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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.
“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.
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.
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.
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.
MAX started out in 2015 as a delivery startup using motorcycles to fulfil customer orders before venturing into ride-hailing, and later into vehicle subscription and financing services – solutions it came up with based on the data from its first services.
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.
I’m interested in hearing what investors from Intel Capital , GM Ventures and Snow Bull Capital have to say about the industry and what strategic mobility investors are looking for in a startup. 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. .
Nova itself is a counterpoint to profit-focused corporate venture capital outfits, and is instead focusing on abilities to collaborate with the LG conglomerate across the board, in a few key verticals: the metaverse, connected healthcare, smart homes, electric vehicles (EV) and the wonderfully fuzzily named tech for good. CurieAi, Inc.
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.
million in Series B funding, co-anchored by global venture firms GSR Ventures and Square Peg. 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 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.
In late November, OurCrowd, Israel’s most active venture capital fund, became the first to open up offices in the UAE for direct investment in Emirati companies,” Thomas Grove notes in the Wall Street Journal , reporting on the Israeli Prime Minister Naftali Bennett’s historic visit to Abu Dhabi this week. Invest Now.
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.
The round included Cathexis Ventures, Wavemaker Partners, Taurus Ventures, Capital X and Sketchnote Partners. 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. million in seed funding.
The startup’s potential has caught the eye of more than General Catalyst, a well-known venture capital firm. The startup’s round also included funds from a host of smaller firms and angels, including Canary Ventures, Adapt Ventures and Picus Capital, among others.
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.
Sure, the venture-backed startup behind the queer app gave it a new lick of paint last week, but in refocusing on “friends and community,” some users fear that Lex will also scrub away its beloved raunchy essence. 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. million in a seed funding round co-led by Powerhouse Ventures and VoLo Earth Ventures.
The Nordic countries make up just 4% of Europe’s total population, but they account for a significant amount of venture capital investment. Espen Malmo , founding partner, Skyfall Ventures. Magne Uppman , managing partner, SNÖ Ventures. Espen Malmo, founding partner, Skyfall Ventures.
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