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IFC backs Bolt with $24M to expand its transportation network in emerging markets

TechCrunch

Bolt , an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. billion, based on a 1.5x multiple on GMV of €3.5

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How To Unleash Sustainable Innovation That Matters

Entrepreneurs' Organization

As President and co-owner of the 102-year-old Lamey Wellehan shoe stores, Jim Wellehan used sustainability to foster innovation and remain relevant in the face of fierce competition. If you are simultaneously interested and confused by sustainability, you are not alone. His first microloan was the $27 he had in his wallet.

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Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service

TechCrunch

As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. Thanks to this financing, we will continue to fast-track our innovation, with zero layoffs.”.

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

Roads, bridges, and transport will make or break a city’s ability to grow its startup ecosystem and talent pool. To make it easier to toggle between the three, there needs to be significant policy, financing, and physical transformation. Infrastructure touches everything.

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Nigerian mobility-tech startup MAX bags $31 million in Series B round, set to expand across Africa, build EV infrastructure

TechCrunch

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. The funds will also be used to extend vehicle financing credit to over 100,000 drivers in the next two years.

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Moove raises $105M to scale its vehicle financing product across Asia, Europe and MENA

TechCrunch

Moove , an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $105 million in new Series A2 financing. Africa is home to more than a billion people, where a majority have limited or no access to vehicle financing. that same year.

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Urban mobility startup WeMo raises $15m from AppWorks to boost SE Asia expansion

AsiaTechDaily

With this round of financing, WeMo plans to expand its service to Southeast Asia, with an emphasis on Indonesia and Thailand. The company anticipates accelerated growth over the next few years, building off increasing demand for shared transportation, electrification, fleet management, and resumption of normal economic activity.