FILE PHOTO: Tier e-scooters are ready to use at the entrance to a pedestrian area in Frankfurt, Germany, August 8, 2019. REUTERS/Kai Pfaffenbach/File Photo BERLIN (Reuters) – Berlin-based kick scooter company Tier Mobility said on Friday it had extended an investment round to more than $100 million as it seeks to expand across Europe. Launched… Continue reading Berlin-based scooter firm Tier extends funding round to $100 million
Tag: Uber
Car-sharing startup SOCAR raises $18m from Eugene PE, KH Energy
Car-sharing platform SOCAR announced that it has raised $18 million in a Series A funding round from South Korean investors Eugene Private Equity and KH Energy, according to a report by e27. SOCAR is headquartered in South Korea, but currently operates primarily in Malaysia. The company is expected to use the fresh funding to expand… Continue reading Car-sharing startup SOCAR raises $18m from Eugene PE, KH Energy
Cabify Beats Uber, Lyft to Profitable Sustainability
Cabify says it is the first mobility company in the sector that is financially sustainable. Photo via Cabify. Cabify, a Spanish mobility as a service (MaaS) copany, achieved for the first time, in the last quarter of 2019, an operating profit or EBITDA for $3 million dollars. Cabify’s consolidated net revenues in 2019 amounted to $104 million, up 11% from… Continue reading Cabify Beats Uber, Lyft to Profitable Sustainability
Uber shuts its Los Angeles office and reportedly lays off about 80 people
Uber is closing its Los Angeles office, reportedly laying off about 80 staff members. According to the Los Angeles Times, the staff were informed, without warning, that their jobs would be shifted to Manila in the Philippines. The ride-hailing giant has reportedly culled more than 1,000 workers since going public last May. Earlier this month,… Continue reading Uber shuts its Los Angeles office and reportedly lays off about 80 people
A self-driving start-up pulls in rare revenues by keeping its ambitions low – Los Angeles Times
May Mobility Inc.’s boxy white-and-green self-driving shuttle pulls up to a damp corner in downtown Detroit. Its big doors swing out, revealing a safety driver and six seats that face each other. It’s more comfortable than a subway car or most buses, but not by much. The shuttle slips down a bus lane and stops… Continue reading A self-driving start-up pulls in rare revenues by keeping its ambitions low – Los Angeles Times
The Station: Lucid Motors spy shot and the birth of an AV startup – TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello again — or perhaps for the first time. This is Kirsten Korosec, senior transportation reporter at TechCrunch and your host here at The Station. This weekly… Continue reading The Station: Lucid Motors spy shot and the birth of an AV startup – TechCrunch
MotoRefi Secures $8.6M in Series A Funding
MotoRefi, an Arlington, VA-based innovative auto refinance platform, raised $8.6M in Series A funding. The round was co-led by Accomplice and Link Ventures with participation from Motley Fool Ventures, CMFG Ventures (part of CUNA Mutual Group), Gaingels and others. Rob Chaplinsky, Managing Director of Link Ventures, and Rachel Holt, former Uber executive and Co-Founder at… Continue reading MotoRefi Secures $8.6M in Series A Funding
Bangalore startup launches low-cost EV charging station, aims 470 chargers across India
Bangalore-based EV startup, FAE Bikes has announced the launch of ‘Kirana Charzer’, a low-cost, smart EV charging station focused on enabling small shops and individuals to install their own charging stations and generate additional income. The installations will begin from March, with the first Kirana Charzer coming up in Bangalore. The Dheeraj Reddy, Sameer Ranjan… Continue reading Bangalore startup launches low-cost EV charging station, aims 470 chargers across India
The CEO of a scooter startup owned by Ford explains why it’s a good thing that his employees are unionizing — and how it could help Spin get a leg up on Bird and Lime
Forty workers who manage Spin’s fleet of scooters in December voted to unionize. Even before the decision, the Ford-owned startup had classified the workers as employees instead of independent contractors, giving them access to the associated benefits that come with employment. In an interview, Spin’s founder explained why the investments in training and benefits may… Continue reading The CEO of a scooter startup owned by Ford explains why it’s a good thing that his employees are unionizing — and how it could help Spin get a leg up on Bird and Lime
Introducing Our COO and Rising Engineering Leaders
Readying Voyage to launch a self-driving car business I’m both incredibly proud of and humbled by the all-star team we’ve built at Voyage. As we work to unlock the potential of self-driving cars for people who need them, we’re building a business to create advanced mobility technology that serves people at-scale. Our people are remarkable, and… Continue reading Introducing Our COO and Rising Engineering Leaders