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Endera, a rapidly growing leader in the electric vehicle (EV) industry, has secured $49 million to propel its mission to revolutionize the American transportation sector. This infusion of capital will enable the company to scale production, expand its product line, and generate new jobs at its world-class production facility in Ottawa, Ohio.
The shipping business in Africa has for years been inefficient and costly due to the traditional ways of managing operations – traditional in the sense that a shipper has to physically look for a transporter, sometimes through a middle-man, and often, once goods are delivered, the trucks almost always make the return trip empty.
Early stage VC’s are also aligned around turning over every rock when it comes to finding innovation hubs and being the connectors between them and the rest of the community. They need to be focused on housing cost, transportation crime, and the kind of zoning that enables a critical mass of interesting local businesses to thrive.
At Impact Hub, we are excited to team up once again with IKEA of Sweden, this time to find the innovators and disruptors of the packaging sector. After a successful Food Innovation Program , applications are now open to the IKEA Packaging Innovation Program. How can we reinvent packaging for a more sustainable and better future?
For years, the prevailing narrative for innovation in supply chain has focused on the disruptors: Upstarts that enter the industry with new technologies and business models to displace incumbents. But in verticals ranging from freight brokerage to B2B marketplaces, these enablers have repeatedly emerged after an initial disruption.
Everyone is bullish on planet-forward innovation right now. So we asked Revolution Growth Partner, Kristin Gunther , Revolution Ventures Partner, Clara Sieg , and Rise of the Rest Principal, Mahati Sridhar , for their thoughts on the current and future state of climate innovation. Here’s what they had to say. “As
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. The following September in 2014 the company received a $3.6
From May this year, the Dat Bike Weaver++ electric motorbikes will be introduced in Ho Chi Minh City as part of the Gojek platform’s transportation and delivery service. It also aims to accelerate the transition to greener transportation for a better environment.”
Those that innovate now to introduce adjacent services will emerge as winners in the next few years, with some inevitably becoming billion-dollar companies. Compliance: In some verticals, particularly those related to healthcare and chemicals, there is a heavy compliance burden to ensure goods are properly sourced and transported.
A smaller portion of rail freight movement is referred to as intermodal activity, which essentially involves moving steel containers between a range of different modes of transportation, like boats and trucks. “When that becomes a problem is when you’re figuring out where to park that big train, and the answer is, not many places.”
This innovative model allows SME owners to secure collateral-free business loans with just a few clicks on their mobile phones. It assesses potential credit risks more accurately, enabling the bank to make more informed credit decisions when farmers apply for collateral-free loans.
TransTRACK is a technology enabler startup that focuses on digitizing fleet operations. By leveraging their innovative solutions, TransTRACK aims to streamline and optimize fleet management processes through digital platforms. percent, according to Statistics Indonesia (BPS).
This large-scale global pandemic made healthcare – an industry traditionally slow to adopt innovation because of cumbersome regulatory and governmental pathways, low IT budgets, legacy systems, lack of trained personnel, and more – ripe for disruption.
Over the last decade, there have been many innovations that have changed our lives by addressing long-standing pain points in age-old industries like transportation and financial services, and in so doing, raised complicated questions for policymakers and society.
a startup that enables on-demand repair of electric vehicle charging stations. Driving Innovation at General Motors: GM is in the midst of sweeping changes that will eventually turn it into an EV-only producer of cars, trucks and SUVs. This time, we will chat with Kameale Terry, co-founder and CEO of ChargerHelp!
Second place of $4,500 went to Workforce Consolidation Solutions , founded by Ronnie Tillman-Hill and Alex Steele (Dauphin County): Providing eco-friendly employee transportation solutions, WCS optimizes routes and reduces commute times, enhancing employee experience and workforce management.
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.
We sell to consumers who want to reduce the carbon intensity of the fuel they use, either because they’re required to or because they know it’s the right thing.”. • “The transportation sector is one of the largest emitters of greenhouse gases. They would be competing to be not just best in the world, but best for the world.” .
. “The team at Uber Elevate has not only played an important role in our industry, they have also developed a remarkable set of software tools that build on more than a decade of experience enabling on-demand mobility,” Joby Aviation CEO JoeBen Bevirt said in a statement.”
On Wednesday, January 24, the inaugural cohort of startups from i2E’s Bridge2 Pre-Accelerator program presented their groundbreaking innovations during the Bridge2 Demo Day at Sailor & The Dock in Oklahoma City. Each founder showcased the innovative business ideas they developed and refined throughout the Bridge2 program.
and South Korea’s KT Corporation , formerly Korea Telecom, have agreed to pursue a potential business collaboration and partnership that will support the digital transformation of local businesses by providing innovative enterprise technologies. Register Philippine fiber internet provider Converge ICT Solutions Inc. Converge and KT Corp.
The genuine progress in IT from the 1970s up to the 2000s masked the relative stagnation of energy, transportation, space, materials, agriculture and medicine. Like Thiel, I think Christensen undervalues efficiency innovations. Combining efficiency innovations can lead to enablinginnovations that create new industries.
There’s an urgent need for a global air traffic management solution to enable safe and efficient drone and urban air mobility (UAM) operations, and Terra Drone aims to be the leading player building the digital infrastructure in the sky.” . We will be able to scale up operations and innovation faster.” . and Southeast Asia.
Construct Capital co-founders and general partners Dayna Grayson and Rachel Holt continue to dive into innovation that some investors may not think is so sexy, but actually runs behind the scenes so that our food gets to grocery stores every week and our packages arrive when they say they will.
The investment will be used to accelerate the development and commercialization of GB’s AI and 3D vision-based “autonomous mobile robots” or “AMRs” These perform simple tasks such as transporting, picking up and dropping off products in order to free up humans to perform more valuable tasks.
Focusing on mission-critical energy needs across industries like data centers, construction, and transportation. “This funding marks a significant milestone, enabling Fuel Me to accelerate the development of advanced technology while continuing to deliver unparalleled service to our customers.
per the 2020 report of the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). Sumutasu says its platform enables users to access a fair house valuation in an hour. . and the U.K., The company is partnered with more than 20 banks and remodeling companies. . The company has a team of 30 people. .
Furthermore, with the innovation 5G enables, we can transform industries like education and healthcare, job and skills training, civic engagement and even public services. Segmentation can deepen the digital divide, restrict innovation and even limit much-needed digital transformations of health, education and transportation.
Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 Between 2006 and 2010, CEO Wilkerson, then a journalist and researcher, spent a great deal of time using motorcycles ( Boda bodas ) for quick and flexible transport. million in a Series A extension round.
A quick aside: Like Uber worked for items that were already street-legal, Airbnb initially enabled homeowners to rent their extra space. The impact of software on transportation and housing is evident.]. I believe it is important to consider the time in which Uber and Airbnb grew their networks. Today is a very different time.
“You don’t have to transport it… You can’t liquefy it… You don’t have to worry about transporting it because it’s a low-density fuel… It’s a mess… If you make it on site all of those challenges go away… We think infrastructure is going to be fine.”
We are excited to continue our partnership with Watershed to drive innovation, efficiency and optimal outcomes for the providers, members and communities we serve.” We’re also measuring and promoting the care coordination behaviors that impact patient outcomes, enabling organizations to identify valuable partners.”
The Techstars-backed startup is focused on drone operations in industrial settings — building tech to scale the use of drones for inspection and maintenance purposes in industries, such as the oil & gas sector, by enabling pilots to remote-control craft from a central location, rather than needing to be on site for each flight.
The fund has partnered with World Innovation Lab (WiL), a Silicon Valley- and Japan-based venture capital firm with roughly $1.5 The Silicon Valley Innovation Lab works directly with the CVC team to drive business development activities between portfolio companies and Tokio Marine companies post-investment,” Pretre said. .
“We’ve built a platform that enables hyperlocal measurement. Bosch invents and delivers connected solutions for a smarter future across transportation, home, industrial and many other fields. We measure all the greenhouse gases as well as regulated air pollutants.
Get ready for two days of programming dedicated to taking a deeper dive into the future of transportation and to meet the people who are shaping it. It’s been three long years since our last in-person mobility event, but the day has finally come. Welcome to Day One of TC Sessions: Mobility 2022 !
The tour will end the week with a visit to Puerto Rico to explore innovation and entrepreneurship with Chef José Andrés. For the pitch competitions in Orlando, Tampa Bay, Miami, and Puerto Rico, innovative startups based within a 100-mile radius of a tour stop were invited to apply. DermaSensor | DermaSensor, Inc.
Through this participation, Vestella Lab aims to solidify its position in the Middle Eastern market by showcasing innovative parking solutions for overseas smart cities. At GITEX 2023, Vestella Lab introduced a smart parking navigation system centered around artificial intelligence. We’re here to facilitate valuable partnerships.
It has now become a materials innovation company disrupting how clothes are made. It is enabling people to contribute to the possibility that their children will enjoy the lives that they did and making them feel good about it? — ?through today and has chosen an apt ticker to do it: BIRD. through comfort, style or performance? — ?and
The Boston-based startup built a platform, which provides tech-enabled caregiver support through employers and health plans. There are so many activities built into the care plan that fall to family caregivers – like medication management, transportation to and from appointments, managing dietary needs.
With his company Mediport, which provides logistical support in transporting vaccines and pharmaceutical products, there is the potential to save lives using smart processes to ensure timely deliveries and well-maintained products. Such a service-based model enables entrepreneurs to become part of a solution.
And even though robotics is weathering the current slowdown in venture funding better than other tech sectors, it’s still too easy for innovative inventions to remain stuck in the lab. Milo Werner is a general partner at The Engine, a VC firm that helps deep tech companies bridge the gap between discovery and commercialization.
“We focus on enabling smart data solutions, which means any direct end user device whether it’s a smartphone or tablet, or a drone, anything that can use computer vision,” said CEO and co-founder Samuel Mueller in an interview. That, in turn, is driving a faster pace of innovation to speed things up even more.
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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