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Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . Why micromobility may emerge from the pandemic stronger than before.
The desire to achieve something as simple as keeping shared electric scooters off sidewalks has driven the development of some advanced technology in the micromobility industry. We want to enable this kind of maturation of the industry.” And so that’s the true driver of the need for this.”
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. In the spring, Uber led a $170 million funding round in micromobility startup Lime. As part of the deal, Lime acquired Uber’s micromobility subsidiary Jump.
Zoomo also wants to build up its consumer model, which mainly serves couriers but is extending to commuters, and will invest in the development of its next generation of vehicle offerings. “We It also launched a new subsidiary to finance the vehicles, along with its software, to shared micromobility providers.
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. Bird developed a similar tech in-house. With Tier’s backing, that number will likely grow, but not just for Tier’s benefit.
Micromobility scooter docking startup Charge is betting that a boom in e-scooters and electric bikes will increase the need for charging stations around cities. Bowery Valuation raised a $12M Series A for their tech-enabled real estate appraisal platform.
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.
The startup will use the funds to hire more than 50 engineers, data scientists, business development, insurance and compliance specialists, as well as scale into new industry verticals and across into Europe. Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B million pre-Series A funding round. valuation.
Founded in 2012, the accelerator is focused on developing early-stage companies tied to the University of California system. Notable alumni include micromobility unicorn, Lime, and delivery robotics firm, Kiwi. The technology was developed by Hurd’s CTO, Charles Cai. Image Credits: EndoCrine Bio, Inc. Image Credits: Humm.
Finally, i f you, like me, are curious about how micromobility platforms are unlocking profits, and what tech is enabling this, you’re going to want to pay attention to this one. Voi says it has just reached 100 million micromobility rides across 80 cities in less than four years. . Other deals that got my attention….
The investment will enable us to transform the lives of hundreds of thousands of drivers across the continent, accelerate international expansion, and continue our pioneering initiatives in the mobility space,” said MAX co-founder and CEO Adetayo Bamiduro.
– Tech-enabled, virtual respiratory care provider that makes it easy to take the unknown and unmanageable out of respiratory illness and give control back to the patients suffering from it. DUCKT – Universal charging infrastructure solution dedicated to micromobility vehicles: bikes, e-bikes and scooters. CurieAi, Inc.
Increasingly, cities are choosing to limit the number of micromobility operators by awarding long-term contracts to the best operators which prioritize managing e-scooters and e-bikes in a sustainable and responsible way. The company also increased its global footprint with city launches in the United Kingdom and South Korea.
SaaS models and cloud technologies have eliminated some of the barriers for Israeli companies and enable companies to quickly set up and set up a proof of concept. JoyTunes, led by Yuval Kaminka has developed a music-learning platform that has skyrocketed in 2020. Led by CEO Pavel Gurevich the company is seeing excellent traction.
“GoDaddy is empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online,” says Andrew Morbitzer, vice president of corporate development at GoDaddy. “We The company has already enabled more than 28 million people in over 120 countries to kick start and scale their businesses online.
OurCrowd’s Business Development team will host a virtual job fair on Monday, Jan. Our micromobilityenabler Superpedestrian launched its first fleet of seated LINK e-scooters in the city of Baltimore, WBAL reports. CytoReason develops computational models of diseases based on proprietary and public data. Read more here.
Co-founded in 2019 by ex-Uber executive Dmitry Shevelenko, the company began with a mission of being the operating system for micromobility vehicles , one that uses remote operators to reposition shared electric scooters to locations where prospective riders are or send them back to the warehouse for a charge.
Since Fenix’s founding as a shared e-scooter operator in 2020, the company has regularly added business lines, from 10-minute grocery delivery to micromobility subscriptions to, now, ride-hail. “We start with mobility, which is an enabler for opportunity. Image Credit: Fenix.
While LatAm is the second largest two-wheeler market after Southeast Asia, electrification in the region has been slow to develop. So if we build the infrastructure, we enable them to access these huge potential savings.” Swobbee , a Berlin competitor, is doing something similar in Europe with smaller micromobility vehicles.).
Micromobbin’ I don’t want to get ahead of myself here, but are we close to reaching the point of no return on our micromobility revolution? All of the stars appear to be aligning towards the potential for exponential growth in micromobility adoption. You also can send a direct message to me at Twitter — @kirstenkorosec.
Meanwhile in the land of shared micromobility. Populus is partnering with cities and operators like Bolt , Tier and Voi in a European Union-funded, data-sharing initiative that will measure carbon reductions of micromobility. ” Instead, he argued that the money should be used for the development of the hydrogen.
The solution enables podcasters to edit their recordings with the click of a button, as a sort of digital audio technician in your pocket. Both micromobility and telemedicine seem very crowded at this point, and we believe the current market leaders in these sectors will become the winners.
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