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Beam , a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. Advanced rider assistance systems: Tech spawned by the politics of micromobility. Singapore’s micromobility startup Beam raises $26 million.
Understanding the key developments that helped advance micromobility over the past several years can give us valuable insights not only into where the industry is headed, but about how we can successfully shape it to meet the needs of hundreds of millions of current and future riders around the world. . #1:
Uber CEO Dara Khosrowshahi will take a board seat in the newly expanded Aurora. In the past year, Uber has dumped shared micromobility unit Jump, sold a stake in its growing but still unprofitable logistics arm, Uber Freight and acquired Postmates. “If anything, this accelerates our objectives,” he said.
Cliff is headed over to the California Air Resources Board. Micromobbin’ The North American Bikeshare and Scooter Association released its 2021 shared micromobility state of the industry report — and it has some interesting findings. Trips on e-scooters accounted for 49% of total trips taken on shared micromobility.
Nova itself is a counterpoint to profit-focused corporate venture capital outfits, and is instead focusing on abilities to collaborate with the LG conglomerate across the board, in a few key verticals: the metaverse, connected healthcare, smart homes, electric vehicles (EV) and the wonderfully fuzzily named tech for good.
Several micromobility companies once operated in my city, but consolidation has reduced that to a small handful. This in-depth industry analysis shows how increased regulation on the local level and changing consumer habits are pushing micromobility providers to adapt and innovate. Image Credits: TechCrunch/Bryce Durbin.
meter coworking office space where majority of our portfolio companies and accelerator program companies sit on a daily basis. At TAU Ventures, the majority of our portfolio and accelerator companies sit next to us at our 1,000 sq. Gaviti is a SaaS company that specializes in receivable collections acceleration. More than 50%?
Startup of the Week: NeuReality: Slashing AI costs across the board. The threat to global food and energy security and sudden price hikes triggered by the Russian invasion of Ukraine highlight the urgency of accelerating new innovations to solve these problems, I told Hadley Gamble on CNBC International. More than 4,600 high-tech jobs.
Startup of the Week: NeuReality: Slashing AI costs across the board. The threat to global food and energy security and sudden price hikes triggered by the Russian invasion of Ukraine highlight the urgency of accelerating new innovations to solve these problems, I told Hadley Gamble on CNBC International. More than 4,600 high-tech jobs.
Bolt had appeared to be on an upward trajectory last year after acquiring the assets of Last Mile Holdings, which opened up 48 new markets to the micromobility operator. However, there’s also space to push micromobility companies to provide more protections. . It’s all very mysterious. Rebecca Bellan. A little bird. Deal of the week.
Micromobbin’ I don’t want to get ahead of myself here, but are we close to reaching the point of no return on our micromobility revolution? All of the stars appear to be aligning towards the potential for exponential growth in micromobility adoption. You also can send a direct message to me at Twitter — @kirstenkorosec.
It’s the shared micromobility operator that has gained a rep for growing at a steady, sustainable pace, rather than moving fast and breaking things? NABSA ’s fourth annual state of shared micromobility report shows that ridership in North America has returned to pre-pandemic levels. Micromobbin’ You remember Veo , right?
Both micromobility and telemedicine seem very crowded at this point, and we believe the current market leaders in these sectors will become the winners. Our advice has been to secure a long runway for some companies, whereas other companies have accelerated because of the shifts caused by COVID-19 and need to run even faster.
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