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Endera, a rapidly growing leader in the electric vehicle (EV) industry, has secured $49 million to propel its mission to revolutionize the American transportation sector. The company designs and manufactures the vehicles, develops the proprietary powertrain technology, and offers fleet management softwareall under one roof.
In 2017, we partnered with iconic leaders in American business to turn the thesis we developed on the road — that great companies can start and scale anywhere when given a chance — into an investment vehicle. This trifecta serves as a catalyst for accelerated growth and long-term viability. Plastomics: St. Louis, MO St.
Leadership is sometimes described as the process of developing people and the organization in order to deal and cope with both complexity and change. These are the attributes that sustain and make a person’s leadership strong in both triumph and crisis, as well as transportable and transferrable in different environments.
Among Apple’s more recent social good initiatives is the Impact Accelerator, an effort launched about a year ago intended to find and elevate minority-owned small businesses taking on sustainability and climate change. Mosaic Global Transportation (Founder: Maurice H.
Register ZEBOX , a global accelerator founded in 2018 by the Chairman and CEO of the CMA CGM Group, Rodolphe Saadé, has launched its Asia Pacific hub in Singapore. They aim to co-develop game-changing solutions across operational efficiency, assets optimization and decarbonization, workflow automation, and the future of work.
Register Gyeonggi-do is set to commence the pilot operation of its domestic public transportation service, the ‘Panta G Bus,’ which is fortified with self-driving technology, at Pangyo Techno Valley. Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet?
During my tenure with the local University I worked with economic developers all across Iowa, from Sioux City to Davenport and a great many small but mighty communities in-between: Grinnell, Parkersburg, Webster City and Lamoni to name a few. Entrepreneurial development in rural areas is needed now more than ever.
Supply chain disruptions — triggered by factors including demand surges, high transportation costs and pandemic-related lockdowns — are expected to continue well into next year, experts predict. Companies are experiencing the brunt of the impact, with 36% of small businesses responding to a 2021 U.S. This has been costly.
Space propulsion developer Accion Systems has closed its most significant funding round yet. This latest injection of capital will facilitate the development and manufacturing of the company’s fourth generation propulsion system, dubbed the tiled ionic liquid electrospray (TILE) system. “We
FSD Africa is set to launch insurtech accelerator programs in Ghana and Nigeria next year to promote innovations that will drive the uptake of insurance in the two markets and beyond. We are planning to launch the BimaLab Insurtech Accelerator Program in Ghana and Nigeria.” -funded Financial Sector Deepening (FSD) Africa.
While that seems like common sense, most communities around the world don’t have tools that can monitor emissions and pollutants at the granular levels they need to develop plans that can address these pollutants. Together, we can accelerate Aclima’s ability to support customers in taking decisive and data-driven climate action.”.
Before launching the fund, Google proved helpful in startups’ journeys via its Google for Startups Accelerator Africa program. The accelerator program has supported more than 80 startups in seed to Series A stages with equity-free mentorship and resources. He made this known at the Google for Africa event in October.
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.
.’s Seraphim Capital , the country’s only space tech accelerator, has released details of its newest cohort as part of its Space Camp programme, timed with the end of World Space Week last week. Raised so far: Undisclosed amount / seed from ICE71 Accelerate, 25 June 2020. ” Kinnami. ” Kinnami.
South Korea is considered a gateway to Asia due to its strategic location and well-developed infrastructure. South Korea’s largest accelerator program– the K-Startup Grand Challenge (KSGC) is the unique opportunity for global startups to enter the flourishing market of Asia.
“Our airspace is going to get more crowded than ever, but most companies today are concentrating only on hardware development,” said Terra Drone CEO and founder Toru Tokushige , who is also serving as the CEO of Terra Motors, which develops electric vehicles. and Southeast Asia. Terra Drone’s uncrewed traffic management. “We
Roads, bridges, and transport will make or break a city’s ability to grow its startup ecosystem and talent pool. The problem of housing affordability and supply is largely a political problem, and those policies (that prevent developers from building multi-family properties) are largely popular. Infrastructure touches everything.
The convergence of technology, talent and funding now makes the vision of one-hour hypersonic global transport within reach—so say the co-founders of Venus Aerospace and its most recent funder Airbus Ventures. They assembled a team of top industry talent to develop and build cost-effective one-hour global transport.
Register Bangladeshi transport-tech startup Shuttle now has a total of $2.5 Register Bangladeshi transport-tech startup Shuttle now has a total of $2.5 Other participants in the funding round were State-run VC fund Startup Bangladesh, investors from Bangladesh Angels Network (BAN), and existing backers, including Accelerating Asia.
Her experience working alongside frontline healthcare professionals inspired her to develop the Horseshoe , a device that directly addresses the challenges of securing breathing tubes safely and effectively. Adhesive tape or makeshift securing devices have been used to secure these tubes—which are far from optimal.
The startup, which develops software-as-a-service solutions for the logistics and supply chain industry, has raised $6.5 The new capital will be used on developing products for SMEs and establishing a stronger foothold in Indonesia’s Tier 2 and Tier 3 cities. McEasy wants to change that. Indonesia has more than 22.5
Register Gitai, a Tokyo-based startup, has recently closed a 4 billion yen funding round to accelerate the development of its remotely-controlled robots for space exploration. The company aims to address the challenges and risks associated with human labor in space by developing advanced robotics technology.
A smaller portion of rail freight movement is referred to as intermodal activity, which essentially involves moving steel containers between a range of different modes of transportation, like boats and trucks. “When that becomes a problem is when you’re figuring out where to park that big train, and the answer is, not many places.”
Veev, a real estate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” Interestingly, Veev Group started its life as a traditional real estate developer and asset manager.
I did the NYC Century Tour yesterday--a 100mi bike ride around the city sponsored by Transportation Alternatives where thousands of riders are circumnavigating the far reaches of the boroughs on two wheels. There are more developers *not* working on social apps here than anywhere. It was a great day and the weather couldn't be better.
Joby Aviation , a California-based company developing electric vertical takeoff and landing vehicles (eVTOL) for commercial passenger service , announced the acquisition of Avionyx , an aerospace software engineering firm, on the TechCrunch Sessions: Mobility stage on Wednesday.
The shipping business in Africa has for years been inefficient and costly due to the traditional ways of managing operations – traditional in the sense that a shipper has to physically look for a transporter, sometimes through a middle-man, and often, once goods are delivered, the trucks almost always make the return trip empty.
SmartRyde , a Japanese online pre-booked airport transfers service platform, is a marketplace that connects travelers to local transportation operators/online travel agencies (OTAs). SmartRyde announced today it has secured a $1.6 It will also use the funding for global expansion, Kimura said.
WeRide, one of China’s most-funded startups developing autonomous driving capabilities, said on Wednesday that it has raised a $200 million strategic round from Chinese bus maker Yutong. The partners have already jointly developed a front-loaded driverless minibus for mass-production.
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. They are no longer remarkable in Santa Monica or Venice or in many cities in America, Europe or South America. They’re not new. They’re not novel.
The automotive startup is developing data transport and acceleration technology for automobile networks that support autonomous driving and electrical vehicles (EV). We take great pride in developing the cutting-edge network architecture to power the car of the future. having recently completed a $64 million A-round.
Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel. In this case, the software development stays in house at Waymo; Daimler is just concentrating on the chassis development.
MAX ) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding. Njoya said the startup is working towards becoming the go-to vehicle subscription and financial services platform for millions of transport operators across the continent.
Last year, Uber and Joby, which is developing an all-electric, vertical take-off and landing passenger aircraft, signed on as a vehicle partner for Uber’s Elevate initiative. “This deal allows us to deepen our partnership with Joby, the clear leader in this field, to accelerate the path to market for these technologies.”
Register Taiwan-based WeMo Corp , a pioneer in urban mobility technologies , today announced raising $15 million in its Series A+ funding round led by AppWorks , with participation from Taiwan National Development Fund. Revenue has returned to pre-pandemic levels, recording double-digit growth.
stake in the three-year-old startup, whereas 42dot’s co-founder and chief executive Chang-Hyeon Song, who interestingly also leads the transportation-as-a-service (TaaS) team at Hyundai Motor, held a 36.19% stake as of December 2021, according to 42dot’s regulatory filing. Series A to accelerate its growth.
That’s a dramatic shift in urban transportation by any measure, and it prompts a simple but important question: How did we get here? What was lacking, however, was a unified body to help guide and develop mobility data standards across the micromobility industry. 2: First custom-designed shared scooters released (fall 2018).
It develops a ready-to-use Application Programming Interface (API) that serves as a single point of entry to third-party logistics (3PL) and warehouse providers, making commerce operations easier. The company’s 4PL strategy streamlines the difficult process of shipping while empowering all players in the supply chain.
Toyota Motor Corporation will be partnering with the two companies, as well, in order to explore ways to connect the air taxis to ground-based transportation. “The parties will now collaborate on all aspects of establishing this revolutionary new form of transportation, including potential routes.”
They built an AV that spared no room in the narrow chassis for a driver’s seat, and had no need for an accelerator, windshield or brake pedals. If Nuro is to become the generation-defining company its founders desire, it will be due as much to innovation in regulation as advances in the technology it develops.
Swedish battery developer and manufacturer Northvolt AB has raised $2.75 billion in capital as it prepares to ramp up to an annual production capacity of 150 GWh in Europe by 2030.
What if all startup incubators and accelerators integrated design principles that foster circularity? Circularity-focused incubation and acceleration programs already exist, but there are two problems: There aren’t enough of them to transform the private sector as a whole. of the global economy is circular.
Aaron graduated from EO Accelerator and went on to become an EO member in 2011. He says, “One of the most meaningful discoveries I made in EO Accelerator was that I was not alone as an entrepreneur. I felt like we had been transported back in time. So ask yourself: What’s your Positano?
NASHVILLE— GoodShip , a collaborative cloud-based analytics and transportation procurement platform for shippers, announced a $5M seed round today. Human relationships are the most crucial links in any supply chain,” said Kristy Brutsman, Director at Armstrong Transport. The raise brings GoodShip’s total funding to $7.4M
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