Zoomo, the Australian startup with a mission to electrify delivery fleets through e-bike subscriptions, announced a $12 million interim capital raise on Monday. The company made a name for itself through partnerships with UberEats and DoorDash to help delivery workers access e-bikes through weekly subscriptions at discounted rates. Zoomo then grew to offer monthly subscriptions… Continue reading Zoomo raises $12 million to expand e-bike subscription offerings
Author: Tech Crunch Online News
The Station: Lyft sells its self-driving unit, Uber makes a big product push and Revel jumps into ride-hailing
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. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from… Continue reading The Station: Lyft sells its self-driving unit, Uber makes a big product push and Revel jumps into ride-hailing
EasyMile raises $66M for its autonomous people-and-goods shuttles
We may still be a long way off from Level 5, fully self-driving cars on the open road, but companies building autonomous vehicles and shuttles for specific uses within closed-campus deployments say they are on their way to commercial operations and are raising money to get there. In the latest development, a startup out of… Continue reading EasyMile raises $66M for its autonomous people-and-goods shuttles
Porsche makes its case for an all-electric Taycan wagon
Porsche has always gone its own way when it comes to creating new vehicles. It is, after all, the company that continues to stick to the wacky idea that putting the weight of an engine in the rear of a sports car is a great idea. (It is!) So, bucking the crossover trend to create… Continue reading Porsche makes its case for an all-electric Taycan wagon
Wunder Mobility’s new lending business helps micromobility startups finance fleets
Wunder Mobility built its business selling software to shared scooter, e-bike and even short-term car rental startups. Now, it’s banking on a new — and once secret — lending division to bring in more revenue that’ll giving micromobility operators another option to access capital without having pitch venture capitalists and other investors. The company announced… Continue reading Wunder Mobility’s new lending business helps micromobility startups finance fleets
Extra Crunch roundup: Klaviyo EC-1, micromobility’s second wave, UiPath CFO interview, more
Origin stories are satisfying because we already know the hero will overcome the odds — and in doing so, they’ll reveal their core strengths. This week, we published a four-part series about how Klaviyo co-founders Andrew Bialecki and Ed Hallen bootstrapped their startup into an e-commerce marketing automation platform now valued at $4.15 billion. Neither… Continue reading Extra Crunch roundup: Klaviyo EC-1, micromobility’s second wave, UiPath CFO interview, more
Hyundai invests in teleoperations startup Ottopia as part of $9M round
After spending much of his career in mission-critical environments, including the Israeli Air Force, Israeli Intelligence and leading development of a cybersecurity product at Microsoft, Amit Rosenzweig turned his attention to autonomous vehicles. It was a technology that he soon recognized would need what every other mission-critical system requires: humans. “I understood that there are… Continue reading Hyundai invests in teleoperations startup Ottopia as part of $9M round
Bosch sees a place for renewable fuels, challenging proposed European Union engine ban
Bosch executives on Thursday criticized proposed EU regulations that would ban the internal combustion engine by 2025, saying that lawmakers “shy away” from discussing the consequences of such a ban on employment. Although the company reported it is creating jobs through its new businesses, particularly its fuel cell business, and said it was filling more… Continue reading Bosch sees a place for renewable fuels, challenging proposed European Union engine ban
Dutch startup Go Sharing raises $60M to expand beyond e-mopeds and into new markets
On-demand access to electric mopeds — the small, motorised scooters that you sit on, not kick — has been a small but persistent part of the multi-modal transportation mix on offer to people in cities these days. Today, a startup out of The Netherlands is announcing some funding with ambitions to make e-mopeds more mainstream,… Continue reading Dutch startup Go Sharing raises $60M to expand beyond e-mopeds and into new markets
Ornikar raises $120M as its driving school marketplace goes up a gear with car insurance
A French startup that set out to bring a new approach to driver education and road safety, and then used that foothold to expand into the related area of car insurance, is today announcing a big round of funding to continue building its service across Europe. Ornikar, which prepares people for driving tests by providing… Continue reading Ornikar raises $120M as its driving school marketplace goes up a gear with car insurance