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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.
Google Apps enabled e-mail on demand without a server, Uber enablestransportation on demand, and WeWork offers space on demand. It was about support--how could they make your work life easier? The reason why WeWork became so successful was because they realized that space wasn't just about space.
Latest funding supports next phase of flight-redefining growth Possibly we are in an era of grand visions, not just big dreams. The convergence of technology, talent and funding now makes the vision of one-hour hypersonic global transport within reach—so say the co-founders of Venus Aerospace and its most recent funder Airbus Ventures.
Paccurate’s platform helps shippers identify their ideal carton suite and enables them to pack orders efficiently. Brands and 3PLs are saving up to 15% on transportation costs and reducing their carbon footprints. We are excited to support the company’s continued growth. ” said Scott Simanek, HPA Deal Lead.
If your US-based business is adversely affected by Covid-19 such that you would need to lay off employees imminently and having access to capital would enable you to keep more employees on the payroll then you might be eligible. Am I eligible for the PPP Loan? this is precisely the policy goal of the US Government. shouldn’t I? It depends.
.” — Kristin “I look for tech opportunities that enable sustainable B2B change versus small lifestyle changes. Industries like construction, commercial real estate, and transportation and logistics are looking into sustainable practices as regulatory pressures become more active over the next 5–10 years, requiring compliance.
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.”
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.”
More often than not, SMEs face difficulties obtaining the necessary financing support due to prolonged waiting time or a lack of collateral. It assesses potential credit risks more accurately, enabling the bank to make more informed credit decisions when farmers apply for collateral-free loans. According to Hao Jiang, 1.5
Flip, which intends to be the most customer-centric financial technology company in the world, enables users to do fair financial transactions from anywhere to anyone. Flip hopes to change that by helping individuals and businesses to eliminate complexity and execute their money transfer at a low cost.
The company’s investment in expanding EV charging availability has the potential to accelerate the decarbonisation of Vietnam’s transportation sector, which accounts for at least 25% of the country’s CO2 emissions. “We This could in turn support further the deployment of EV charging infrastructure.
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.
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 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.
Entrepreneurs’ Organization (EO) ‘s Global Student Entrepreneur Awards (EO GSEA) encourage “studentpreneurs” to grow their businesses with support from mentors and fellow entrepreneurs. CloudCuddle designs and produces transportable bed tents to enable families with handicapped children to sleep away from home.
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. .
The capital we have raised will help us to quickly scale into new markets beginning with Ghana, where we will launch in December,” Leta founder and CEO, Nick Joshi told TechCrunch, adding that its working on a transport marketplace, and fintech products too. A SaaS provider for businesses, logistics providers and marketplaces.
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.” . million Series A in February 2021. . and Southeast Asia.
Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 The company uses asset finance, technology and a customer support model to help micro, small and medium-sized enterprises own income-generating assets. African countries need ‘startup acts’ more than ever to support innovation.
Working family caregivers spend an average of 25 hours a week caring for their loved ones on top of their full-time jobs, and ultimately, the current lack of support and resources drives 32% of them to leave their job to care full time. . Today, caregiver support is the most overlooked gap in healthcare and employee benefits.
This initiative is part of the ‘2023 Drone Demonstration City Project’ run by the Ministry of Land, Infrastructure and Transport, selected by Seongnam City. Regulations were relaxed, and test sites were created, enabling industrial companies to conduct test flights.
This means supporting our entertainment and cultural scenes—making local performance space less expensive and making public spaces easier to access. A huge threat to NYC is not that there won’t be any wealthy people left to support the arts—but that the artists can’t afford to be here.
Topics range from accessible product design and fighting algorithmic bias to the justice system, workplace organizing and support for underrepresented founders — and that’s just for starters. Tune in to presentations, panel discussions, breakout sessions and interactive Q&As with key tech leaders. Founded by Denise Umubyeyi.
SDR ground station technology improves downlink communications, provides significant cost savings and is far more dynamic, acting as an enabler for the exponentially growing Satcoms market.” Description: “Helix Technologies – enables precision GPS antennas, providing 10cm level accuracy. Helix Technologies.
And this time, they have an even bigger arsenal of capital to support their efforts. Grayson, Holt and their team invest in companies operating in and around the manufacturing, transportation and logistics sectors, which, they say “represent over half our country’s GDP and have not been tech-enabled.”.
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. He also credits his late father, who was his confidant and supporter. WIDEN YOUR KNOWLEDGE.
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.
Blue Cross Blue Shield of Alabama is dedicated to partnering with healthcare providers to enhance healthcare across our state by supporting collaborative solutions like Watershed Health,” said Stacey Walters, Vice President Quality and Value Based Care at Blue Cross Blue Shield of Alabama. “As
Drivers can reduce parking time and fuel consumption and enjoy uninterrupted movement experiences even after entering underground parking lots, thereby enjoying a comfortable smart city environment that enables them to reach their final parking destination seamlessly.
million per dose , and many involve very intensive clinical regimens that require everything from travel to specialized centers, to multi-week hospital stays, to heavy clinical and caregiver support. Patients and their caregivers will also require specialized financial, operational, and reporting support.
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.
“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.”
The Bridge2 program is an 8-week pre-accelerator designed to prepare scalable, tech-enabled startup companies for Oklahoma-based accelerator programs and to pursue funding from private and public investment sources. Together, we’re shaping a brighter future and making a significant impact in Oklahoma,” Wilborn said.
The test is taking place under a sandbox program announced back in May 2019 — directing government funding and regulatory support to R&D in the drone space — initially through virtual testing, such as of avoid and detect systems. company, the regulator said today. So while (another) U.K. The CAA authorization for the sees.ai
Wellthy is a startup aimed at helping caregivers be more equipped to deal with all aspects of their various responsibilities by serving as a self-described “tech-enabled care concierge.” To support its continued growth, Wellthy just raised $25.5 Wellthy is the market leader in solving that and it’s a privilege to support their mission.”
“We’ve built a platform that enables hyperlocal measurement. With this coalition of investors, we’re expanding our capacity to support new and existing customers and partners taking bold climate action.”. Together, we can accelerate Aclima’s ability to support customers in taking decisive and data-driven climate action.”.
There are often cases where Tokio Marine sees very promising companies or product ideas that are too early to support Tokio Marine as a customer,” Yoshi Yoshida, who leads the CVC fund at Tokio Marine, told TechCrunch. “We Tokio Maine, the sole limited partner of the CVC fund, is allocating $42 million to the initial fund now.
Content providers and distribution channels want data that unlocks the embedded value in sports and enables fans to connect with their favorite players and teams in a more multi-dimensional way. Digital natives want player-centric content The pool of a team’s collective supporters used to be mostly fans of that team.
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.
The tech-enabled startup, launched by Fadl Al Tarzi in 2019, is filling affordability and relevance gaps in education. based edtech has partnered with local organizations to offer learning community spaces that help learners circumvent infrastructural problems like internet and transportation. CEO Fadl Al Tarzi. is about $36,000. .
TPK will also bring the company significant supply chain support as well as scaling and manufacturing capabilities in the near future. Having TPK’s support on the supply side will ultimately help reduce costs of production, says Sandford. ” .” ”
By analyzing patient speech patterns, the platform enables early intervention and improved patient outcomes in the fight against dementia. By maximizing efficiency and minimizing costs, the platform enables healthcare providers to focus on delivering quality care while maximizing revenue opportunities.
This financial boost will enable Maka Motors to innovate further and refine its in-house development of EVs commenced in the previous year. As of April 2023, the country had more than 40,000 electric motorcycles traversing its roads, indicating a growing interest in eco-friendly transportation options.
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