This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Beam , a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. Advanced rider assistance systems: Tech spawned by the politics of micromobility. Singapore’s micromobility startup Beam raises $26 million.
Gbike , a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system. . The financial terms of the deal were not disclosed. .
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.”
. “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.”
“Their expectations for quality commercial vehicles, on demand service, flexible financing and tech enabled security features spurred us to innovate. It’s a tall order, and Zoomo’s strategy could be leading a new trend in micromobility of being a one-stop shop that promises quick scalability.
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. based computer vision-powered e-scooter parking startup whose tech Tier had been trialing in multiple cities in Europe.
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.
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.
The transaction will enable the combined entity to retain net proceeds of up to $428 million of cash, according to Switchback, which brings $316 million cash-in-trust to the table. Micromobility’s next big business is software, not vehicles. Apollo Investment Corp.
The traditional world of vehicle insurance is not built for newer mobility models, like peer-to-peer, which is currently DigiSure’s bread and butter, or shared micromobility, which the company sees a lot of potential in. Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation.
Micromobbin’ Since we’re making predictions, I’d be remiss if I didn’t share some thoughts about what 2022 may hold for the world of micromobility. Crystal ball says… More e-bikes will hit the shared micromobility space. He also said we can expect a marriage between micromobility and the metaverse.
Shared micromobility company Voi is deploying e-scooters in Oslo, Norway with Drover AI’s computer vision tech that can identify whether a scooter is on the pavement, road or cycle lane in order to help prevent sidewalk riding. Learn the keys to unlocking micromobility profits at TC Sessions: Mobility 2022.
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. .
The rush to grow, outrun, and disrupt runs in the lifeblood of today’s entrepreneurs, driving their fervor and enabling them to capture markets from giants of industries too big to maneuver in a quickly changing landscape. Startups are the embodiment of frenetic action. In your Medium post titled “Sorry, Boys. That was pretty bold. .
Notable alumni include micromobility unicorn, Lime, and delivery robotics firm, Kiwi. Publica is a service that enables authors and content creators to have their own custom storefront to share, market and sell e-books, audiobooks and any other types of digital content with no intermediaries,” CEO Pablo Laurino tells TechCrunch.
– 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.
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.
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.
“The partnership enables us to scale from being a producer that does individual production runs of some number of bikes to a point where we can get into rolling production and scale that up to thousands and potentially tens of thousands of vehicles,” Katherine Sandford, Ubco’s CEO and executive chair, told TechCrunch. .
The company has already enabled more than 28 million people in over 120 countries to kick start and scale their businesses online. The world’s first AI-powered logo design and branding platform, Tailor Brands makes it simple to create a unique online brand identity with no design experience and get up and running in minutes.
” The transaction includes $30 million PIPE anchored by institutional investors and approximately $80 million in net proceeds will be fed into Helbiz’s micromobility and advertising businesses, which have 2.7 million users. Its subscription service allows users to take unlimited 30-minute trips on its e-bikes and e-scooters every month.
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. Riskified makes e-ommerce easier and safer and enables a thriving e-commerce environment. WFH enablement tools (from security to communication tools). More than 50%?
Our micromobilityenabler Superpedestrian launched its first fleet of seated LINK e-scooters in the city of Baltimore, WBAL reports. Parts of the country are under severe curfews and travel restrictions as health authorities try to curb the spread of both the Delta and Omicron strains of the virus.
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.
With the apparent demise of Bolt Mobility, the divide between technology businesses and those that are merely tech-enabled is back at the forefront of our minds. Once a key point of discussion when the IPO market was alive , today we’re sifting through what is left of the micromobility sector, now freshly depopulated to a new local maximum.
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.
Supan and Marquez are childhood friends who started an e-commerce enabler in 2017. The next big market opportunity for micromobility is commercial, not consumer. The platform is currently integrated with 9 courier companies, and the founders say its the only aggregator in the Philippines that has both on-demand and standard couriers.
The co-founders want to bridge the gap in technology-enabled financial services that they found in Mexico. Colyer worked for G2 after a stint at Stanford, eventually moving back to Mexico and working on a micromobility startup called Uva Scooters.
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.). But first, Leoparda has to figure out how to enable users to swap their own batteries.
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.
The first wave of electric micromobility was shepherded by the ( still largely unprofitable , bless them) shared micromobility companies — the Limes and Birds of the world that popularized electric scooters. Startups and investors are turning to micromobility subscriptions.
“Enabling freemium, especially for established products, can bring organizational and operational challenges even if it adds value to the business,” writes Konstantin Valiotti, product director of growth at PandaDoc. We’ve got your ticket to ride an e-scooter : Lyft wants to reshape shared micromobility with dockable e-scooter.
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. But it’s also an encouraging finding! See ya next week! Rebecca Bellan. Deal of the week.
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.
We organize all of the trending information in your field so you don't have to. Join 24,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content