HeadSpin, a Palo Alto, Calif.-based company that ensures connected experiences enabled by web, mobile, IoT and 5G, raised $60m in Series C funding. The round – brings the total amount raised since inception to $117m and valuation to $1.16 billion – was led by Dell Technologies Capital and ICONIQ Capital with participation from institutional investors… Continue reading HeadSpin Raises $60M in Series C Funding at $1.16 Billion Valuation
Tag: Mobility
Toyota accelerates push into driverless technology
Japanese carmaker pours $400m into Chinese start-up Pony.ai as global race heats up Go to Source
Toyota steers $400 million to self-driving startup Pony.ai
Pony.ai, a self-driving startup based in Silicon Valley and Guangzhou, China, is deepening its ties to Toyota. The two companies announced a pilot program to test self-driving cars on public roads in two Chinese cities, Beijing and Shanghai. The Japanese auto giant plans to invest $400 million in Pony.ai, valuing the startup at $3 billion.… Continue reading Toyota steers $400 million to self-driving startup Pony.ai
Uber, Lyft may create more CO2 emissions than trips they displace
Sponsored Links AP Photo/Ross D. Franklin Ride-hailing services might seem environmentally friendly by reducing the need for car ownership. However, that’s not necessarily the case — they might actually make matters worse. A newly published study from the Union of Concerned Scientists estimates that services like Uber and Lyft typically generate 69 percent more CO2… Continue reading Uber, Lyft may create more CO2 emissions than trips they displace
NTSB chair eviscerates Tesla for inaction over Autopilot concerns
Sponsored Links y_carfan via Getty Images The National Transportation Safety Board held a hearing on Tuesday regarding a deadly 2018 crash in which a Tesla Model X slammed into a Mountain View highway divider at 70mph, was subsequently struck by two other vehicles and then exploded. During that announcement, the safety board revealed that the… Continue reading NTSB chair eviscerates Tesla for inaction over Autopilot concerns
Self-driving startup Pony.ai raises $500m in Toyota-led funding
Autonomous driving firm Pony.ai has raised around $500 million in its latest funding round, led by an investment by Japan’s largest automaker Toyota Motor Corp, two people with direct knowledge of the matter told Reuters. Toyota’s cheque of around $400 million marks its biggest investment in an autonomous driving company with a Chinese background, the… Continue reading Self-driving startup Pony.ai raises $500m in Toyota-led funding
Grab deal signals path ahead for MUFG under new chief
FILE PHOTO – People walk past a branch of Mitsubishi UFJ Financial Group’s bank of Tokyo-Mitsubishi UFJ (MUFG) in Tokyo, Japan, May 16, 2016. REUTERS/Thomas Peter/File Photo Premium The price tag for a partnership with ride-hailing startup Grab Holdings was $706 million, an unprecedented sum for a Japanese lender to invest in an overseas nonfinancial… Continue reading Grab deal signals path ahead for MUFG under new chief
Free-floating car-share will return to Seattle this spring with new AAA service
AAA is bringing its GIG car-sharing service to Seattle. (GIG Photo) Seattle is getting a new free-floating car-share service this spring, filling a void left by popular mobility options that exited the city over the past few months. AAA is expanding its GIG Car Share service beyond the San Francisco Bay Area to Seattle. GIG… Continue reading Free-floating car-share will return to Seattle this spring with new AAA service
NHL Seattle to spend $7M on Monorail upgrades and offer transit incentives to get fans to new arena
An artist rendering of the Seattle Center Monorail, with NHL Seattle branding, as it passes the Museum of Pop Culture toward its Seattle Center station. (NHL Seattle Image) The hype around hockey in Seattle has the potential to turn into heartache for those who get stuck in traffic in the congested corridors that feed the… Continue reading NHL Seattle to spend $7M on Monorail upgrades and offer transit incentives to get fans to new arena
Micro-Mobility Will Have The Microlino 2.0 Without A 1.0 For Sale
Swiss micro mobility pioneer Micro presents two world premieres in Geneva Micro presents the second generation of the Microlino in Geneva In addition to a new design selected by the more than 17,000 pre-orderers, the technical aspects of the Microlino have also been completely revised With the Microletta, Micro is presenting a concept of a… Continue reading Micro-Mobility Will Have The Microlino 2.0 Without A 1.0 For Sale