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

Magna enters the micromobility and battery swapping market

TechCrunch

Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. Along with the funding, Magna will hold a seat on Yulu’s board of directors.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 key innovations taking e-scooters to a half-billion rides in 2021

TechCrunch

Understanding the key developments that helped advance micromobility over the past several years can give us valuable insights not only into where the industry is headed, but about how we can successfully shape it to meet the needs of hundreds of millions of current and future riders around the world. . #1:

article thumbnail

TechCrunch+ roundup: SBA startup loans, quarterly board decks, bootstrappers’ delight

TechCrunch

To keep their heads above the water in the coming years, semiconductor makers should back technologies that power other industries, such as AI/ML, digital services and micromobility, according to McKinsey partners Ondrej Burkacky and Nikolaus Lehmann. Build a solid deck for your quarterly board meetings.

board 83
article thumbnail

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

TechCrunch

Cliff is headed over to the California Air Resources Board. 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.

article thumbnail

Bolt Mobility has vanished, leaving e-bikes, unanswered calls behind in several US cities

TechCrunch

Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, appears to have vanished without a trace from several of its U.S. The company acquired in January 2021 the assets of Last Mile Holdings , which owned micromobility companies Gotcha and OjO Electric.

article thumbnail

SPACs keep rolling as autonomous vehicle startup Aurora targets blank-check debut with $13B valuation

TechCrunch

PRIMECAP Management Company, Reinvent Capital, XN, Fidelity Management and Research LLC, Canada Pension Plan Investment Board, Index Ventures and Sequoia Capital, as well as strategic investments from Uber, PACCAR and Volvo Group. ” Investors Clara Brenner, Quin Garcia and Rachel Holt on SPACs, micromobility and how COVID-19 shaped VC.