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Micromobility startup Voi has raised $45 million, funds it says will be used to research and develop technology that will improve safety, keep users from riding on sidewalks and ensure scooters are properly parked. Voi says having physical racks will help “create a sustainable service for cities and the people living in them.”
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.
The shared micromobility company with a presence in Australia, New Zealand, South Korea, the U.K. “That’s the only way to run both a sustainable business as well as a responsible service in a city in the long run.” The shared micromobility company with a presence in Australia, New Zealand, South Korea, the U.K.
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.
Serve Robotics, a name taken from the autonomous sidewalk delivery bot that was developed and piloted by Postmates X, has raised seed funding in a round led by venture capital firm Neo. It plans to ramp up research and development in the San Francisco Bay Area and expand its market reach through new partnerships.
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. The Hurd Co.
It is another milestone in our journey to make mobility safe, affordable, accessible, and sustainable by deploying high-performance technologies and operators. As part of its catalogue of services, MAX plans to build electric vehicle infrastructure in its new markets, with the intention of introducing EVs to its emerging clientele. “It
These companies often have lengthy, sizable fundraising rounds and years-long product development timelines, which means they’re particularly vulnerable to external market forces. Priyanka Srinivas, co-founder and CEO of food tech startup Live Green Co., ” 5 tips for scaling your green startup during a funding drought.
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.
billion valuation, reflecting its sustained growth. The new cash will be put toward acquisitions, more hiring and product development. MasterClass , the platform that sells subscriptions to celebrity-led classes, cut 20% of its team — roughly 120 people — to “get to self-sustainability faster.” Startups and VC.
Shared micromobility operator Veo has raised $16 million in new funding as the company ramps up its expansion plans in the United States. The Series A funding round, which follows permit awards in Santa Monica, San Diego and New York, will be used to expand Veo’s fleet and focus on developing city and community partnerships.
We realized it was incredibly difficult to maintain this sustainability ethos,” Baker said. . Corporate sustainability initiatives may open doors for carbon offset startups. EcoCart said it spent months developing a proprietary algorithm to calculate the carbon footprint of online orders.
Superpedestrian is on a mission to make micromobility better in cities across the UK and around the world. In fact, according to Haya Verwoord Douidri, the company’s EVP Global Market Development, Policy and Strategy, it is precisely because Superpedestrian works so closely with cities that it has proven so successful in recent years.
Either through in-house development or mergers and acquisitions, Via wants to use the funds to add more products to its suite of tools. ” Via has also been able to show investors that it’s got a sustainable business. “Potentially we’d be interested in control access, also. .
Several micromobility companies once operated in my city, but consolidation has reduced that to a small handful. This in-depth industry analysis shows how increased regulation on the local level and changing consumer habits are pushing micromobility providers to adapt and innovate. Image Credits: TechCrunch/Bryce Durbin.
TechCrunch reporter Rita Liao examined how the company’s agile supply chain has become hot talk among e-commerce experts, but beyond a strong logistics game and data-driven product development, Shein’s close relationships with suppliers are integral to its success. Here’s how to avoid that situation. Image Credits: Bryce Durbin.
Chris Jackson, the vice president of client development at CompTrak, writes in a guest column that having a conversation about diversity, equity and inclusion initiatives and “agreeing on the need for equality doesn’t mean it will be achieved on an organizational scale.” Image Credits: TechCrunch. Image Credits: TechCrunch.
In Norway, sustainability-focused companies. Both micromobility and telemedicine seem very crowded at this point, and we believe the current market leaders in these sectors will become the winners. Its attractiveness was obviously declining pre-COVID as well, but the crisis has only made the sustainable shift stronger.
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