Remove accelerator Remove investment Remove micromobility
article thumbnail

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.

article thumbnail

Uber sells air taxi business Elevate to Joby Aviation, shedding its last moonshot

TechCrunch

The transaction announced Tuesday is part of a complex deal that includes Uber investing $75 million into Joby and an expanded partnership between the two companies. The $75 million investment comes in addition to a previously undisclosed $50 million investment made as part of Joby’s Series C financing round in January 2020 , Uber said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PANDEMIC VENTURE INVESTMENT SERIES EPISODE 2: MOBILITY

OurCrowd

“The entire way in which people and goods move around has changed,” Machluf said in the second episode of the Pandemic Venture Investment Series , co-sponsored by OurCrowd and Anthony Scaramucci’s SALT. When you can lower your costs, your market and the promise becomes so much bigger for micromobility,” he said.

article thumbnail

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

TechCrunch

billion following a $1 billion investment last year from Toyota, DENSO and SoftBank’s Vision Fund. Instead, Uber is handing over its equity in ATG and investing $400 million into Aurora, which will give it a 26% stake in the combined company, according to a filing with the U.S. Urmson thinks differently.

article thumbnail

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

TechCrunch

Asia-based private equity firm Hillhouse Investment is leading the round, with Gillian Tans , the former CEO of Booking.com, also participating. Today’s investment shouldn’t come as a surprise. The coronavirus pandemic has accelerated plans to transform European cities — and prioritize bikes over cars.

article thumbnail

Tier Mobility’s buy of Fantasmo brings camera positioning tech in-house

TechCrunch

Shared micromobility company Tier Mobility said on Wednesday it has acquired Fantasmo , a U.S.-based Fantasmo has other micromobility operators in its portfolio, including Helbiz. based computer vision-powered e-scooter parking startup whose tech Tier had been trialing in multiple cities in Europe.

article thumbnail

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.