Moove, an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $105 million in new Series A2 financing. Existing investors Speedinvest, Left Lane Capital and thelatest.ventures (the first two are lead investors from its Series A) led this round shared between $65 million equity… Continue reading Moove raises $105M to scale its vehicle financing product across Asia, Europe and MENA
Author: Tech Crunch Online News
Luminar’s Austin Russell talks life post-IPO, AV deals and lidar’s future at TC Sessions: Mobility 2022
Achieving the vision of a world where fully autonomous vehicles are both safe and ubiquitous continues to be a long and winding road. Three complementary sensor technologies have emerged in the race to build vehicles that don’t require human intervention: camera, radar and lidar (light detection and ranging radar). Lidar, in particular, is widely considered… Continue reading Luminar’s Austin Russell talks life post-IPO, AV deals and lidar’s future at TC Sessions: Mobility 2022
The Station: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Your… Continue reading The Station: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook
Holoride’s in-car VR tech is coming to Audi this summer
Virtual reality is about to launch in series production cars this summer, starting with Audi sedans and SUVs. Holoride announced Saturday at the SXSW tech, music and film conference in Austin that its headset-based virtual-reality entertainment system will debut in June in certain Audi models with the latest MIB 3 software. The announcement is a… Continue reading Holoride’s in-car VR tech is coming to Audi this summer
Rivian shares reach new low after reporting disappointing Q4 earnings
Today after the bell, EV company Rivian reported its fourth-quarter financial results, and calendar 2021 outcome. The company generated $54 million in Q4 2021 revenue, nearly precisely its full-year tally of $55 million. Rivian delivered 909 vehicles in the final three months of the year. The company’s move into more large-scale deliveries in Q4 2021… Continue reading Rivian shares reach new low after reporting disappointing Q4 earnings
VW’s futuristic electric bus is real and coming soon (finally)
More than five years ago, Volkswagen showed off its vision for its next generation of vehicles — a cheerful two-tone lime yellow and white microbus concept that gave a nod to its T1 van life past and embraced an electric and connected future. That electric microbus future has finally arrived. At least, for Europe. Volkswagen… Continue reading VW’s futuristic electric bus is real and coming soon (finally)
Kodiak Robotics is moving autonomous freight for Ceva Logistics
Autonomous trucking startup Kodiak Robotics has partnered with Ceva Logistics to deliver freight autonomously between Dallas-Forth Worth and Austin and Dallas-Fort Worth and Oklahoma City, the company said on Wednesday, marking its first publicly announced customer. This is not a pilot or an agreement to test Kodiak’s tech on the wide open road. Ceva is… Continue reading Kodiak Robotics is moving autonomous freight for Ceva Logistics
Nvidia invests $10M in sidewalk robot delivery company Serve Robotics
Chipmaking giant Nvidia is investing $10 million in Uber spinout Serve Robotics, funds the startup will use to further expand its sidewalk delivery robot service outside Los Angeles and San Francisco. The investment – Nvidia’s first in the sidewalk delivery space – is part of a long-term collaboration that will see the two companies work… Continue reading Nvidia invests $10M in sidewalk robot delivery company Serve Robotics
Aston Martin to develop battery cell technology with Britishvolt
British luxury carmaker Aston Martin has signed a Memorandum of Understanding with lithium-ion battery cell technologies company Britishvolt. The companies will work together towards developing battery cell technology designed for high performance cars. Aston Martin plans to launch its first battery electric vehicle in 2025, which is expected to be a direct replacement of one… Continue reading Aston Martin to develop battery cell technology with Britishvolt
Fetch raises $3.5M for its self-service truck rental marketplace
Once upon a time, I had a truck. I loved that truck! I didn’t actually use the truck as a truck all that often, so eventually I sold it and bought something more in tune with my daily needs. Something more “practical,” I suppose. I still miss that truck. Now the few times a year… Continue reading Fetch raises $3.5M for its self-service truck rental marketplace