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.

Bolt raises $182M to expand its on-demand transportation network in Europe and Africa

TechCrunch

on gross merchandise value (GMV: the total figure transacted on Bolt’s platform), à la the recently listed DoorDash, than it is closer to “others” in the transport space that are seeing valuations closer to 0.5x

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i2E-backed SendaRide expands healthcare transportation service beyond Oklahoma

Innovation 2 Enterprise

When it comes to metrics, the customer growth story from SendaRide, a young Oklahoma company that provides customized, concierge, non-emergency medical transportation, packs a punch. The company is seeing a ground swell of interest from other organizations that serve populations with safe and secure transportation needs — churches, senior centers, adult daycare, oncology centers, and even organizations that help people re-enter the work force and need transport to interviews.

preventing the spread of germs in public transportation: q&a with Wyatt Dike from E-Team, VertX Advertising

Venture Well

Wyatt Dike of E-Team, VertX Advertising, is developing antimicrobial coatings for use in public transportation that double as advertising space. The post preventing the spread of germs in public transportation: q&a with Wyatt Dike from E-Team, VertX Advertising appeared first on VentureWell. Early Stage Innovators e-teams sanitation

innovating the public transportation experience: q&a with Wyatt Dike from E-Team, VertX Advertising

Venture Well

Wyatt Dike of E-Team, VertX Advertising, is developing antimicrobial coatings for use in public transportation that double as advertising space. The post innovating the public transportation experience: q&a with Wyatt Dike from E-Team, VertX Advertising appeared first on VentureWell. Early Stage Innovators e-teams sanitation

With $5 million in hand, The Routing Company is giving public transit authorities a ridesharing service

TechCrunch

alone, public transportation is a $74 billion business… and during the COVID-19 pandemic it’s a business that’s suffering greatly. James Cox spent much of his professional career at Uber trying to crack the problem of how to reduce congestion through ridesharing.

Why Florida residents may soon be seeing jet-powered ‘flying taxis’

TechCrunch

According to the Orlando Business Sentinel, the proposed facility — a takeoff and landing area that would be part of Lilium’s first transportation network in the U.S. Florida is renowned for its strange news stories.

Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024

TechCrunch

Urban Movement Labs, launched in November 2019, is a public-private partnership involving local government and companies to develop, test and deploy transportation technologies. Startups TC Transportation air taxis Archer Aviation Electric Planes eVTOL Los Angeles

Loadsmart raises $90 million to further consolidate its one-stop freight and logistics platform

TechCrunch

Loadsmart offers booking for freight transportation across land, rail and through ports, all from a single online portal. Recent Funding Startups TC Transportation BlackRock Convoy leader logistics maersk transport uber freight

What You Can Learn from DH2 Chauffeured Transportation's Founder

Smart Hustle Magazine

During the interview, she shared how she started the chauffeured transportation company and what she was doing to succeed. PC: DH2 Chauffeured Transportation. Fast forward to the present, she is working as CEO of DH2 Chauffeured Transportation, and her husband is COO of the company.

[Superpedestrian in Medium] LINK Partnering With Seattle to Expand Access to Sustainable Transport

OurCrowd

“It’s an honor to become a part of Seattle’s transportation system,” says Assaf Biderman, Founder and CEO. “ The post [Superpedestrian in Medium] LINK Partnering With Seattle to Expand Access to Sustainable Transport appeared first on OurCrowd Blog.

[Virgin Hyperloop One in The Construction Index] Mass transport for the post-Covid world

OurCrowd

Hyperloop is being heralded as the first new form of public transportation in more than a century. The post [Virgin Hyperloop One in The Construction Index] Mass transport for the post-Covid world appeared first on OurCrowd. Lisa Russell looks at whether Covid-19 might accelerate its adoption. Read more here. News Center Hyperloop hyperloop one mobility portfolio news virgin hyperloop one

Onboard Dynamics Is Leading the Transition to Next Generation Transportation Fuels, Reducing Emissions, and Driving Down Energy Costs

Angel Capital Association

By: Sarah Dickey, ACA Membership Director Cutting-edge clean energy company wins Luis Villalobos Award, Technology category, from Angel Capital Association The United States has abundant access to domestic natural gas, but we have struggled for decades to find scalable, economic ways to leverage natural gas as a transportation fuel, despite its environmental and efficiency benefits. Today, the transportation sector remains one of the largest contributors to U.S.

Microsoft invests in Cruise in new $2 billion round

TechCrunch

“As Cruise and GM’s preferred cloud, we will apply the power of Azure to help them scale and make autonomous transportation mainstream.” Automotive Recent Funding Startups Transportation autonomous vehicles Cruise Automation Microsoft

Chinese autonomous driving startup WeRide bags $200M in funding

TechCrunch

WeRide and its rivals are testing various levels of autonomous driving vehicles in both the United States and major Chinese cities where local policies are supporting the futurist transportation tech.

‘Flying taxi’ startup Volocopter picks up another $241M, says service is now two years out

TechCrunch

In the case of VTOL craft, the promise has always been that they could bypass a lot of the issues with street congestion in urban areas, and provide a more environmental alternative to gas-guzzling, present-day transportation modes. which saw a bump in activity after regulators long skeptical gave them a provisional nod last year , citing the need for more individualized transportation options in a pandemic-hit country.

Extra Crunch roundup: Optimized SaaS pricing, recruiting growth experts, VC surveys, more

TechCrunch

COVID-19 has spotlighted many of the weakest points in our transportation system, but some of the rapid shifts in consumer behavior are creating opportunities for tech once considered fanciful, like sidewalk delivery robots and eVTOLs (electric vertical and takeoff vehicles).

SaaS 80

Google-backed Chinese truck-hailing firm Manbang raises $1.7 billion

TechCrunch

The company, which runs an app matching truck drivers and merchants transporting cargo and provides financial services to truckers, was formed from a merger between rivals Yunmanman and Huochebang in 2017. The Chinese Uber for trucks Manbang announced Tuesday that it has raised $1.7

Uber sells air taxi business Elevate to Joby Aviation, shedding its last moonshot

TechCrunch

” One year ago, Uber’s business model could be categorized as an “all of the above approach,” a strategy to generate revenue from all forms of transportation, including ride-hailing, micromobility, logistics and package and food delivery.

Satellite constellation operator Spire Global to go public via $1.6 billion SPAC

TechCrunch

Monday brings with it not one, but two space SPACS — there’s Rocket Lab , and there’s Spire Global, a satellite operator that bills itself primarily as a SaaS company focused on delivering data and analytics made possible by its 100-plus spacecraft constellation.

End-to-end operators are the next generation of consumer business

TechCrunch

Automotive Column eCommerce Entertainment Exit Finance Health Real Estate TC Transportation consumer internet EC Market Map Marketing supply chain managementRoger Lee. Contributor. Share on Twitter.

AutoX becomes China’s first to remove safety drivers from robotaxis

TechCrunch

The autonomous driving companies, in turn, work closely with traditional carmakers to make their vehicles smarter and more suitable for future transportation. Residents of Shenzhen will see truly driverless cars on the road starting Thursday.

Joby Aviation takes flight into the public markets via a SPAC merger

TechCrunch

Exit Startups TC Transportation air mobility air taxi electric aircraft eVTOL Joby Aviation Reinvent Technology Partners SPAC

5 key innovations taking e-scooters to a half-billion rides in 2021

TechCrunch

That’s a dramatic shift in urban transportation by any measure, and it prompts a simple but important question: How did we get here? Column Startups TCUK Transportation bird e-scooters electric scooters micromobility mobility scooter sharing sharing economyTravis VanderZanden.

Daimler invests in lidar company Luminar in push to bring autonomous trucks to highways

TechCrunch

Daimler Trucks’ and Torc’s integrated self-driving product will be designed for on-highway hub-to-hub applications, especially for long-distance, monotonous transport between distribution centers, according to Daimler.

Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

TechCrunch

Artificial Intelligence Automotive Europe Recent Funding Startups TC Transportation autonomous vehicles bp ventures Oxbotica Ltd

Air taxi startup Archer is partnering with automaker FCA on production of its electric aircraft

TechCrunch

Aerospace Startups Transportation adam goldstein airbus airline chrysler Companies eCommerce engines eVTOL fiat Fiat Chrysler Automobiles manufacturing Marc Lore Mergers and Acquisitions palo alto supply chain

Rivian raises $2.65B as it pushes toward production of its electric pickup

TechCrunch

Automotive Recent Funding Startups Transportation Amazon BlackRock electric truck electric vehicles Ford Rivian t.rowe priceRivian has raised $2.65 billion as it prepares to begin production this summer of its all-electric pickup truck.

Will ride-hailing profits ever come?

TechCrunch

Fundings & Exits Startups TC Transportation EC Newsletter Lyft stock UberUber and Lyft lost a lot of money in 2020. That’s not a surprise, as COVID-19 caused many ride-hailing markets to freeze, limiting demand for folks moving around.

Lucid Motors strikes SPAC deal to go public with $24 billion valuation

TechCrunch

Automotive Exit Startups Transportation Churchill Capital IV Corp. Lucid Motors reached an agreement to become a publicly traded company through a merger with special-purpose acquisition company Churchill Capital IV Corp.,

MotoRefi raises $10M to keep pedal on auto refinancing growth

TechCrunch

Automotive Recent Funding Startups TC Transportation car refinancing Moderne Ventures MotoRefi

Kyte raises $9 million to deliver rental cars to your doorstep

TechCrunch

“The pandemic has accelerated the transformation of cities and consumer behavior with respect to transportation,” Schlenker said. ” Automotive Recent Funding Startups Transportation Amplo VC car rental DN Capital

[SkyTran in Live Mint] Reliance arm raises stake in transportation firm SkyTran

OurCrowd

underscoring the oil-to-retail conglomerate’s ambitious plans for eco-friendly transportation systems. The post [SkyTran in Live Mint] Reliance arm raises stake in transportation firm SkyTran appeared first on OurCrowd Blog.

Rad Power Bikes raises $150 million as electric bike sales boom

TechCrunch

Startups TC Transportation ebikes electric vehicles Rad Power BikesElectric bike sales boomed in 2020, a phenomenon driven by the COVID-19 pandemic and the disruption it delivered consumers’ daily lives.

Space startup Aevum debuts world’s first fully autonomous orbital rocket launching drone

TechCrunch

Aerospace Artificial Intelligence Robotics Space Startups TC Transportation aerospace Aevum Boeing Elon Musk hyperloop Jay launch services launch vehicle Moon Express outer space small satellite spaceflight SpaceX U.S.

From the ashes of nearly a billion dollars, Ample resurrects Better Place’s battery swapping business model

TechCrunch

Automotive GreenTech Startups TC Ample better place cars charging station electric vehicle electric vehicles energy inductive charging Japan lithium-ion battery Nissan nissan leaf One Laptop Per Child range anxiety Renault repsol sap Shai Agassi Shell Ventures transport Uber venture capital

Self-driving trucks startup TuSimple raises $350M from US rail, retail and freight giants

TechCrunch

Nikola chairman, VectoIQ CEO Steve Girsky eyes his next transportation investment. Automotive Recent Funding Startups Transportation autonomous vehicles ike self-driving trucks TuSimple VectoIQ LLC waymo