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One is “tentpole company,” or a category-defining startup that helps put their hometown on the map, both for investors and future generations of founders. Internally, we’ve begun using the term “founder-market-geography fit” to describe this idea. What is Founder-Market-Geography Fit? Let’s get into it.
Cincinnati, like many startup communities in the US over the past 5 years, has revitalized important regions in its urban core, created accelerators, built co-working facilities, pooled together angel capital, attracted VCs, involved educational institutions and solicited the help of important corporations in a more cohesive ecosystem.
million from GSX-listed transportation firm ComfortDelGro Corporation. In all, Shift4Good hopes to raise 300 million Euros for this venture fund as the company eyes to deploy into early-stage startups that are decarbonising the transportation industry in Europe and Southeast Asia.
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. This holistic approach to electric transportation helps make Enderas vehicles some of the most reliable and cost-effective solutions.
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.
She has worked with companies from all sectors, including Transportation, Telecom, and Manufacturing companies to guide their Supply Chain and Inventory strategies. If you had to share, words of wisdom, with a Founder whos about to start their own startup, what would theybe? Starting a startup is a thrilling but challenging journey.
They understand this extraordinary moment of opportunity and urgency as time runs out for the world to make a meaningful impact on climate emissions,” said BasiGo co-founder and CEO, Jit Bhattacharya. Jonathan Green is the startup’s other co-founder. and at Fenix International, an off-grid home solar system company.
I’m a female founder. I don’t have a technical co-founder. These are all of the things I heard from a founder that I recently backed. So what about all of the above statements—things that founders widely hold to be true barriers to fundraising? Nearly half of the teams I’ve backed have female founders.
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. Collectively , they have raised over $100 million in venture capital.
If you want to build enduring companies that weather both the tech market acceleration and the inevitable tech market correction as companies like LinkedIn have done you need to ask yourself if you’re solving a real problem for users that will persist when hotness wears off. Not every problem has to be a huge VC-fundable business.
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.
Roads, bridges, and transport will make or break a city’s ability to grow its startup ecosystem and talent pool. There’s a cottage industry of folks figuring out how to stack tax credits from the inflation Reduction Act to accelerate sustainable initiatives. Infrastructure touches everything.
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. The 2023 edition of the accelerator, running from July 25 to November 10, will focus on deep tech startups.
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.
When I was a Y Combinator partner, I noticed that more and more of the batches were companies started by international founders. International founders typically have some combination of these three reasons: a) Access to capital The number one answer is access to capital. or incorporated here to raise capital. investors.
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.
The money will be used in large part to accelerate the growth of Outdoorsy’s insurtech business, Roamly. The following interview, part of an ongoing series with founders who are building transportation companies, has been edited for length and clarity. .
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. The post Bangladesh transport tech startup Shuttle raises $1.5m
And that makes sense, particularly in a dense urban region where transportation options are crowded and time consuming. And that $10bn will go towards accelerating the conversion of the auto industry from carbon-based fuel to renewable energy. What we heard was most people want to be in the office two to three days a week, not five.
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. million Series A in February 2021. . and Southeast Asia.
Its software and smart tracker, called Vehicle Smart Management System, has been adopted by users like passenger buses, freight forwarding services and refrigerated vehicles used to transport pharmaceuticals, meat, seafood, dairy and frozen foods. Indonesia has more than 22.5
The funds will be used to build Parallel System’s second-generation vehicle and launch an advanced testing program that will help the startup figure out how to integrate its vehicles into real-world operations, according to co-founder and CEO Matt Soule.
The Problem: Unreliable and Risky Airway Securing Methods Endotracheal (ET) tubes are used in a variety of medical situations, including critical care, emergency trauma, surgeries, and transport scenarios. This investment marks a transformative moment for Surgicure Technologies, said Irena King, CEO and Founder of Surgicure.
Register The K-Startup Grand Challenge (KSGC) , the most prominent global startup acceleration program of South Korea, is garnering a positive response from global startups as the deadline for the application stage approaches on May 18, 2023,16:00 (GMT+9). Office space in Pangyo Techno Valley, easily accessible by public transportation.
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.
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. Chinedu Azodoh is the startup’s other co-founder. Nigerian mobility tech startup Metro Africa Xpress Inc. (
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.
“We are also continuing to invest in our route optimization software, which just helps districts get more efficient and greener,” Joanna McFarland, CEO and co-founder, told TechCrunch. “By By reducing overall fleet size, we play a significant role in the overall acceleration of the electrification of the entire yellow bus network.”.
It lets us build really, really small systems,” Accion co-founder Natalya Bailey explained to TechCrunch. The TILE system was developed by Accion co-founders Natalya Bailey and Louis Perna while the two were at the Massachusetts Institute of Technology.
million in Series A funding, led by GreenPoint Partners with support from Speedwagon Capital Partners, to accelerate expansion of its managed properties and technology platform. FirstFleet, PAM Transport, Dot Transportation, Western Flyer Xpress, and Riverside Transport, as well as more than 1,500 midsized fleets and small trucking companies.
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.
Plentywaka , a Nigerian bus-booking platform, today announced that it has been accepted into the Techstars Toronto accelerator program. It will join nine other startups in the class of 2021 and secure funding from the accelerator as it sets its sights on global expansion. It also opened a logistics service.
On Wednesday, January 24, the inaugural cohort of startups from i2E’s Bridge2 Pre-Accelerator program presented their groundbreaking innovations during the Bridge2 Demo Day at Sailor & The Dock in Oklahoma City. During Demo Day, attendees heard pitch presentations from five founders who participated in the initial Bridge2 cohort.
“This latest funding round, following a year of record growth for FourKites, validates our vision of breaking down the barriers across today’s supply chains — between transportation, warehouses, stores and siloed technology systems,” said Mathew Elenjicka l, founder and CEO of FourKites. “We
The company’s founders Dave Ferguson (president) and Jiajun Zhu’s (CEO) vision of a driverless delivery vehicle sought to do away with a lot of the stuff that is essential for a normal car to have, like doors and airbags and even a steering wheel. So when the company petitioned the U.S. They were wrong. Regulate for success.
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
That work has accelerated since spring 2019 when Daimler took a majority stake in Torc Robotics, an autonomous trucking startup that had been working with Luminar the past two years. This dual approach puts Daimler’s ambitions at center stage, which is to have series-production L4 trucks on highways globally. billion SPAC merger.
Written by Aaron Lee, founder & CEO at iluma Agency. 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.
Almost exactly a year ago, we interviewed Revel founder and CEO Frank Reig when Revel was on the cusp of expanding into multiple business lines beyond its original scope of providing shared electric mopeds. That doesn’t do anything for the city, and it doesn’t accelerate any transition.
Dan Lewis, co-founder and CEO of digital freight company Convoy , didn’t start his company because he had a deep and abiding passion for trucking. Dan Lewis, co-founder and CEO of Convoy. At least, not at first. What do you think made Convoy stand out? So YC viewed this as a major disruptive play.
Meet 26-year-old Lotte Leufkens, the 2017 GSEA global finalist from the Netherlands and founder of CloudCuddle. CloudCuddle designs and produces transportable bed tents to enable families with handicapped children to sleep away from home. As soon as we reach US$250k revenue, I am determined to join the EO Accelerator program!
Travis VanderZanden is the founder and CEO of Bird. That’s a dramatic shift in urban transportation by any measure, and it prompts a simple but important question: How did we get here? It will be added to a growing body of research that’s rapidly influencing micromobility technology and accelerating its adoption around the world.
It also displays an emissions rating for possible transport options, allowing companies to track carbon emissions. Forto will be using the new funding to accelerate the development of its supply chain management solutions by adding order management and value-added services.
Aditi Shekar, the co-founder, gave me some notes about why the ongoing popularity of Venmo is validation for the company, instead of competition. Amazon founder and CEO Jeff Bezos announced weeks ago that he was shifting into an executive chairman role and AWS CEO Andy Jassy would take over as chief executive. You can stay anonymous.
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