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How to Objectively Measure the "Fundability" of Your Startup

This is going to be BIG.

Founders need to shift their thinking to an assumption of understanding—that investors who see thousands of pitches per year probably do understand what a founder is doing the vast majority of the time, and have simply decided that the risk/reward for investing in their company simply isn’t as good of a deal as others they’re currently looking at.

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Magna enters the micromobility and battery swapping market

TechCrunch

Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. Magna’s investment is part of Yulu’s $83 million Series B, in which Bajaj Auto also participated.

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Bolt raises $182M to expand its on-demand transportation network in Europe and Africa

TechCrunch

In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and ( most recently ) on bikes across developed and emerging markets in EMEA is announcing a major round of funding. France, South Africa and Nigeria.

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Extra Crunch roundup: finding GTM, China’s edtech clampdown and how to define growth

TechCrunch

For perspective, they analyzed data from Dealroom and spoke to four VCs about the continent’s investment climate: Diana Koziarska, SMOK Ventures. Startups and investors are turning to micromobility subscriptions. ” Startups and investors are turning to micromobility subscriptions. . Vinoth Jayakumar, Draper Esprit.

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The Station: Uber seals a deal with NYC taxis, Aurora rolls into ride-hailing and LG Energy invests in North America

TechCrunch

Finally, i f you, like me, are curious about how micromobility platforms are unlocking profits, and what tech is enabling this, you’re going to want to pay attention to this one. Voi says it has just reached 100 million micromobility rides across 80 cities in less than four years. . This week, the company said it was investing $1.4

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Tier Mobility acquires Spin from Ford, marking entry into North America

TechCrunch

Tier Mobility, the Berlin-based micromobility operator that has been steadily taking over Europe, is making a sweeping entry into North America by acquiring Spin from automaker Ford. Ford, which purchased Spin for $100 million back in 2018 , will maintain a strategic investment in Spin, according to Spin CEO Ben Bear. ” .

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Electric utility bike company Ubco scores $10M strategic investment with TPK

TechCrunch

As part of the agreement, TPK will be leading Ubco’s Series B with a $10 million investment, bringing the company’s total funding to $23 million. TPK also invested in Ubco’s $10 million convertible note round in June , alongside a range of U.S. Ubco 2X2 Adventure Bike review: Utility that shreds. ”