Woven Capital, L.P., the investment arm of the Woven Planet Group, a Toyota subsidiary that is dedicated to building the safest mobility in the world, today announced that it has made an investment in UP.Partners’ newly launched $230M venture capital fund. The fund is dedicated to supporting early-stage companies that are transforming the moving world.… Continue reading @Toyota: Woven Capital Invests in UP.Partners’ New Venture Capital Fund Dedicated to Powering the Future of Mobility Through Emerging Technology
Tag: Mobility
RevFin raises $4 million in pre-series A funding round
RevFin, which runs a digital lending platform that finances electric vehicles for commercial use, has raised $4 million (about Rs 30 crore) in pre-series A funding round with both equity and debt. The funding round was led by Redcliffe Life Solutions founder Dheeraj Jain. Other investors in the round included Let’s Venture Angel Fund; Anuraag… Continue reading RevFin raises $4 million in pre-series A funding round
@Tata: Tata Motors joins hands with Endress+Hauser Flowtec (India) Pvt. Ltd to offer electric mobility for employee transportation000309
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Xpeng-backed urban air mobility company, HT Aero, raises $500M
HT Aero, an urban air mobility (UAM) company that’s an affiliate of Chinese electric vehicle manufacturer Xpeng, has announced a $500 million Series A raise. The company will use the funds to acquire top-tier talent, advance R&D and “continue to gain airworthiness provision and certification” as it advances towards the next generation of its vehicles,… Continue reading Xpeng-backed urban air mobility company, HT Aero, raises $500M
Rapid charging expert Heliox launches New 180kW Flex Charge System ™
The Flex Charge System is compatible with multiple vehicles, removing barriers to entry and enabling a giant stride ahead in the e-mobility revolution. LONDON, Oct. 19, 2021 /PRNewswire/ — Today, rapid charging expert Heliox has announced the launch of its 180kW Flex Charge System™, designed for high-powered depots and overnight charging across multiple vehicles, including buses… Continue reading Rapid charging expert Heliox launches New 180kW Flex Charge System ™
College Students in AI Take ‘World’s Greatest Field Trip’ to GTC
Seventy-five students from Houston Community College’s new two-year artificial intelligence program will attend NVIDIA’s GTC conference next month. Calling it “the greatest field trip of all time,” the program’s coordinator, G. Raymond Brown, sees it as a way to bring students in the program up to speed fast. The program at HCC, launched in August… Continue reading College Students in AI Take ‘World’s Greatest Field Trip’ to GTC
StradVision CEO discusses impact of ADAS, Autonomous Vehicle advancements
Q: Who will benefit most from ADAS technology and Autonomous Vehicles?A: As the number of vehicles worldwide expands, traffic accidents and their fatality rate are increasing. According to the WHO, more than 1.3 million people worldwide die in road accidents every year. Drivers over age 65 are 573% more likely than the average driver to… Continue reading StradVision CEO discusses impact of ADAS, Autonomous Vehicle advancements
@Groupe PSA: PR Stellantis and LG Energy Solution to Form Joint Venture for Lithium-Ion Battery Production in North America002675
AMSTERDAM – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) and LG Energy Solution today announced that their companies have entered into a memorandum of understanding to form a joint venture to produce battery cells and modules for North America. The parties intend that the joint venture will establish a new battery manufacturing facility… Continue reading @Groupe PSA: PR Stellantis and LG Energy Solution to Form Joint Venture for Lithium-Ion Battery Production in North America002675
@BMW: BMW i Ventures Announces Investment in Battery Startup Our Next Energy.001533
Mountain View, CA – October 18, 2021 – BMW i Ventures announced today an investment in Our Next Energy Inc. (ONE), a Michigan-based energy storage solutions company working to develop longer range, lower cost batteries for electric vehicles. “Our Next Energy is working to fundamentally reinvent the battery while focusing on sustainability, safety and cost; three… Continue reading @BMW: BMW i Ventures Announces Investment in Battery Startup Our Next Energy.001533
Amazon’s Zoox is expanding autonomous vehicle operations, testing to Seattle
Zoox, the autonomous vehicle startup acquired last year by Amazon, is expanding to Seattle. The company plans to open in 2022 an engineering office and operations facility, which will act as a base for its autonomous vehicle testing, Zoox, which today employs more than 1,300 people, tests its autonomous vehicles in San Francisco, Las Vegas… Continue reading Amazon’s Zoox is expanding autonomous vehicle operations, testing to Seattle