Taking Lyft’s new e-bike for a spin

The bike had none of the usual signage when I took it for a spin around the chaotic and construction-filled streets of Manhattan. It very much looked like a prototype, with visible soldering on the joints and a not-quite-complete AV system. But it handled well, when merging in and out of traffic — and at… Continue reading Taking Lyft’s new e-bike for a spin

Synctera raises $33M Series A to pair fintechs with banks

Synctera, which aims to serve as a matchmaker for community banks and fintechs, has raised $33 million in a Series A round of funding led by Fin VC. The raise comes just under six months after the fintech raised $12.4 million in a seed round of funding. New investors Mastercard and Gaingels also participated in… Continue reading Synctera raises $33M Series A to pair fintechs with banks

Tesla files trademark, hinting at Elon Musk’s restaurant concept plans

Tesla has recently filed a new trademark for its brand under restaurant services, a sign the company might be finally gearing up to deliver on an idea that CEO Elon Musk and other company executives have discussed publicly since at least 2017. The company applied for three new trademarks that will cover the categories of:… Continue reading Tesla files trademark, hinting at Elon Musk’s restaurant concept plans

Former head of Alphabet’s Loon joins Starship Technologies as new CEO

Autonomous robotics company Starship Technologies has a new CEO. The company on Tuesday said Alastair Westgarth, the former CEO of Alphabet’s Loon, would be leading the company as it looks to expand its robotics delivery service. Westgarth previously headed Loon, Alphabet’s experiment to deliver broadband via high-altitude balloons, from 2017. The project shut down for… Continue reading Former head of Alphabet’s Loon joins Starship Technologies as new CEO

7-Eleven to install 500 EV charging stations by the end of 2022

Convenience stores are ubiquitous – and they sell the vast majority of gas purchased by consumers in the United States. But as more Americans transition to electric vehicles, a major reason people visit convenience stores will disappear. Industry giant 7-Eleven is looking to capture this growing market of EV drivers. The company said Tuesday it… Continue reading 7-Eleven to install 500 EV charging stations by the end of 2022

Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services

Belvo, a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. A mix of Silicon Valley and Latin American-based VC firms and angels participated in the financing including Future Positive, Kibo Ventures, FJ Labs, Kaszek, MAYA Capital, Venture Friends,… Continue reading Belvo, LatAm’s answer to Plaid, raises $43M to scale its API for financial services

Freight forwarder Sennder raises $80M at a $1B+ valuation

Freight forwarding — the process of organising how and where items will be shipped around the world, and specifically the technology that underpins that work — continues to be a huge area of the logistics market, not least because of the huge boom in e-commerce in the last year, and because of the Covid-19-mandated need… Continue reading Freight forwarder Sennder raises $80M at a $1B+ valuation

ChargerHelp co-founder, CEO Kameale C. Terry is heading to TC Sessions: Mobility 2021

Thousands of electric vehicle charging stations will be built around the country over the next decade. ChargerHelp!, founded in January 2020 by Kameale C. Terry and Evette Ellis, wants to make sure they stay up and running. The idea for the on-demand repair app for EV charging stations came to Terry when she was working… Continue reading ChargerHelp co-founder, CEO Kameale C. Terry is heading to TC Sessions: Mobility 2021

The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire

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 and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to… Continue reading The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire

GM, Palantir-backed Wejo to go public via SPAC

Wejo, the connected vehicle data startup backed by GM and Palantir, plans to go public through a merger with special purpose acquisition company Virtuoso Acquisition Corp. The agreement, announced in a regulator filing Friday, will give the combined company an enterprise valuation of $800 million, which includes debt. The deal raises $330 million in proceeds… Continue reading GM, Palantir-backed Wejo to go public via SPAC