Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You… Continue reading Equity Monday: Microsoft buys Nuance, Uber isn’t dead, and Austin has a new unicorn
Tag: Uber
Uber reveals March bookings were the highest in company history as ride-hailing rebounds from the pandemic (UBER)
Uber saw record demand for its ride-hailing services in March, it said Monday The company also hit another record for its delivery services. Uber faces some difficulty finding drivers to meet post-pandemic demand for its services. See more stories on Insider’s business page. Uber on Monday revealed record bookings for the month of March 2021,… Continue reading Uber reveals March bookings were the highest in company history as ride-hailing rebounds from the pandemic (UBER)
@Hyundai: Hyundai Motor partners with Uber
Hyundai Motor entered a strategic partnership with Uber in Europe Through this partnership, Hyundai offers Uber drivers discounted access to its IONIQ Electric and Kona Electric models The goal of this cooperation is to increase adoption of electric vehicles and expansion of charging infrastructure across major European cities 12 April 2021 – Hyundai Motor entered… Continue reading @Hyundai: Hyundai Motor partners with Uber
@Nissan: Tipping point: 70% of European drivers would consider an electric vehicle as their next car000299
2021/04/07 EV drivers’ satisfaction show electric driving is a promising alternative to a combustion engine 97%1 of EV drivers found the switch “as expected” or “easier” and enjoy the EV driving experience 89%1 believe ditching diesel/petrol was the right decision New testimonial series “My Life with a Nissan LEAF” spotlights authentic owners’ stories and the… Continue reading @Nissan: Tipping point: 70% of European drivers would consider an electric vehicle as their next car000299
Moxie Raises $6.3M in Seed+ Funding
Moxie, a NYC- and Berlin, Germany-based virtual fitness platform, raised $6.3M in Seed+ funding. The round, which follows a $2.1M Seed round announced in October 2020, bringing total funds raised to date to $8.4M, was led by Resolute Ventures with participation from Bessemer Ventures, Greycroft Ventures, Gokul Rajaram and additional industry leaders such as Bruce… Continue reading Moxie Raises $6.3M in Seed+ Funding
Private chef parties at home startup Yhangry raises $1.5M seed from VC angels and Ollie Locke
There’s an “Uber for everything” these days, and now there are “Ubers for personal chefs”. Just take a look at PopTop or 100 Pleats for instance. Now in London, there is Yhangry (which brands itself as the appropriately shouty YHANGRY). This is a “private chef parties at home” website, and no doubt an app at… Continue reading Private chef parties at home startup Yhangry raises $1.5M seed from VC angels and Ollie Locke
TrueLayer Secures $70M in Series D Funding
TrueLayer, a London, UK-based open banking platform, secured $70m in Series D funding. The round, which brings the total investment to date to $142m, was led by new investor Addition with participation from existing investors Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek, as well as Visionaries Club, Surojit Chatterjee (CPO Coinbase), Zack Kanter… Continue reading TrueLayer Secures $70M in Series D Funding
Planning on Renting Your Vehicles on a P2P Platform for Gig Drivers? Be Aware of the Risks
For gig platforms that self-insure for collision and liability, whatever is paid out in an accident beyond whatever deductible is stated is coming out of the platform owner’s pocket, not an insurance provider. Photo via Pixabay/cdz. A lawsuit recently made headlines that, for anyone that knows the peer-to-peer (P2P) rental industry, is regrettable but inevitable… Continue reading Planning on Renting Your Vehicles on a P2P Platform for Gig Drivers? Be Aware of the Risks
Uber entices drivers back post-pandemic with $250 million stimulus
Despite the classification of ride-hail drivers as “essential workers” during the early days of the pandemic, last April Uber’s business dropped by 80%. Drivers decided they’d rather not risk contracting or spreading COVID-19 for the measly revenue provided by the few rides per day they were getting, so when the federal CARES Act extended the Pandemic… Continue reading Uber entices drivers back post-pandemic with $250 million stimulus
Polestar is building a zero-emissions car without ‘cop-out’ carbon offsets
Swedish electric performance automaker Polestar says it will build the world’s first truly zero-emissions vehicle without relying on carbon offsets, which it described as a “cop-out.” The company, which was spun out of Volvo and Volvo’s parent company Geely, framed its effort to cut carbon emissions by changing the way its cars are made as… Continue reading Polestar is building a zero-emissions car without ‘cop-out’ carbon offsets