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Six months ago Upfront Ventures announced its first Partner hire since 2007 – Greg Bettinelli. Greg immediately hit the ground running with a few themes that he had developed while the CMO at HauteLook, a successful eCommerce business that sold to Nordstrom for $270 million. I wrote about him here.
In 2017, we partnered with iconic leaders in American business to turn the thesis we developed on the road — that great companies can start and scale anywhere when given a chance — into an investment vehicle. Interstate System : Atlanta is a nexus for major interstates like I-20, I-75, and I-85, allowing for efficient road transport.
Anyone who was doing something new and cutting edge should feel connected to each other--whether or not they are building a venture backed startup. It's even more relevant now that I've started the first venture capital fund in Brooklyn-- Brooklyn Bridge Ventures --and invested in four Brooklyn based companies. 10 Jay Street.
With AI bursting all around us and the James Webb Space Telescope sending back stunning images from the universe, new and bold ventures continue to emerge. They assembled a team of top industry talent to develop and build cost-effective one-hour global transport.
Venture Capital is a tricky industry. Many questioned whether it could survive under the fail whale, inevitable competition from Facebook, founder fighting, fights with 3rd-party developers let alone become a revolutionary business that could make money. Far from it. Lots of it.
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.
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.
Consequently, the Bay Area experienced a surge, capturing over one-third of all early-stage venture funding in the U.S., Roads, bridges, and transport will make or break a city’s ability to grow its startup ecosystem and talent pool. marking its highest level since 2017. Seed- and Early-Stage U.S, Infrastructure touches everything.
Register Venture capital firm Goodwater has concluded its latest funding round, raising $1 billion in capital commitments for its fifth early-stage and third opportunity-style funds. Founded in 2014 by industry veterans Chi-Hua Chien and Eric Kim, Goodwater is the largest venture capital fund focused on consumer tech investments.
Collectively , they have raised over $100 million in venture capital. Fintech startups and those from Nigeria, Kenya, Egypt and South Africa get looked at the most by venture capitalists. This vital industry is the lifeblood of Africa’s cities and powers economic development.
Toyota AI Ventures, Toyota’s standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. The introduction of these two new funds, each worth $150 million, brings Toyota Ventures’ total assets under management to over $500 million.
Her experience working alongside frontline healthcare professionals inspired her to develop the Horseshoe , a device that directly addresses the challenges of securing breathing tubes safely and effectively. Adhesive tape or makeshift securing devices have been used to secure these tubes—which are far from optimal.
million in pre-Series A funding led by Jungle Ventures. Its new funding is the first time Jungle Ventures has invested in the mobility sector and included participation from Wavemaker Partners, Hustle Fund and iSeed Ventures. One of Dat Bike’s advantages is that its bikes are developed in house, with locally-sourced parts.
The startup, which develops software-as-a-service solutions for the logistics and supply chain industry, has raised $6.5 million in Series A funding led by East Ventures. The new capital will be used on developing products for SMEs and establishing a stronger foothold in Indonesia’s Tier 2 and Tier 3 cities.
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.
Its strategic proximity, coupled with the ease of trade due to various international agreements, a skilled workforce, and efficient transportation infrastructure, make it an appealing choice. Relying solely on foreign investments can limit the vision of business leaders and deter them from venturing into first-world markets.
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.
The company recently secured funding in a Series A round, which was led by TRIVE Venture Capital , a Singapore-based firm specializing in early-stage high-growth technology companies. Charge+ holds an existing contract with the Singapore Land Transport Authority to supply approximately 4,000 EV charging points in housing estate car parks.
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. since December 2020, as per its statement.
Parallel Systems also intends to use the new investment — which was led by Anthos Capital and includes investments from Congruent Ventures, Riot Ventures, Embark Ventures and others — to hire about 60 engineers, most of whom will deal with software, says Soule.
WeRide, one of China’s most-funded startups developing autonomous driving capabilities, said on Wednesday that it has raised a $200 million strategic round from Chinese bus maker Yutong. The partners have already jointly developed a front-loaded driverless minibus for mass-production.
Everyone is a rock star developers, every company is crushing it and when they’re not crushing it they’re killing it. Do fewer business development deals but make the ones you do have more impact. They simply said, with shrugged shoulders and without trying to make a big deal about it. Not less work but fewer “things.”
The automotive startup is developing data transport and acceleration technology for automobile networks that support autonomous driving and electrical vehicles (EV). Advanced Driver-Assisted Systems (ADAS), autonomous driving (AD) and the ecosystem of customer software delivered Over the Air (OTA) require efficient data transport.
Te Puna Umanga/Venture Taranaki has now released the final three episodes of PowerUp Podcast , Season Three, hosted by long time business advocate David Downs. Don’t miss the final three episodes that uncover award-winning breweries, pioneering industrial transport, and impressive digital content creators. CJ Mahony, AGTRANS.
, she joined the Los Angeles Cleantech Incubator, where she developed a first-of-its-kind EV Network Technician Training Curriculum. The company uses a workforce-development approach to hiring, meaning that they only hire in cohorts. If it moves people and packages from Point A to Point B, we cover it.
million Series A , was completed by five investors: Tencent, Nielsen Ventures, and existing investors Owl Ventures, TLcom Capital and Founder Collective. Early this year, uLesson brought on Owl Ventures as a strategic investor in its second round of funding. The investment, which comes 11 months after uLesson raised a $7.5
This path certainly gave me a much broader view of the industry, and the experience was invaluable for my development as a leader. You do not build a business knowing you have a 90 percent chance of success; rather, you go into the venture knowing there will be some uncertainty involved. But it was not easy.
When starting in Nigeria, most two-wheel ride-hailing startups begin from Lagos, the nation’s hotbed of commerce and transport. The latter is known for endorsing NURTW , a transport group known to legally extort riders daily or weekly in the city. These startups, like SafeBoda, are heavily backed by U.S., Image Credits: SafeBoda.
The funding round was led by Ortus Star, with participation from existing investors Cocoon Capital and YCAB Ventures and new investors, including Goldbell Investment, NP Consulting, Damson Capital, and several angel investors. Their offerings include a fleet management system, transportation management system, and truck appointment system.
Among the interested investors is Bessemer Venture Partners. MoveinSync: Revolutionizing Corporate Commutes with Diverse Solutions Established in 2009 by Deepesh Agarwal and Akash Maheshwari, MoveinSync has developed various solutions to streamline employee commutes for large corporations. million trips each month.
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 Station is a weekly newsletter dedicated to all things transportation. The fourth round of the Transit Tech Lab has launched and is looking for technologists to submit ideas on ways to restore customer confidence in public transportation, improve resilience to weather extremes, and further reduce the region’s carbon footprint.
The four-year-old startup’s efforts caught the eye of Khosla Ventures, which co-led the financing along with Zeno Ventures. . Also, Mighty Buildings plans this year to market its Mighty Kit System and a new fiber-reinforced material for multi-story projects as part of a planned B2B platform for developers.
The Impact Accelerator is part of the company’s $100M Racial Equity and Justice Initiative , which is being divided between a number of efforts, some directly funding existing programs, some going to venture firms owned by people of color, and generally whatever the Initiative’s team thinks is a good investment.
“Our airspace is going to get more crowded than ever, but most companies today are concentrating only on hardware development,” said Terra Drone CEO and founder Toru Tokushige , who is also serving as the CEO of Terra Motors, which develops electric vehicles. and Southeast Asia. Terra Drone’s uncrewed traffic management. “We
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?
The deal could pave the way for a new business that would offer carbon capture and sequestration services to commercial enterprises around the world, if the joint venture between Climeworks and the newly formed Northern Lights company is successful. “Direct Air Capture will need to grow at a gigaton scale.
’s venture capital fund CapitalG. The company, which runs an app matching truck drivers and merchants transporting cargo and provides financial services to truckers, was formed from a merger between rivals Yunmanman and Huochebang in 2017. The Chinese Uber for trucks Manbang announced Tuesday that it has raised $1.7
Coatue Ventures, Lightspeed Ventures, Eclipse Ventures, Teamworthy Ventures and Pathbreaker Ventures all believe this is the future, to the point of backing the Mountain View, California-based company with a $130 million of total funding.
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. Hyundai currently owns a 20.4%
As a greater share of the transportation market becomes electrified, companies have started to grapple with how to dispose of the thousands of tons of used electric vehicle batteries that are expected to come off the roads by the end of the decade. Photo: Battery Resourcers).
This includes our emissions for transports, which is why we are now shifting to electrical vehicles, which reduces our climate footprint by 87% on these routes,” said Simon Broadbent, supply chain director at Oatly, in a statement at the time. Argo, a developer of self-driving technology, is now worth $7.5 billion valuation.
When Brian Schiff, Sam Krut and Jacob Cooper founded the company in 2015, they were still undergraduates at Cornell University and it was initially an Uber-like social transportation app to help people find rides on college campuses where the transportation giant wasn’t operating. The funding round he refers to is $6.5
We partnered with various founder organizations — who in turn nominated promising early-stage startup founders — and collectively provide educational resources and mentorship to help these young founders develop and succeed over the course of the year. Founded by Denise Umubyeyi. Go Together, Inc. : Founded by Kimberly Moore.
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