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Singapore-based micromobility startup Beam secures $93M Series B, enters new markets

TechCrunch

Beam , a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. Advanced rider assistance systems: Tech spawned by the politics of micromobility. Singapore’s micromobility startup Beam raises $26 million.

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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

Early-stage startups tend to claim that their go-to-market strategy is fully operational. Finding GTM fit is a milestone for any startup that includes everything from expanding the engineering team to launching your first media buy. These simple metrics will tell you if your startup is ready to scale. Senior Editor, TechCrunch.

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Uber spins out delivery robot startup as Serve Robotics

TechCrunch

Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 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.

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

TechCrunch

Aurora Innovation, the autonomous vehicle startup that acquired Uber’s self-driving unit in December, is going public via a merger with special purpose acquisition company Reinvent Technology Partners Y. Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC. Venture capital at scale.

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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

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.

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

TechCrunch

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.