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.

Optibus picks up $107M for an AI-based planning and operations platform aimed at mass transportation

TechCrunch

It provides tools to visualize and predict movement alongside different transportation options, fitting in with the shift that many cities are making to encouraging multi-modal travel covering buses, trains, bikes, scooters and walking to offset traffic congestion from single-passenger cars.

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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

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.

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.

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.

[Virgin Hyperloop One in GlobeNewswire] CEO and Co-Founder of Virgin Hyperloop Speaks to U.S. House Transportation & Infrastructure Committee on Emerging Mass Transportation Technology

OurCrowd

House Transportation & Infrastructure Committee on Emerging Mass Transportation Technology appeared first on OurCrowd Blog.

[SkyTran in Urban Transport News] Mukesh Ambani-led Reliance Strategic invests $26.76 million in SkyTran, USA

OurCrowd

Mumbai, India (Urban Transport News): Reliance Strategy Business Ventures Limited (RSBVL), a subsidiary company of Billionaire Mukesh Ambani-led Reliance Industries’ on Sunday said that is has acquired an additional equity stake in US-based SkyTran Inc.

[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.

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.

[Virgin Hyperloop One in Intelligent Transport] Building for the future: why hyperloop could revolutionise public transport

OurCrowd

Virgin Hyperloop CEO Josh Giegel explains why hyperloop technology can change the way we travel forever, and reveals an increased receptiveness to the new mode of transport at a hearing he testified at last month.

[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.

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.

ChargerHelp co-founder, CEO Kameale C. Terry is heading to TC Sessions: Mobility 2021

TechCrunch

Each year TechCrunch brings together founders, investors, CEOs and engineers who are working on all things transportation and mobility. Thousands of electric vehicle charging stations will be built around the country over the next decade. ChargerHelp! founded in January 2020 by Kameale C.

The motorcycle ride-hailing wars in Nigeria and Uganda is SafeBoda’s to lose

TechCrunch

When starting in Nigeria, most two-wheel ride-hailing startups begin from Lagos, the nation’s hotbed of commerce and transport. The latter is known for endorsing NURTW , a transport group known to legally extort riders daily or weekly in the city.

Autonomous trucking startup Embark to go public in $5.2B SPAC deal

TechCrunch

The company includes carriers Mesilla Valley Transportation and Bison Transport, and companies Anheuser-Busch InBev and HP Inc., Automotive Funding Private Equity Startups TC Transportation autonomous driving autonomous trucking embark SPAC TuSimple

board 94

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.

Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures

TechCrunch

Automotive Europe Recent Funding Startups TC Transportation auction car dealership car sales danny rimer Farfetch Index Ventures motorway smartphone transport United KingdomMotorway is a U.K.

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

Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service

TechCrunch

As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches.

MaaS transit: The business of mobility as a service

TechCrunch

“What we do best is transporting large volumes of people on vehicles and managing mass transit,” said Metro Transit executive director Jessica Mefford-Miller. a San Diego-based defense and public transportation company. In 2019, St.

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.

[Virgin Hyperloop in Urban Transport News] Hyperloop transportation projects in India

OurCrowd

The hyperloop transportation system is an untested but next-generation version of the public and freight transport system of the world which can make commuting faster than an airplane.

10 investors predict MaaS, on-demand delivery and EVs will dominate mobility’s post-pandemic future

TechCrunch

The COVID-19 pandemic didn’t just upend the transportation industry. COVID-19 disrupted virtually every sector of the transportation industry. What is the fundraising model of success for transportation startups of the future?

Opportunity knocks: Exhibit at TC Sessions: Mobility 2021

TechCrunch

But the auto giant’s push to electrify passenger vehicles is just one of many efforts to be a leader in innovation and the future of transportation.

[Virgin Hyperloop One in Yahoo] Are floating pods the future of transport?

OurCrowd

– For many, many years, there have been four modes of transportation moving humans around the globe. The post [Virgin Hyperloop One in Yahoo] Are floating pods the future of transport?

The Truth About the Scooter Economy?—?An Insider’s Perspective

Both Sides of the Table

As drivers we look out for them, as pedestrians we might be annoyed if they steer in our way but the riders themselves have developed better norms as happens in all forms of transportation. But perhaps one of the biggest overlooked advantage of the incumbents is just how massively complicated it is to run a global or even national or even city version of a transportation company. scooters startup transportation vcThe Truth About the Scooter Economy?—?An

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

Naspers co-leads $14.5M extension round in mobility startup WhereIsMyTransport

TechCrunch

Many people in emerging markets depend on informal public transport to move across cities. Google, Toyota Tsusho invest in WhereIsMyTransport to map transport in emerging cities. As a mobility startup, WhereIsMyTransport maps formal and informal public transport networks.

Portside raises $17M for its business aviation management platform

TechCrunch

Recent Funding Startups TC Transportation aviation expense management fractional ownership ownership Portside soma capital Tiger Global Management

Beta Technologies adds $368 million in Series A funding for its electric aviation ecosystem

TechCrunch

The Vermont-based startup has already scored major partnerships in all of these industries, including with United Therapeutics to transport synthetic organs for human transplant; UPS, which purchased 10 ALIA aircraft with the option of buying 140 more; and the U.S.

Goldman Sachs leads $202M investment in project44, doubling its valuation to $1.2B in a matter of months

TechCrunch

But getting real-time access to information from transportation providers has remained somewhat elusive for shippers and logistics companies alike. . The COVID-19 pandemic disrupted a lot in the world, and supply chains are no exception. .

Electric utility bike startup Ubco raises $10 million to fund its global expansion

TechCrunch

Recent Funding Startups Transportation ebikes electric bikes electric vehicles Nuance Capital Seven Peak Ventures TPK Holdings ubcoUbco, the New Zealand-based electric utility bike startup, has raised $10 million to fund a global expansion focused on the U.S.

[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.

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.

Nigeria’s Plentywaka gets backing from Techstars, plans expansion to Canada

TechCrunch

Due to the nature of its business, Plentywaka had to make a slight pivot and began transporting essential services across Lagos, especially food items. Backed with the new funding, Plentywaka has since doubled down on its core offering — transporting people via buses. Plentywaka acts as an aggregator, and commuters can see options of various transport companies, compare fares, and book on its platform.