This year was a watershed for the electric vertical take-off and landing (eVTOL) industry, marked by billion dollar exits, huge venture deals and more partnerships. But in many ways, the past year should be thought of as the setting of a chess board before a match: the pieces are in place. Now it is time… Continue reading The eVTOL take-off part two: Looking ahead to 2022
Author: Tech Crunch Online News
Micromobility in 2022: Refined, mature and packed full of tech
2021 was the year micromobility as a concept, a solution and a way of life really started to settle in. Increased shared micromobility and COVID-ridden public transit helped make small electric vehicles mainstream enough for people to wrap their heads around purchasing their own. Consequently, 2021 was the year of the e-bike, with a growth… Continue reading Micromobility in 2022: Refined, mature and packed full of tech
GM is also dropping its CES exhibit, organizers still planning in-person show
Update: CTA head Gary Shapiro has offered TechCrunch the following updated statement, Over 2200 companies are confirmed to participate in person at CES 2022 in Las Vegas. Our focus remains on convening the tech industry and giving those who cannot attend in person the ability to experience the magic of CES digitally. CES 2022 will provide… Continue reading GM is also dropping its CES exhibit, organizers still planning in-person show
Patreon CPO says the company will double in size in 2022
Creator monetization startups are cropping up left and right as the tech world embraces the fast-growing creator economy. But Patreon, founded in 2013, has been around since before words like “influencer” were in our vocabulary — back when “Tik Tok” was a Kesha song, rather than the social platform that everyone is trying to emulate.… Continue reading Patreon CPO says the company will double in size in 2022
The eVTOL take-off: four trends that shaped 2021
Billions of dollars, dozens of deals, and one legal battle: the year in eVTOL was an unforgettable one, with developers picking up the pace even as the larger aviation sector was busy slowly recovering from the fallout from the COVID-19 pandemic. Below, we catch up with leading analysts and investors to identify the top trends… Continue reading The eVTOL take-off: four trends that shaped 2021
South Africa’s Planet42 gets $30M for its car subscription service, Mexico expansion
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $30 million in equity and debt. The investment — which co-founder and CEO Eerik Oja called a bridge round — is a prequel to a larger Series A round next year. It… Continue reading South Africa’s Planet42 gets $30M for its car subscription service, Mexico expansion
Voi scooters raises $115M Series D round as it preps to enter new cities — and for an IPO
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. But the war for funding… Continue reading Voi scooters raises $115M Series D round as it preps to enter new cities — and for an IPO
AI chip maker Kneron raises $25M for autonomous driving push
AI chips, which are semiconductors designed to accelerate machine learning, have many applications. One of the promising use cases, according to Albert Liu, is using AI chips in autonomous driving vehicles. That’s why Liu’s AI chipmaking startup Kneron has been quietly racking up investments to march into smart transportation. It recently closed a new round… Continue reading AI chip maker Kneron raises $25M for autonomous driving push
The Station: Cruise loses its head, Nio brings AR in the car, and Rivian expands to Georgia
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. A… Continue reading The Station: Cruise loses its head, Nio brings AR in the car, and Rivian expands to Georgia
India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth
With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity. Cars24, a startup out of India… Continue reading India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth