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Bolt , an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. billion, based on a 1.5x multiple on GMV of €3.5
In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and ( most recently ) on bikes across developed and emerging markets in EMEA is announcing a major round of funding. billion ($4.3 billion).
At Rise of the Rest, we’ve spent years traversing the country, spotlighting emerging startup hubs, and building a network of entrepreneurial champions and ecosystem builders beyond Silicon Valley, New York City, and Boston. Rail Network : Atlanta offers access to both Norfolk Southern and CSX Transportation. Plastomics: St.
During my tenure with the local University I worked with economic developers all across Iowa, from Sioux City to Davenport and a great many small but mighty communities in-between: Grinnell, Parkersburg, Webster City and Lamoni to name a few. Entrepreneurial development in rural areas is needed now more than ever.
Vehicle networks to drive down cost and complexity while improving power efficiency in next-generation architectures Capital continues to flow to technologies that are driving the future of the automotive industry, as seen in the recent announcement made by startup Ethernovia, Inc. having recently completed a $64 million A-round.
You might not think much about the train or the airplane that gets you from one place to another, but behind any transportation link is a vast sprawling network of electronics, devices and data that keep trains on the tracks and planes in the sky.
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?
Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. ” Archer lands $1B order from United Airlines and a SPAC deal.
The new hub in Singapore will address business and sustainability challenges in sectors such as supply chains, logistics, transport, and energy, in vibrant and fast-growing Asian markets. The ZEBOX Asia Pacific hub has the support of Enterprise Singapore and the Maritime Port Authority of Singapore (MPA).
A SLC product does not require ongoing development in order to add value. Although not called SLC, there’s a popular meme in product circles that neatly encapsulates the idea of SLC in a diagram: The Modes of Transportation example from the Spotify product team: A skateboard is a SLC product.
Supply chain disruptions — triggered by factors including demand surges, high transportation costs and pandemic-related lockdowns — are expected to continue well into next year, experts predict. Companies are experiencing the brunt of the impact, with 36% of small businesses responding to a 2021 U.S. This has been costly.
The YLAI Network offers key takeaways to help emerging entrepreneurs take part in greening their businesses. Whether by land or air, transportation accounts for over a quarter of total yearly greenhouse gas emissions. Developing sustainable partnerships can help the partners keep each other more environmentally responsible. .
While that seems like common sense, most communities around the world don’t have tools that can monitor emissions and pollutants at the granular levels they need to develop plans that can address these pollutants. We deploy sensor networks that combine mobile sensing where we use fleets of vehicles as a roving network.
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.
million seed round, is working to create a more efficient, decarbonized freight network that flows on top of existing railway infrastructure. rail network accounts for 28% of all freight movement , but most of that is bulk movement activity — large trains that move primary resources like coal and lumber. million Series A raise.
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.
To use natural gas as a transportation fuel, it must be compressed so that it has the same energy density as gasoline or diesel liquid fuel. The award money was dedicated to addressing the obstacles and barriers associated with adopting natural gas as a transportation fuel. Jeff Witwer, and together, they founded Onboard Dynamics.
Veev, a real estate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” Interestingly, Veev Group started its life as a traditional real estate developer and asset manager.
We love the productivity and independence that comes from oil powering our machinery & transportation but we hate enriching producers that we feel sometimes act against our best interests as consumers. In Hulu it is each individual studio / network wanting to push their own stuff direct rather than through Hulu.
Onomondo , a startup offering a dedicated wireless network for internet of things (IoT) devices, today announced that it raised $21 million in a funding round led by Verdane with participation from Maersk Growth, People Ventures, and The Danish Growth Fund. A network reserved for IoT devices isn’t a novel concept.
Many people in emerging markets depend on informal public transport to move across cities. Google, Toyota Tsusho invest in WhereIsMyTransport to map transport in emerging cities. As a mobility startup, WhereIsMyTransport maps formal and informal public transportnetworks. Devin de Vries (CEO WhereIsMyTransport).
Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel. In this case, the software development stays in house at Waymo; Daimler is just concentrating on the chassis development.
, she joined the Los Angeles Cleantech Incubator, where she developed a first-of-its-kind EV Network Technician Training Curriculum. Shortly after, Terry and Ellis were accepted into Elemental Excelerator’s startup incubator and have landed contracts with major EV charging network providers like EV Connect and SparkCharge.
That’s a dramatic shift in urban transportation by any measure, and it prompts a simple but important question: How did we get here? What was lacking, however, was a unified body to help guide and develop mobility data standards across the micromobility industry. 2: First custom-designed shared scooters released (fall 2018).
Vic Patil thinks the solution lies in a “mesh” — specifically what he calls a “supply mesh,” inspired by the way wireless mesh networks function. Backbone today announced that it raised $14 million in seed funding from Nautilus Ventures, 12/12 Ventures, and individual investors to prove out its technology.
million Series A round by Universal Hydrogen , a Los Angeles-based startup aiming to develop hydrogen storage solutions and conversion kits for commercial aircraft. The company’s first product will be lightweight modular capsules to transport “green hydrogen,” produced using renewable power to aircraft equipped with hydrogen fuel cells.
The public transport sector in Kenya is largely traditional and a majority of operators, especially those in road travel, still require their clients to physically book tickets at their offices even when making advance travel plans. Others do not have provisions for seat reservation.
She has worked with companies from all sectors, including Transportation, Telecom, and Manufacturing companies to guide their Supply Chain and Inventory strategies. As a startup, youre always juggling multiple priorities, whether its fundraising, product development, or scaling your team.
Lilium Aviation , a five-year-old, Munich, Germany-based, venture-backed startup that designs and makes electric vertical take-off and landing jets, is reportedly seeking tax incentives from the city to build a 56,000-square-foot transportation hub with the promise that it will create 100 high-wage jobs in return.
Over the past decade, some of the biggest names in the tech, VC, automotive and aerospace industries have poured millions of dollars into developing electric vertical take-off and landing (eVTOL) aircraft. What role should it play — in existing cities and when designing future urban transportation systems?
Experiencing first-hand the skill and dedication of the people I worked with, I have no doubt AVs (like Olli) are the future of transportation.” The first generation of the shuttle debuted in 2016 in National Harbor, Maryland at a mixed-use development.
Alertgy | About : Alertgy has developed a non-invasive continuous blood glucose monitor and alert system. InitWeather | About : InitWeather uses artificial intelligence to develop more accurate weather forecasts for the energy and financial industries. DermaSensor | DermaSensor, Inc.
The report also pinpoints other metrics such as fixed and mobile broadband connections and mobile cellular network coverage. These markets make up 32% of Africa’s population, 51% of the continent’s mobile network connections, 50% of its professional developers and 51% of its GDP. trillion in consumer expenditure from over 1.7
Julie Gerdeman, Everstream’s CEO, says that the fresh capital will be put toward product development, hiring and customer success efforts. Everstream offers its own dashboards for data analysis, but also integrates with existing enterprise resource planning, transportation management and supplier relationship management systems.
Like the EO members who are making an #EOImpact in their support of United Nation’s Sustainable Development Goals (SDGs) , Alice believes that business leaders are in a position to solve the greatest problems facing our world today: climate change, resource scarcity and social dynamism.
Charge+ holds an existing contract with the Singapore Land Transport Authority to supply approximately 4,000 EV charging points in housing estate car parks. This proposed network will be Southeast Asia’s longest EV charging support, potentially making electric vehicle travel more accessible and convenient across the region.
The executive has a background in strategy and management consulting that progressed into a career in product development for top tech companies like Google and Amazon. To date, the company has raised almost $1 billion to scale its platform, which connects the fragmented network of shippers, carriers and brokers across the United States.
Whether you are an undergraduate student with a startup idea or an MBA candidate building your company, TC Mobility offers students the opportunity to connect and collaborate with the industry leaders, investors and operators responsible for driving transportation innovation. 2: Build or expand your network. 5: Tickets are just $75.
Save the date and get ready to rub virtual elbows with mobility’s best and brightest minds — the movers, shakers and policy makers that are shaping the future of transportation. We’re excited to host another day dedicated to the people — and the technology they’re developing — that’s changing transportation. Yes, you can!
Description: “4pi Lab is developing a Low-Earth Orbit (LEO) satellite constellation providing real-time, wildfire detection, monitoring and reporting. By storing these encrypted fragments across a distributed network of devices, it can secure data collected on the edge and have application within Satcoms, Defence and Enterprise.”
Their joint efforts include the installation of EV charging infrastructure at multiple facilities, including the BMW network of dealerships, and providing diverse EV fleet solutions in the Malaysian market.
When asked how they developed this groundbreaking formula, they say, “We didn’t create the formula out of whole cloth; we stood on the shoulders of both obscure and mainstream luminaries like Warren McCulloch, W. Fixing a car is complicated; fixing a city’s transportation infrastructure is complex.
Focusing on mission-critical energy needs across industries like data centers, construction, and transportation. Fuel Me provides efficient fuel operations through an aggregated nationwide fuel procurement vendor network. Fuel Me is a first-of-its-kind platform that revolutionizes fuel procurement and management.
The Station is a weekly newsletter dedicated to all things transportation. Against that backdrop of unsafe practices, I wanted to note an important departure over at the Department of Transportation. The UK’s Department of Transport reports weekday cycling rates have jumped 47% in the first half of 2022.
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