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
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.
Micromobility startup Voi has raised $45 million, funds it says will be used to research and develop technology that will improve safety, keep users from riding on sidewalks and ensure scooters are properly parked. Voi says having physical racks will help “create a sustainable service for cities and the people living in them.”
Dott is a micromobility startup that is better known for its colorful electric scooters that you can find across several European cities. During its early days, Dott positioned itself as a capital-efficient, sustainable e-scooter company. Belgium-based investment company Sofina is leading the investment.
Understanding the key developments that helped advance micromobility over the past several years can give us valuable insights not only into where the industry is headed, but about how we can successfully shape it to meet the needs of hundreds of millions of current and future riders around the world. 1: Shared scooters launched (fall 2017).
Swobbee, a Berlin-based startup that’s working on commercializing battery swapping for micromobility vehicles, has raised a $6.5 million Series A led by new strategic investor EIT InnoEnergy, a major accelerator of sustainable energies in Europe that’s supported by the European Union.
It’s a tall order, and Zoomo’s strategy could be leading a new trend in micromobility of being a one-stop shop that promises quick scalability. It also launched a new subsidiary to finance the vehicles, along with its software, to shared micromobility providers.
Shared micromobility companies have been adopting startlingly advanced new tech to correct for the thing that cities hate most — sidewalk riding. Nesic said Drover also intends to hire a software engineer to help build out the data dashboards the company offers to micromobility partners. Image Credits: Drover AI.
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.
The First Profitable Micromobility Company Was Veo, Not Lime,” you fired some shots at Lime and the tech bro-ey micromobility industry at large. The following interview, part of an ongoing series with founders who are building transportation companies, has been edited for length and clarity. . In your Medium post titled “Sorry, Boys.
Helbiz started out as a shared micromobility company but has since expanded to include ghost kitchens, media streaming and, most recently, a taxi service. In late June, Helbiz signed a letter of intent to buy Wheels, another shared micromobility operator, by the end of the year. million in cash to fund its micromobility operations.
Notable alumni include micromobility unicorn, Lime, and delivery robotics firm, Kiwi. This results in operational cost reduction by eliminating the need to replace their existing fleet and yields a safer, more efficient and sustainable transportation system,” CEO Raghavender Sahdev tells TechCrunch. The Hurd Co. The Hurd Co.’s
Several micromobility companies once operated in my city, but consolidation has reduced that to a small handful. This in-depth industry analysis shows how increased regulation on the local level and changing consumer habits are pushing micromobility providers to adapt and innovate. Image Credits: TechCrunch/Bryce Durbin.
shared her advice for entrepreneurs who are focused on climate and sustainability: “If your business activities have produced desired results and repeatable cycles — like developing a new product and distributing it through local markets — then you are ready to multiply.”
It is another milestone in our journey to make mobility safe, affordable, accessible, and sustainable by deploying high-performance technologies and operators. As part of its catalogue of services, MAX plans to build electric vehicle infrastructure in its new markets, with the intention of introducing EVs to its emerging clientele. “It
Shared micromobility operator Veo has raised $16 million in new funding as the company ramps up its expansion plans in the United States. Veo, which was founded in 2017, has sought venture funding a bit later in the game than other micromobility companies.
Veo CEO Candice Xie has a plan for building a sustainable scooter company, and it’s working. Rebecca Bellan interviewed Veo CEO Candice Xie about the micromobility startup’s “old-fashioned way” of doing business. “I Veo CEO Candice Xie has a plan for building a sustainable scooter company, and it’s working.
Gogoro was created to introduce a mass market shift to sustainable energy in densely populated cities by establishing an intelligent urban ecosystem that introduces a new refueling system for electric two-wheel vehicles.”
When you think about shared micromobility, Veo isn’t exactly the first company that comes to mind. Veo, which is perhaps most noted for its comfortable sit-down scooters and its continued presence in New York City’s e-scooter pilot , has stuck by a business model that looks at micromobility more as a utility and less as a startup.
Shared micromobility, in particular, offers an opportunity for more equitable and accessible mobility within cities, but only if done intentionally. What micromobility is missing. Micromobility’s potential to alleviate transit deserts. Mobility should be a right, but too often it’s a privilege. Timestamp: 19:10).
As shared e-scooter companies have infiltrated cities and e-bike sales have soared, micromobility has been offered up as a panacea to save us all from the ill humors and packed streets caused by gas-guzzling cars. Nimbus closed a $4.7
We realized it was incredibly difficult to maintain this sustainability ethos,” Baker said. . Corporate sustainability initiatives may open doors for carbon offset startups. “We live this problem ourselves. But something is better than nothing, and offsets do help necessary projects get funding.
Superpedestrian is on a mission to make micromobility better in cities across the UK and around the world. The post [Superpedestrian in Auto Futures] Working with communities for safer, more sustainable travel — Superpedestrian @ MOVE 2022 appeared first on OurCrowd Blog. Read more here. Read more here.
” Via has also been able to show investors that it’s got a sustainable business. Via is currently working with AV companies Motional and May Mobility to deploy autonomous ridesharing shuttles in Las Vegas, Nevada and Grand Rapids, Minnesota, respectively. “Potentially we’d be interested in control access, also. .
Micromobility manufacturer LINK has received approval from the Department for Transport for its e-scooter technology, and plans an immediate expansion to the UK after successful launches in several US cities.
Investors Clara Brenner, Quin Garcia and Rachel Holt on SPACs, micromobility and how COVID-19 shaped VC. They’re paying close attention to what startups and tech companies are doing to develop and commercialize autonomous vehicle technology, electrification, micromobility, robotics and so much more. Image Credits: TechCrunch.
The shared micromobility company with a presence in Australia, New Zealand, South Korea, the U.K. “That’s the only way to run both a sustainable business as well as a responsible service in a city in the long run.” The shared micromobility company with a presence in Australia, New Zealand, South Korea, the U.K.
“While self-driving cars remove the driver, robotic delivery eliminates the car itself and makes deliveries sustainable and accessible to all,” said Kashani, co-founder and CEO of Serve Robotics. The company is launching with 60 employees with headquarters in San Francisco and offices in Los Angeles and Vancouver, Canada.
billion valuation, reflecting its sustained growth. MasterClass , the platform that sells subscriptions to celebrity-led classes, cut 20% of its team — roughly 120 people — to “get to self-sustainability faster.” Micromobility ain’t looking so hot these days, either, unfortunately.
Success breeds IPO : Shared vehicle company Lime reported its first profitable year, with Rebecca writing that “Lime has figured out how to make shared micromobility a sustainable business.” Aria has more. So what happens when you are good at what you do? The company is now eyeing an initial public offering.
We were just trying to make the world a more efficient, enjoyable and sustainable place, but looking back it was a huge blessing. Docked charging stations have helped the company almost eliminate the costs that have stunted profitability for dockless micromobility companies, like charging vehicles and maintenance, Cohen of London said.
Increasingly, cities are choosing to limit the number of micromobility operators by awarding long-term contracts to the best operators which prioritize managing e-scooters and e-bikes in a sustainable and responsible way. The company also increased its global footprint with city launches in the United Kingdom and South Korea.
The first wave of electric micromobility was shepherded by the ( still largely unprofitable , bless them) shared micromobility companies — the Limes and Birds of the world that popularized electric scooters. Startups and investors are turning to micromobility subscriptions.
It’s the shared micromobility operator that has gained a rep for growing at a steady, sustainable pace, rather than moving fast and breaking things? NABSA ’s fourth annual state of shared micromobility report shows that ridership in North America has returned to pre-pandemic levels. Micromobbin’ You remember Veo , right?
In Norway, sustainability-focused companies. Both micromobility and telemedicine seem very crowded at this point, and we believe the current market leaders in these sectors will become the winners. Its attractiveness was obviously declining pre-COVID as well, but the crisis has only made the sustainable shift stronger.
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