COVID-marred 2020 was a difficult period for startup exits — M&As, IPOs, and secondary sales — in Southeast Asia, but the next 3-4 years look promising, according to the SE Asia Exit Landscape Report 2.0 by Golden Gate Ventures and INSEAD released on Thursday. There were 107 exits in the region last year — a… Continue reading Startup exits in SE Asia slowed down in COVID-hit 2020, but next few years look promising
Tag: Mobility
Ford CEO says US needs to regulate automated driving systems – Stuff.co.nz
The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley becomes the highest-profile auto executive to publicly recognise a need to more closely monitor the emerging technology,… Continue reading Ford CEO says US needs to regulate automated driving systems – Stuff.co.nz
ICM Mobility Group Acquires Mobile Ticketing and Payment Specialist Unwire
Joining Vix Technology, Kuba, Snapper and Littlepay to deliver complete solutions for transport operators across the globe. COPENHAGEN, Denmark, June 4, 2021 /PRNewswire/ — ICM Mobility Group announces the acquisition of Unwire, joining a group of companies with a portfolio of solutions deployed in over 100 cities around the world, making more efficient journeys and payments… Continue reading ICM Mobility Group Acquires Mobile Ticketing and Payment Specialist Unwire
Indra Is About To Take The Plunge In Paris And Revolutionise Transport Payments In The French Capital
– By offering the latest technologies in the sector, it wants to become a reference in the region – The company is present in mobility and transport in more than 100 cities around the world MADRID, June 4, 2021 /PRNewswire/ — Indra, one of the leading companies in the global ticketing sector, is preparing to… Continue reading Indra Is About To Take The Plunge In Paris And Revolutionise Transport Payments In The French Capital
Realtime Robotics Raises $31.4M in Series A Funding
Realtime Robotics, a Boston MA-based company which specializes in autonomous motion planning for industrial robots, raised $31.4M in Series A funding. New strategic investors including HAHN Automation and SAIC Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures, joined existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures… Continue reading Realtime Robotics Raises $31.4M in Series A Funding
Tesla disrupted by traditional mechanics
A Tesla electric vehicle (EV) drives past a crossing in Shanghai, China March 9, 2021. REUTERS/Aly Song/File Photo – RC2WIN94V64E Tesla (TSLA.O) is discovering that even new carmakers can suffer old problems. The electric-car maker’s China orders nearly halved in May from a month earlier, The Information reported on Thursday, after jitters over its quality… Continue reading Tesla disrupted by traditional mechanics
Watch Tesla Autopilot Get Bamboozled by a Truck Hauling Traffic Lights
Who put all these traffic lights in the middle of the road? Stop and Go A Tesla Model 3 owner encountered an unusual glitch while using the Autopilot assisted driving system on the highway: The car seemed to detect an endless trail of traffic lights all the way down the road as it traveled upwards… Continue reading Watch Tesla Autopilot Get Bamboozled by a Truck Hauling Traffic Lights
SoftBank Vision Fund may deploy over $4b in Indian tech bets this year
“In India, we’ve already invested more than $2 billion in 8-9 companies in the first five months of this year…a few deals are yet to be announced. And we will continue to invest if we find the right opportunities. We anticipate investing a similar size in the remainder of this year,” SoftBank Vision Fund CEO… Continue reading SoftBank Vision Fund may deploy over $4b in Indian tech bets this year
Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality
Toyota AI Ventures, Toyota’s standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. The introduction… Continue reading Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality
Booster Hires Chief People Officer and General Counsel to Support Fleet Business Growth
SAN MATEO, Calif., June 3, 2021 /PRNewswire/ — Booster, the leading mobile energy delivery service, today announces new additions to its upper management team. Chief People Officer Ron Storn of KeepTruckin, Zume, and Lyft, and General Counsel Juliana Chen of Guidewire Software and Fitbit will deepen the company’s bench of technology talent and support Booster’s continued… Continue reading Booster Hires Chief People Officer and General Counsel to Support Fleet Business Growth