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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.
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. Both are very important and necessary to achieve one-hour global travel.
Sure, I'm an investor, too, but I started Brooklyn Bridge Ventures , the firm I invest out of. Google Apps enabled e-mail on demand without a server, Uber enablestransportation on demand, and WeWork offers space on demand. I'm a founder. It was about support--how could they make your work life easier?
Are you trying to figure out how to build a place that creates venture backed IPOs or are you trying to build something where technical people can feel like they’re in a 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.
VCs are looking for a grand slam,” according to Steve Barsh, Managing Partner at Dreamit Ventures. Founders should be able to discuss future milestones that they will hit to enable them to raise intermediate rounds of capital before exiting and ensure investors they can de-risk their startups along the way to achieving their grand vision.
It plans to use the fresh capital to scale its fast charge-capable anode technologies that might enable the next generation of batteries for electric vehicles. Alongside lead investor Lotte Chemical and investment company KTB Network, General Motors’ corporate venture capital arm, GM Ventures, signed on as a strategic investor.
NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception.
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.
Austin’s venture capital scene has been hot for years now, but a pair of local investment firms just closed on new funds aimed at injecting more capital into startups in Austin and elsewhere. It was a great place to live and work, and I believed that over time, it would be a growing venture opportunity.”.
Series A Round , which was led by High Alpha, and includes co-investors Grand Ventures, Springtime Ventures, Las Olas Venture Capital, Tech Square Ventures, and Royal Street Ventures. Paccurate’s platform helps shippers identify their ideal carton suite and enables them to pack orders efficiently.
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.
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.
Merritt Hummer is a partner at Bain Capital Ventures, where she invests in the fintech, e-commerce and proptech sectors. As a venture capital investor in B2B e-commerce companies, I’m carefully watching the industry and have seen several forward-thinking business models emerge for B2B marketplaces. Merritt Hummer. Contributor.
The round was led by Forge Ventures , and also saw participation from DS/X Ventures, Sketchnote Partners, Prasetia Ventures, and other notable regional and global angel investors. in Forge Ventures-led pre-Seed funding first appeared on AsiaTechDaily - Asia's Leading Tech and Startup Media Platform. in pre-seed funding.
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. The NVCA (National Venture Capital Association) Guidelines are below. Am I eligible for the PPP Loan?
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. What does investing in our planet mean to you as a venture capitalist vs. as a consumer?
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.”
Israeli startup Tactile Mobility uses existing vehicle sensor data to enable cars to “feel” the road in a way that generates insights about both the vehicle and the road via its cloud platform. Those maps can then be sold to OEMs, transport authorities, municipalities, insurance companies, tire companies, Tier 1s and others. .
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. TransTRACK is a technology enabler startup that focuses on digitizing fleet operations.
Welcoming Place Exchange to the Revolution Ventures Portfolio Today, Revolution Ventures is thrilled to announce an investment in Place Exchange , the leading platform for programmatic out-of-home (OOH) advertising. Prior to that, he was President and COO of MediaMath, a leading programmatic ad-tech platform.
million pre-Series A round to expand its tech-enabled logistics solution across the Francophone region. The round was co-led by pan-African venture capital firm 4DX Ventures and regional telecom operator Orange. Today the company is announcing that it has raised a $4.5 Merchants can also schedule deliveries on the platform.
Lee Partners (THL), with participation from Qualcomm Ventures, Volvo Group Venture Capital AB and Zebra Technologies, as well as existing investors Hyde Park Angels , August Capital, CEAS Investments, Hyde Park Venture Partners and Bain Capital Ventures, bringing total capital raised to over $200 million.
Register Transport Capital , a globally-recognised investment management and advisory firm focused on the maritime and aviation industries, has launched its new venture capital arm named TC Ventures. Headquartered in Singapore, Transport Capital’s core expertise is in Real Assets and Private Capital Markets.
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.
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.
million funding round led by an investment from First Trust Capital Partners with participation from FCA Venture Partners, Create Health Ventures, Impact Engine, 450 Ventures, LDH Ventures II/Launchpad Digital Health, MassMutual Ventures, Capstar Partners and Wanxiang Healthcare Investments.
A step further would be to actually create a platform—a place for apps to not only play more deeply within your product with advanced functionality, but one with a marketplace that enables discovery of third-party tools and services. Transportation scheduling and booking, distribution of presentations, speaker and event ratings, etc.
million in seed funding from Go Ventures, RTP Global, AlphaJWC, Sequoia Capital India’s Surge, FEBE Ventures and Taurus Ventures. Many of them are in retail, food and beverage or labor-heavy service sectors like construction and transportation. The company announced today it has raised $4.8
HPA is excited to announce our investment in Fuel Me ’s $18M Series A Round , which was co-led by Pritzker Group Venture Capital and Tribeca Venture Partners and includes co-investors Bessemer Venture Partners, Interplay Venture Capital, and FJ Labs.
The 4Di Capital, Chandaria Capital, Chui Ventures, PANI, Samurai Incubate, and Verdant Frontiers Fintech participated in the round. The transport marketplace that the company seeks to launch will enable its clients to request additional delivery vehicles, when their fleets are not sufficient.
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.” . and Southeast Asia. Terra Drone’s uncrewed traffic management.
Proving that Central and Eastern Europe remains a powerhouse of hardware engineering matched with software, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has raised a $31 million Series A round led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries Inc.,
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
a startup that enables on-demand repair of electric vehicle charging stations. Will Venture Capital Drive the Future of Mobility? But the auto giant’s push to electrify passenger vehicles is just one of many efforts to be a leader in innovation and the future of transportation.
The investment came from the Bill Gates-backed Breakthrough Energy Ventures and the Ecosystem Integrity Fund , which led the company’s latest round, alongside previous investors Amazon Climate Pledge Fund, Horizons Ventures , Shell Ventures and Summa Equity. million cash infusion. million grant from the U.K.
After selling their hospitality tech startup, Teranga, in 2018, Senegalese brothers Moustapha and Alioune Ndoye ventured into the trucking business as they pondered their next move. Chargel, which came out of stealth last year, matches shippers with transporters, digitizing processes that were previously largely offline.
This collaborative program also includes prominent VC organizations like Kleiner Perkins, Salesforce Ventures and Initialized Capital to develop lasting mentorships with the TC Include founder cohort. We joined forces with Black Female Founders , and they nominated an impressive posse of early-stage startup founders. Go Together, Inc. :
Led by LG Technology Ventures, the venture capital arm of the LG Group, the round also saw participation from Safar Partners, UOB Venture Management, and existing investors Alpha JWC and LDV Partners. LG Technology Ventures was established in 2018 in Silicon Valley and manages over $500 million of fund assets.
As transactions involving consumer data become increasingly digital, the need for secure identity authentication is becoming critically important in industries such as financial services, transportation, retail, and entertainment.
Before this program, I had the desire to pursue venture capital funding but lacked the clarity on what steps to take. The learning sessions were game changers that provided me with all the necessary details on how to approach and attract venture capitalists.
The fresh capital, which brings its total funding raised to $135 million, was led by Affirma Capital, with participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDB Investment (EDBI), AC Ventures, RTP Global and Momentum Venture Capital.
-based online university platform Nexford University has raised $8 million in a Series A round co-led by New Markets Venture Partners and Learn Capital, two prominent edtech venture capital firms in the U.S. The tech-enabled startup, launched by Fadl Al Tarzi in 2019, is filling affordability and relevance gaps in education.
As businesses continue to move their operations online, the demand is strong for cutting-edge enterprise solutions that would enable their different business processes. We are thrilled to pursue this strategic partnership with Converge for the delivery of our leading-edge technology solutions to Filipino enterprises.
Steve Sloane is a partner at Menlo Ventures where he invests in inflection-stage companies. Derek Xiao is an investor at Menlo Ventures focused on soon-to-be breakout companies at the inflection stage. For these industries, digital enablers, rather than disruptors, constitute the next wave of supply chain innovation. and Enable.
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