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Startups and investors are turning to micromobility subscriptions

TechCrunch

Amid the chaos of the COVID-19 pandemic and the murky path to profitability for shared electric micromobility, an increasing number of companies have turned to subscriptions. But will this new playbook push the unit economics of micromobility in a positive direction? And what will determine which companies win at the subscription game?

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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. Javier Santiso, Mundi Ventures. Startups and investors are turning to micromobility subscriptions. Canada’s startup market booms alongside hot global VC investment.

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Zoomo raises $12 million to expand e-bike subscription offerings

TechCrunch

Zoomo also wants to build up its consumer model, which mainly serves couriers but is extending to commuters, and will invest in the development of its next generation of vehicle offerings. “We It also launched a new subsidiary to finance the vehicles, along with its software, to shared micromobility providers.

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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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Uber spins out delivery robot startup as Serve Robotics

TechCrunch

Serve Robotics, a name taken from the autonomous sidewalk delivery bot that was developed and piloted by Postmates X, has raised seed funding in a round led by venture capital firm Neo. Instead, Uber handed over its equity in ATG and invested $400 million into Aurora, which gave it a 26% stake in the combined company.

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Announcing the agenda for TechCrunch Sessions: Mobility 2022

TechCrunch

Other topics on our list for this year include exploring the opportunities and challenges for urban air companies and cities, the dual paths companies are taking to commercialize autonomous vehicle technology, cybersecurity, micromobility, self-driving trucks and autonomous delivery. How to Unlock Profits in Micromobility.

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SPACs keep rolling as autonomous vehicle startup Aurora targets blank-check debut with $13B valuation

TechCrunch

PRIMECAP Management Company, Reinvent Capital, XN, Fidelity Management and Research LLC, Canada Pension Plan Investment Board, Index Ventures and Sequoia Capital, as well as strategic investments from Uber, PACCAR and Volvo Group. Instead, Uber handed over its equity in ATG and invested $400 million into Aurora.