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
Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. Dott is a micromobilitystartup that is better known for its colorful electric scooters that you can find across several European cities. The startup doesn’t work with third-party logistics providers.
The $75 million investment comes in addition to a previously undisclosed $50 million investment made as part of Joby’s Series C financing round in January 2020 , Uber said. Uber has invested a total of $125 million into the startup. In the spring, Uber led a $170 million funding round in micromobilitystartup Lime.
Zoomo, the Australian startup with a mission to electrify delivery fleets through e-bike subscriptions, announced a $12 million interim capital raise on Monday. Now, the startup hopes to expand its service outward toward continental Europe and other states across the U.S.
Nigerian mobility tech startup Metro Africa Xpress Inc. ( The startup told TechCrunch that it will use the funding to enter Ghana and Egypt by the end of the first quarter of 2022, and other additional markets in Francophone, East and Southern Africa by the close of the same year. Chinedu Azodoh is the startup’s other co-founder.
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. Self-driving car startup Optimus Ride will deploy self-driving vehicles in the enclosed campus of the Brooklyn Navy Yard. On Construction Technology Over 1.5 seed round.
One bright light amidst the gloom: Startups that generate enough revenue to drive steady growth will find many investors willing to take their calls. One bright light amidst the gloom: Startups that generate enough revenue to drive steady growth will find many investors willing to take their calls. That’s real money.
Exhibiting your early-stage startup at TC Sessions: Mobility 2022 in San Mateo, California on May 18-20 is one of the fastest ways to discover new opportunities and accelerate your growth potential. Along with demo space, a $725 Early-Stage Startup Demo Package includes: Four event passes to help your team maximize time and opportunities.
Israel’s startup ecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Subscribe to access all of our investor surveys, company profiles and other inside tech coverage for startups everywhere. Are there startups that you wish you would see in the industry but don’t? More than 50%?
Shared electric micromobility giant Lime has closed a $523 million raise in convertible debt and term loan financing, money that Lime CEO Wayne Ting says is the next step on the company’s path to going public next year. When I look towards 2022, we have an opportunity to deepen that relationship with riders.”
Bird, the shared electric scooter startup that operates in more than 200 cities across three continents, said Wednesday it is going public by merging with special purpose acquisition company Switchback II with an implied valuation of $2.3 and MidCap Financial Trust provided an additional $40 million asset financing.
Zoomo, the Australian startup that builds e-bikes and offers micromobility subscriptions to gig workers and couriers, wants to be the next disruptive electric vehicle company. The startup has just announced a $60 million Series B fundraise, money it aims to use to transform the way companies look at last-mile delivery.
The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire of populations to move to more sustainable transportation. In 2021, players like Tier, Voi and Dott continued to raise VC backing. and Europe.
TC Sessions: Mobility will feature speakers on the main stage, a bevy of startup exhibits, demos, networking and a live pitch-off with a pretty sweet prize. Buy your general admission or early-stage startup demo package today before prices increase. How to Unlock Profits in Micromobility. How to Land Early-Stage Funding.
TC Sessions: Mobility will feature speakers on the main stage, a bevy of startup exhibits, demos, networking and a live pitch-off with a pretty sweet prize. Buy your general admission or early-stage startup demo package today before prices increase. How to Unlock Profits in Micromobility. How to Land Early-Stage Funding.
TC Sessions: Mobility will feature speakers on the main stage, a bevy of startup exhibits, demos, networking and a live pitch-off with a pretty sweet prize. Buy your general admission or early-stage startup demo package today before prices increase. How to Unlock Profits in Micromobility. How to Land Early-Stage Funding.
In this instance, African web3 startup Nestcoin said it had to lay off employees as a result of not having that access. Oops : Bird, a micromobility company, told the Securities and Exchange Commission that it had included unpaid customer rides in its revenue, thus having overstated that particular number for two years. Big Tech Inc.
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. .
This week, we published a four-part series about how Klaviyo co-founders Andrew Bialecki and Ed Hallen bootstrapped their startup into an e-commerce marketing automation platform now valued at $4.15 Part 4: Drama and quirk aren’t necessary for startup success. Micromobility’s next big business is software, not vehicles.
This two-day deep dive — dedicated to mobility tech, early-stage startups and the investors who fund them — is a prime networking opportunity you don’t want to miss. Looking for a co-founder to help you build your mobility-centric startup? TC Sessions: Mobility 2022 goes big, live and in-person on May 18-19 in San Mateo, California.
The new round boosts the one-year-old startup’s total financing to $12 million. The startup, which makes premium electric bicycles for commutes and off-road adventures for less than $2,000, didn’t come from nowhere. Zhang’s co-founders at Lime are also vouching for the young startup.
This two-day deep dive — dedicated to mobility tech, early-stage startups and the investors who fund them — is a prime networking opportunity you don’t want to miss. Looking for a co-founder to help you build your mobility-centric startup? TC Sessions: Mobility 2022 goes big, live and in-person on May 18-19 in San Mateo, California.
Startups and VC In a major blow to shared micromobility companies, Paris has voted to ban rental e-scooters from its streets, Rebecca reports. Money flowing to LatAm : Kaszek earmarks nearly $1 billion in new funds for Latin American startups , reports Mary Ann. Alex writes this icon is sending dogecoin to the moon. Lesson one?
This two-day deep dive — dedicated to mobility tech, early-stage startups and the investors who fund them — is a prime networking opportunity you don’t want to miss. Looking for a co-founder to help you build your mobility-centric startup? TC Sessions: Mobility 2022 goes big, live and in-person on May 18-19 in San Mateo, California.
This annual flagship event, in which hundreds of founders have pitched their startups on our stage, is back in person. Startup Battlefield 200 applications are closing soon. Apply today to join Startup Battlefield 200 for the chance to exhibit your startup for free at TechCrunch Disrupt this October and win the $100K equity-free prize.
Changing your meeting culture is difficult, but given that 26% of workers plan to look for a new job when the pandemic ends, startups need to do all they can to retain talent. Reform your startup’s meeting culture. Inside GM’s startup incubator strategy. Inside GM’s startup incubator strategy. Walter Thompson.
Urban mobility startup Dott has raised an extension to its Series B round. Originally announced in the Spring of 2021, the company raised an $85 million Series B round — it was a mix of equity and asset-backed debt financing. Dott is a European micromobilitystartup that is better known for its scooter-sharing service.
When shared micromobility companies expand, they often just offer different vehicles. All we needed to do was finance some e-bikes, and then you have another line of business. We are focused on building out these business lines and our moped business as well and very much looking forward to what is to come.
Japanese shared micromobilitystartup Luup has raised $30 million (4.5 billion yen) in a Series D financing round, which consists of 3.8 Luup has now amassed a total of $68 million in equity, debt, and asset financing to date, at what sources said valued the firm at over $100 million.
and MidCap Financial Trust provided an additional $40 million in asset financing. Fidelity Management & Research Company will lead the deal’s $106 million in private investment in public equity, or PIPE. Apollo Investment Corp. Disclosure: Apollo is buying TechCrunch’s parent company.).
You’ll find dozens of exciting new early-stage mobility startups in the expo area. In the meantime, we can share that Cruise’s Oliver Cameron and Motional’s Laura Major will join us to talk about what it takes to move AV tech from the lab to the roadway. Spoiler alert: It ain’t easy.
Shared micromobility company Luup has raised $8 million (1 billion yen) in debt and asset financing to meet the growing demands of Japan’s micromobility market, which according to a recent report , is projected to reach $11.6 Securing those spaces represents a unique kind of land grab for micromobility companies in Japan.
Your all-access pass includes panel discussions, 1:1 interviews, breakout sessions and networking, plus access to our indoor AND outdoor expo area — where you’ll find dozens of innovative early-stage startups demoing their latest and greatest. More on that in a moment. You’ll also have access to our day of virtual content on May 20.
Your all-access pass includes panel discussions, 1:1 interviews, breakout sessions and networking, plus access to our indoor AND outdoor expo area — where you’ll find dozens of innovative early-stage startups demoing their latest and greatest. More on that in a moment. You’ll also have access to our day of online content on May 20.
Indian crypto regulation : Under its G20 presidency, India has said it will look to prioritize the development of a framework for the global regulation of unbacked crypto assets, stablecoins and decentralized finance, writes Manish. Startups and VC. Recall this : Catherine writes that Recall.ai You can sign up here.
Kyte, the startup that delivers rental cars to customers’ doors , has raised $200 million in asset-backed credit financing from Goldman Sachs and Ares Global Management, money the company will use to pay for new vehicles that will fuel its expansion. Kyte, which is currently in 13 U.S.
has raised $3 million in financing from Base10 Partners. The San Francisco-based startup uses services like ClimeCo and BlueSource to source and aggregate offset projects that companies can finance. Corporate sustainability initiatives may open doors for carbon offset startups. “We live this problem ourselves.
billion at the same price per share as the company’s previous financing in November of 2021. As new mobility segments continue to emerge, threatening to cramp already congested streets and decimate already tight budgets, Ramot thinks the startup can do more. The fresh capital pushes Via’s valuation up to $3.5
Leoparda Electric, a São Paolo–based startup, wants to be the Gogoro of Latin America. While Leoparda’s core business is battery swapping, the startup aims to do something similar by putting together a subscription package that includes an electric motorcycle or seated scooter, unlimited battery swaps, maintenance and insurance.
Micromobbin’ A range of 15-minute grocery delivery companies are cropping up around the world, and they’re fueled by gig workers on micromobility vehicles. In some less bleak news, Spin did some research on mode-shifts and found about 25% of trips on the company’s micromobility vehicles replaced private or rideshare car trips.
You’ll find tons of prime networking opportunities everywhere, and especially in the huge indoor expo area where dozens of early-stage startups showcase and demo their products and tech. Get your ride on in the outdoor playground — test drive the latest in scooters, e-bikes and autonomous vehicle technology.
Startups and VC Greycroft, the self-styled “seed-to-growth” venture capital firm, today announced the closing of over $1 billion in capital commitments across new funds, Kyle reports. Luup has now amassed a total of $68 million in equity, debt and asset financing to date, at what sources said valued the firm at more than $100 million.
You’ll find tons of prime networking opportunities everywhere, and especially in the huge indoor expo area where dozens of early-stage startups showcase and demo their products and tech. Get your ride on in the outdoor playground — test drive the latest in scooters, e-bikes and autonomous vehicle technology.
Micromobbin’ Before we dive in, I just wanted to spotlight a piece from TechCruncher Annie Saunders on why micromobility might only ever just be a fun way to get around , rather than something that can truly augment public transit. RoadBotics , a road infrastructure images analysis startup, was acquired by Michelin.
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.
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