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The European VC market is so hot it may skip its summer holiday. Alex Wilhelm and Anna Heim continued their exploration of the scorching global VC market, this time taking a look at Europe. ” The European VC market is so hot it may skip its summer holiday. Startups and investors are turning to micromobility subscriptions.
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.
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.
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.
Venturecapital at scale. Hoffman, Pincus and Thompson have promoted a concept that they call “venturecapital at scale.” ” Investors Clara Brenner, Quin Garcia and Rachel Holt on SPACs, micromobility and how COVID-19 shaped VC. The trio have formed three SPACs, or blank-check companies.
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.
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. European VC soars in Q1.
Companies like electric scooter providers Lime and Bird have raised tons of capital to change how the urban population gets around, but that growth has come at the cost of a bottom line still in the red. So it’s striking to see electric scooter company Veo take a different approach to the business. That was pretty bold. . Thank you!
Startups and VC. Today, Haje has been running around at Micromobility America. They insist on using the MMA acronym, so he’s expecting a fist to the face any moment, but so far the only risk of injury has been from neck-breaking micromobility in the form of electric rollerblades. Ivan has more.
It’s hard to pin down where Shein is from,” answered Richard Xu from Grand View Capital, a Chinese venturecapital firm. Image Credits: MaC VentureCapital / Wonderschool. Rebecca Bellan interviewed Veo CEO Candice Xie about the micromobility startup’s “old-fashioned way” of doing business. “I
Same as VC funds are deeply acquainted with Silicon Valley, tech investors cannot ignore this hub of innovation that has produced global market leading companies and serial entrepreneurs. The cliche VC answer: strong team, big market. This is how we have successfully created a strong familial culture at our VC.
Startups and VC. It’s fundraising season for venture funds, apparently! MassMutual Ventures closed a $300 million fund to back Asian and European startups. million Series B round, bringing its total capital investment to $77.7 million, to deepen its micromobility presence in Australia, New Zealand, South Korea, the U.K.
Startups and VC. Another company conjuring up some capital is Magical, which is out to prove that robotic process automation isn’t ready for consolidation , and there are still a few rabbits left to pull out of its hat. Would you like some more? Fighting the “copycat” stigma in SaaS: Three tricks that work.
Oops : Bird, a micromobility company, told the Securities and Exchange Commission that it had included unpaid customer rides in its revenue, thus having overstated that particular number for two years. Startups and VC. If VCs aren’t investing in you, who are they investing in? Jaclyn has more. You can sign up here.
Startups and VC In a major blow to shared micromobility companies, Paris has voted to ban rental e-scooters from its streets, Rebecca reports. There’s been an incident : Western Digital says hackers stole data in a “network security incident” that took place last week. Carly has more.
Startups and VC. Micromobility ain’t looking so hot these days, either, unfortunately. Carv, which came to venturecapital by way of Kickstarter, claims its product can be retrofitted to any boot. SumUp claims that more than 4 million small- and medium-sized businesses are using its platform.
Startups and VC. Rebecca has some ideas about what is in store for the micromobility market in 2023 — after what she said was a “tumultuous” year. Recall this : Catherine writes that Recall.ai Ron took a look at the private equity that dominated the top 10 enterprise M&A deals this year. The deals totaled nearly $154 billion.
Micromobbin’ A range of 15-minute grocery delivery companies are cropping up around the world, and they’re fueled by gig workers on micromobility vehicles. In some less bleak news, Spin did some research on mode-shifts and found about 25% of trips on the company’s micromobility vehicles replaced private or rideshare car trips.
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.
Startups and VC Greycroft, the self-styled “seed-to-growth” venturecapital firm, today announced the closing of over $1 billion in capital commitments across new funds, Kyle reports. But seriously, it is a cute compact hatchback electric vehicle meant to navigate the country’s tight mobility needs. Jagmeet has more.
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.” “Capital is more expensive now than it’s been in years,” he writes in TC+. So what happens when you are good at what you do?
Brrr, it’s cold in here : Manish writes that a “venturecapital winter” will last a little longer, according to SoftBank’s Masayoshi Son. Startups and VC. Rebecca ’s transportation and mobility roundup, the Station, was particularly good too, breaking down what is happening in the land of micromobility and much more.
Startups and VC. Here, have a fresh battery : Magna enters the micromobility and battery swapping market with a $77 million investment in Yulu, Rebecca reports. Africa’s hot and heavy fintech sector : Kippa, a Nigerian financial management app for merchants, closed on $8.4 million in new funding.
Startups and VC Lex, the hookup and social app that launched in 2019 with a nod to lesbian personal ads from the ’80s, is changing. We’ve got your ticket to ride an e-scooter : Lyft wants to reshape shared micromobility with dockable e-scooter. Only, precisely how much will change is still an open question, Harri writes.
The Nordic countries make up just 4% of Europe’s total population, but they account for a significant amount of venturecapital investment. That said, Norway’s VC community has been somewhat dormant for a while. This is super hard to pinpoint and it is really challenging to label an industry as overlooked.
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