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Singapore-based micromobility startup Beam secures $93M Series B, enters new markets

TechCrunch

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.

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Superpedestrian, Voi among the latest micromobility layoffs

TechCrunch

As layoffs tear through the startup world, the micromobility industry, which has long struggled to be profitable, is getting hit. This is part of a company wide effort to reduce our costs and accelerate the path to profitability,” reads a statement from Superpedestrian.

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VanMoof raises $128 million to become the world’s leading e-bike brand

TechCrunch

Some existing investors also put some more money on the table, such as Norwest Venture Partners, Felix Capital, Balderton Capital and TriplePoint Capital. Growing a company like VanMoof is a capital-intensive business. How four European cities are embracing micromobility to drive out cars.

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Uber sells self-driving unit Uber ATG in deal that will push Aurora’s valuation to $10B

TechCrunch

Aurora Innovation, the autonomous vehicle startup backed by Sequoia Capital and Amazon, has reached an agreement with Uber to buy the ride-hailing firm’s self-driving unit in a complex deal that will value the combined company at $10 billion. “If anything, this accelerates our objectives,” he said.

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The Station: Arrival slashes EV targets, more Tesla FSD controversy and NHTSA loses its captain

TechCrunch

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. 63% of riders said they used micromobility to connect to public transit.

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Uber spins out delivery robot startup as Serve Robotics

TechCrunch

Serve Robotics, a name taken from the autonomous sidewalk delivery bot that was developed and piloted by Postmates X, has raised seed funding in a round led by venture capital firm Neo. TechCrunch reported in January that a deal was being shopped to investors.

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Shift your startup into overdrive and demo at TC Sessions: Mobility 2022

TechCrunch

Exhibiting your early-stage startup at TC Sessions: Mobility 2022 in San Mateo, California on May 18-20 is one of the fastest ways to discover new opportunities and accelerate your growth potential. A full day of online networking and demos — expand beyond the confines of the San Mateo County Event Center and achieve global reach.