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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.
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.
This trifecta serves as a catalyst for accelerated growth and long-term viability. Interstate System : Atlanta is a nexus for major interstates like I-20, I-75, and I-85, allowing for efficient road transport. Rail Network : Atlanta offers access to both Norfolk Southern and CSX Transportation.
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. The post ZEBOX expands global accelerator network to Singapore with Asia Pacific hub Launch first appeared on AsiaTechDaily - Asia's Leading Tech and Startup Media Platform.
The support and knowledge of this investor group will catalyze BasiGo in its mission to make East Africa a leader in inclusive, sustainable bus transport,” he said. BasiGo plans to supply over 1,000 mass transit electric buses to transport operators in Nairobi over the next five years. Image Credits: BasiGo.
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?
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.
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. I call these leadership attributes The Big 4. The Big 4 Leadership Attributes. Curiosity: The desire to continuously learn, discover, and grow intellectually.
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.
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.
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.
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.
Agtech is one of several robotics verticals that have seen accelerated interest during the pandemic, as labor shortages have become more pronounced. Image Credits: Burro. Burro has no doubt drawn interest from investors by quickly bringing its technology out for real-world testing.
’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. ” Starfish Space.
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.
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.
Other investors SBI Investment, Tokyu Land Corporation, Kushu Electric Power, Seika Corporation, JOIN (Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development) and exiting investor Venture Lab Investment also joined in the round. . 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
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.
We’ve also seen how local governments like Cedar Falls, Iowa, are able to rally support and install gig internet to accelerate economic development and growth for residents and home-based businesses, as well as have massive benefit to larger commercial enterprises. Distance and transportation.
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.”
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.
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.
It also ostensibly helps to avoid vehicle crashes, like the one currently being investigated by the National Transportation Safety Board based on a Joby aircraft crash in February. . The company said a similar facility will be set up in San Jose, Costa Rica, where Avionyx hails from, to accelerate those software verification efforts.
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’re not new. They’re not novel. They’re invisible. And their usage is growing. It really does put things into perspective, doesn’t it?
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. Adhesive tape or makeshift securing devices have been used to secure these tubes—which are far from optimal.
This summer I have the delight of facilitating the newest cohort of the AccelVT Accelerator. ” It will be an honor to help these entrepreneurs as they boldly work to solve crazy-hard problems that could literally help save the world.
By reducing overall fleet size, we play a significant role in the overall acceleration of the electrification of the entire yellow bus network.”. Rideshare startup HopSkipDrive raises $22M to focus on school transportation. m , another student transportation service, has a similar mission statement with a different path to market.
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.
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. It was a great day and the weather couldn't be better. One thing that struck me is how diverse the cityscape is outside of Manhattan.
Clime Capital , a Singapore-based fund manager focusing on accelerating the low carbon transition, is helping Vietnam address this concern through its partnership with EBOOST , the first mover open network electric vehicle (EV) charging operator in the country.
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.
Register Pangyo Techno Valley , located in Seongnam City, Gyeonggi Province, has surpassed the 10,000 passenger mark in just four months since the launch of the autonomous public transportation service, ‘ PanTa-G Bus ,’ equipped with autonomous driving technology. As of 5:00 p.m. kilometers. to 7:00 p.m.
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.
In anticipation of rapidly growing demand for electric vehicles and alternative transportation solutions, the company is building partnerships with governments, investors, businesses, and transportation providers throughout Southeast Asia to offer green transportation and fleet management services to support the region’s transition to zero emission.
The TILE system was onboard commercial spacecraft, one with Astra Digital and one with NanoAvionics, that went up on SpaceX’s Transporter-2 launch at the end of June. The company manufactures and assembles its product at its facility in Charlestown, Massachusetts.
From May this year, the Dat Bike Weaver++ electric motorbikes will be introduced in Ho Chi Minh City as part of the Gojek platform’s transportation and delivery service. It also aims to accelerate the transition to greener transportation for a better environment.”
One, it usually implies that you’re going to start going cash flow negative to accelerate growth. Could you imagine trying to measure the equity of transportation by measuring the price of the car purchased? What are the characteristics of this product? Well, if you add it to your startup, it does a few things. That adds risk.
The model, which comes without a steering wheel, accelerator or brakes, is designed for operating in urban open roads, said WeRide. WeRide and its rivals are testing various levels of autonomous driving vehicles in both the United States and major Chinese cities where local policies are supporting the futurist transportation tech.
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.”
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.
. “As Cruise and GM’s preferred cloud, we will apply the power of Azure to help them scale and make autonomous transportation mainstream.” ” The partnership extends to GM as well, according to Tuesday’s announcement.
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