regrow the cells, and sending the cells back to the provider to infuse into the patient.
It also operates a network of solar charging and battery swapping stations in the East African country. We look forward to continuing to serve our customers and making sustainable mobility a reality in Uganda,” he said. million (€3 million) in electric motorcycle startup Zembo to help it grow its business.
Vertical hydroponic farming is often seen as a sustainable alternative to traditional growing. It uses 95% less water, has less impact on soil and the urban farms can be placed in food deserts or close to grocers to cut down on transportation costs. Build out our retail and distributed network, targeting the social piece of things.”.
Building 5G infrastructure is a massive undertaking requiring a multitude of additional cellular towers and new distributed architectures using software-defined networks – it is not simply an evolution of 4G. Building a new kind of connectivity.
Company formerly known as Semi-Stow Expanding its Network of Secure Fleet Yards AUSTIN, TX and SEATTLE, WA – April 23, 2024 – Outpost ( www.outpost.us ), a leading network of managed semi-truck parking facilities, today announced that it has raised $12.5 Outpost’s funding comes as the nation’s 3.5
Register Transport Capital , a globally-recognised investment management and advisory firm focused on the maritime and aviation industries, has launched its new venture capital arm named TC Ventures. We have a deep commitment to sustainability, and through TC Ventures we want to take a more active role in shaping the industries we serve.”
“Swyft is a new form of urban mobility, using autonomous cabins on lightweight cable infrastructure to solve transportation problems in densely developed areas including corporate campuses, airports, universities and tourism districts. .” Swyft Cities (Mountain View, CA) — Presenter: Jeral Poskey, CEO. John received his Ph.D.
We spend such a tremendous amount of our resources growing, processing, transporting and selling food items. We feel strongly that the best approaches to sustainable climate focus investments have to be rooted in a true business case in order for them to scale.” That’s the problem Spoiler Alert has set its crosshairs on.
And with its algorithms, customers can find out what budget suits them and choose new or pre-owned cars from Planet42’s dealerships network. Planet42 has a cohesive network of automobile industry stakeholders on its platform. The company has over 700 dealerships. But for Planet42, the next attractive market lies off the continent. .
The funding round was led by Fidelity Management & Research Company, with undisclosed additions from Amazon’s Climate Pledge Fund, a $2 billion fund established in September 2019 to advance the development of sustainable technologies. Giving EV batteries a second life for sustainability and profit.
For example, Veev uses Light Gauge Steel (LGS) framing and High Performance Surface (HPS), which the company says “are lighter, stronger, and more sustainable than wood and drywall and with near zero waste.” The company’s 2022 goal is to further reduce a Veev home’s carbon footprint by an additional 25%. .
This past April, we invited a group of ecosystem practitioners from Buffalo, Richmond, and Jacksonville to see how different communities in Indianapolis are seeking to provide greater access, financing, and support for entrepreneurs of color and others who are disconnected from traditional business networks.
Sustainable travel at the forefront. Transportation reporter Rebecca Bellan interviewed Tortoise co-founder Dmitry Shevelenko about his company’s transition “from using a hardware-as-a-service model to a take-rate scheme that gives it 10% of any sales made from its card payment-enabled bots.”. Mainstream attention is increasing.
Once a year, the top leaders from Impact Hubs around the world come together for the Global Gathering, where in one of our locations they review, shape, and decide on the strategy and governance of our network. Back in 2002, food transportation accounted for almost 20 billion vehicle miles. Here’s how: 1. Keep It Local.
As Fred Wilson noted yesterday , as technology networks mature and spread into new markets (including devices, like scooters), the complexities associated with investing in “atoms” vs “bits” raise many issues. I believe it is important to consider the time in which Uber and Airbnb grew their networks.
On today’s Business Beat, Jeff talks about sectors undergoing sustained disruption and what it means for entrepreneurs. The sector we’re focused on today, travel and transportation, is certainly relevant to our interests here in our region. for the WJR Business Beat. Are you an entrepreneur with a great story to share?
We are excited by environmental and sustainability sector, which we invest in. It will develop more in the direction of sustainability (at least, we believe so). Good public transportation, small city and cheap apartments were all good reasons to buy your own flat. Alena Hloba, community manager, RST Ventures for Earth.
From the hands of farmers to the plates of consumers, the journey of food involves a multitude of actors operating within a complex network. As food moves through supply chains and transportnetworks, it undergoes distribution , ultimately reaching household consumption.
Their work extends vehicle life, aligns with sustainable development goals, and promotes cleaner city environments, making a profound impact on local communities. This shift promotes a sustainable alternative to fossil fuel reliance and encourages cleaner urban environments.
Apart from its own brands, including Smartscooters and Eeyo electric bikes, Gogoro also makes its platform available through its Powered by Gogoro Network (PBGN) program, which enables partners to create vehicles that use Gogoro’s batteries and swapping stations.
OurCrowd portfolio company IntellAct offers a glimmer of hope to help the hard-pressed transportation industry cut costs as it grapples with financial challenges exacerbated by the pandemic. Your portfolio gets stronger when the OurCrowd network gets involved. Learn More. . IntellAct helps boats, planes and trains run on time.
Commitments to carbon neutrality keep coming from all corners of the business world — over the past few weeks, companies ranging from the fast-casual restaurant chain Sweetgreen to the security-focused networking IT company Palo Alto Networks to the online craft retailer Etsy committed to net-zero carbon emission plans.
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