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Global mobility firm inDrive launches venture targeting startups
inDrive, a global mobility and urban services platform, has announced the launch of a new venture and M&A arm aiming to invest up to $100 million in promising startups.
South African logistics startup Tripplo raises $1.8m funding to scale its operations
Tripplo has closed its seed funding extension round with $1.8m equity investment.
Mobility startup Treepz launches insurance program for car rentals in Africa
Treepz is introducing an insurance program for car rentals in Africa.
Gebrüder Weiss provides zero-emission deliveries to end customers in Budapest
Gebrüder Weiss has started to provide zero-emission deliveries to end customers.
[Electric pickups] The next big EV opportunity, IDTechEx
Electrification in the US is at an earlier stage than other regions globally.
Hyundai Mobis expands its discovery of Silicon Valley mobility startups in the US
Hyundai Mobis is expanding its investments in global startups.
[Column] Dong Won Lee: Tech innovations should enrich the total customer experience
New technologies are now ingrained in our lives.
Nigeria's Treepz among startups selected for 2023 VC4A Venture Showcase Africa
Treepz hes been selected to participate in VC4A Venture Showcase Africa.
On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Picup has launched its Driver Training Centres in Cape Town.
From catwalks to urban planning: Milan's sustainable city transformation, Plug and Play
Milan is a city known for its vibrant fashion and cultural scene.
Nigerian mobility fintech Moove secures $76m funding for global expansion
Nigerian mobility fintech Moove, has secured $76 million in new funding.
Kenyan mobility startup Stima secures €100k investment
Stima Mobility has secured €100,000 investment from DEG Impulse.
Stellantis Ventures seeds innovation with investments into sustainable mobility
Stellantis Ventures has been formed to support 'Dare Forward 2030' strategic plan.
Plenitude, Energica partner to provide innovative solutions for electric mobility
Plenitude (Eni) and Energica have partnered to develop new cutting-edge projects.
5 UK cities leading the way in sustainable transport, Plug and Play
The need for transportation systems that prioritize environmental sustainability has gained significant momentum.
Satgana invests in pre-seed round of French electric bike startup Loewi
Satgana has invested in the pre-seed round of Paris-based electric bike startup Loewi.
Leveraging proptech for urban design that promotes sustainable transport, Plug and Play
Proptech is becoming a part of a transformational movement in transportation.
How automotive solutions will create sustainable urban living, Plug and Play
Automotive solutions play a critical role in creating sustainable cities, particularly in regard to real estate, urban planning, IoT, AI, and smarter cities in general.
AAM invests in EnerTech's Global Strategic Mobility Fund to advance automotive technologies
American Axle & Manufacturing (AAM), a pioneer in driveline and metal forming technology, announced a $10 million investment in the Global Strategic Mobility Fund (GSMF), a venture capital fund managed by EnerTech Capital.
Fintech startup Pyypl rolls out social, micro-investment platform for African entrepreneurs and micro-SMEs
Fintech startup Pyypl has announced the commercial rollout of its social, micro-investment platform for self-employed entrepreneurs and micro-SMEs in Africa.
[Column] Alp Tilev: Why the transition to e-mobility in Africa must be expedited
Historically, Asia has been the birthplace of motorcycles. China, India, Indonesia, and Vietnam are the world's four largest motorcycle markets. The continent is home to roughly 58% of all motorcycles in the world.
Factor[e] Ventures launches a new venture studio to transform the African startup ecosystem
Delta40 focuses on technology-driven energy, agriculture, and mobility ventures led by diverse, experienced founders.
Al-Abdullah Group invests $50m in Indian EV startup Kabira Mobility to accelerate growth
Kabira Mobility, a prominent electric bike manufacturer in India renowned for its KM3000 and KM4000 models, announced it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar).
Bolt announces plans to expand services in Africa with €500m investment
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.
German electric mobility startup Dance raises €12m to accelerate sustainable mobility solutions across Europe
Electric mobility subscription startup Dance has raised €12 million in additional equity and debt capital. The equity raise was led by existing investors HV Capital, Eurazeo and BlueYard.
Insurtech startup Lami joins forces with Unchorlight to provide insurance covers for Boda Boda riders in Kenya
Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK), to provide boda boda riders in the country with access to suitable and reliable insurance covers.
Spanish EV charging operator Zunder receives €40m from the EIB to accelerate electrification of road transport
The EIB and Zunder, an independent ultra-fast charging infrastructure operator for electric vehicles (EVs) in Spain, have signed a loan of €40 million in order to finance the installation of a network of fast chargers.
Amsterdam-based mobility startup Transferz raises €6.5m for its sustainable and reliable ground transportation solutions
Transferz, the Amsterdam-based B2B mobility platform in pre-booked ground transportation, announced a successful €6.5 million fundraising round led by a consortium of individual business angels.
CampX by Volvo Group opens new Incubator track for startups to accelerate sustainable mobility innovations
More than 50 startups have developed their ideas at CampX, the global collaboration hub for innovations by Volvo Group.
Africa’s mobility startup eWaka secures $540K loan from SECO to accelerate growth
Kenyan mobility solutions provider eWaka has secured a $540K loan from the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation.
[Startup Interview] Don Okoth, General Manager, Sendy, Kenya
Don Okoth is General Manager for Kenyan Fulfillment and Logistics startup Sendy. In this interview, he talks about the current state of logistics in Kenya and beyond, including Sendy's role in shaping the industry.
Mobility startup BasiGo and AVA to assemble 1,000 electric buses in Kenya
BasiGo, the Kenyan-based electric manufacturer has partnered with the Associated Vehicle Assemblers (AVA), to assemble its buses in the country.
Sustainable mobility startup eWAKA receives 500K CHF loan to accelerate growth
eWAKA, one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation.
Japan headquartered drone and Urban Air Mobility startup Terra Drone raises $14m funding to accelerate growth
Terra Drone, a drone and Urban Air Mobility (UAM) technology provider, has raised $14 million in funding from Wa'ed Ventures, the venture capital arm of the biggest oil producer in the world, Aramco.
Swedish automotive manufacturer Scania launches Scania Growth Capital II at €182.8m
Sweden-based automotive company Scania, announced it is launching a new €182.8 million investment vehicle, Scania Growth Capital II, following the success of its first venture capital fund, Scania Growth Capital I.
Kenyan supply chain and logistics startup Leta secures $3m pre-seed funding to accelerate growth
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of $3 million Pre-Seed equity round.
Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.
Mobility startup BasiGo secures $6.6m funding to accelerate electric bus uptake in Kenya
BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54.
Kenyan logistics startup Sendy raises funding from Japanese VC MOL PLUS to accelerate growth
Kenyan fulfillment and logistics startup Sendy, announced it has received funding from MOL PLUS the Corporate Venture Capital of Japanese transport firm Mitsui O.S.K. Lines (MOL).
Stellantis invests in Africar Group to create Auto24, African used vehicle startup
Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast.
French battery startup Verkor raises more than €250m financing for its innovation centre
French battery startup Verkor announced it has raised more than €250 million, for the inauguration of its R&D lab, an integral part of the Verkor Innovation Centre.
Japanese startup TIER IV launches commercial autonomous driving software platforms for multiple operational design domains
TIER IV, an open source autonomous driving startup, announced it has launched commercial autonomous driving software platforms "Pilot.Auto" and "Web.Auto".
YEGO ride-sharing platform from Rwanda launches in Kenya
YEGO Global, a ride-sharing platform from Rwanda has entered the Kenyan market to take on Uber and Bolt through its subsidiary - YEGO Mobility Kenya.
Danish blockchain startup Drivn enables users earn an income while saving the planet
Drivn, the brainchild of three Danish founders, aims to change the world's travel behavior towards a more sustainable future.
Nigerian mobility fintech Moove raises £15m financing facility to scale UK operations
Moove announced it has raised £15 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August.
Amsterdam-based Fastned receives €75m investment from Schroders Capital accelerate future growth
Fastned, the European fast charging company, announced a €75 million private placement of 2,032,520 new depositary receipts representing the same number of new ordinary shares in the capital of the Company with Schroders Capital.
Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.
German mobility startup Wunder Mobility receives €12 million to advance shared mobility globally
The investment positions Wunder Mobility as the highest funded provider of software and hardware solutions for vehicle sharing operators with fleets of e-bikes, e-scooters, e-mopeds, and cars.
Copenhagen-based Monta lands €30m additional financing to accelerate the buildout of EV charging infrastructure
Monta, the Copenhagen-based all-in-one EV charging management platform, announced it has secured an additional €30 million as part of a Series A+ round led by Energize Ventures.
Dutch solar-powered car startup Lightyear secures €81m additional capital investment
Lightyear, a Dutch high-tech startup developing the world’s first solar car, announced a total investment of €81 million, which includes capital from the public consortium consisting of Invest-NL.
Nigerian mobility fintech Moove joins forces with Uber UK to bring electric vehicles to London
Nigerian fintech moblity startup Moove has announced its launch in London as part of its global expansion through a new partnership with Uber.
Belgian startup Magnax raises €20m for axial flux “pancake” electric motors
Belgium-based Magnax, technology leader in axial flux electric motors, has closed a €20 million funding round and adds two new investors; BIG Capital, who led the round, and SFPIM.
ZEBOX America selects new batch of startups to reimagine global logistics and mobility
International startup incubator and accelerator ZEBOX America announced a new cohort of 9 startups, marking a key milestone as the tech hub works to reimagine and revitalize the North American supply chain, logistics, mobility and Industry 4.0 sectors.
Savannah Logistics Innovation Center, Plug and Play announce first cohort of their accelerator program
The Savannah Logistics Innovation Center (SLIC) and Plug and Play announced the first cohort of selected startup companies chosen for their accelerator program.
Nigerian last-mile delivery startup Kwik launches in Ibadan
Nigerian last-mile delivery startup Kwik Delivery announced it has officially launched its innovative and just-in-time delivery solutions to merchants, entrepreneurs, businesses, government agencies and social vendors in Ibadan.
Israeli AI mobility Nexar acquires Portuguese startup Veniam to open unlimited possibilities for data-rich mobility applications
Nexar, an AI mobility company, announced it has entered into an agreement to acquire Veniam, the provider of intelligent networking for the internet of moving things.
Autonomous robotics delivery startup Ottonomy closes $3.3m seed financing round
Ottonomy.IO, the autonomous robotics delivery startup, announced the close of its seed funding round of $3.3 million bringing its total funding to date to $4.9 million, supporting the scale of Ottobots for fully autonomous airport, retail and restaurant deliveries.
Taiwanese Startup Mindtronic AI opens way to the future of mobility with Meta-Service ecosystem
Mindtronic AI, a Taiwan-based startup, unveiled the world's first Meta-Service, a biometric sensing technology that provides instant access to any visible object in the real world.
Yamaha partners with Nigerian startup MAX for vehicle financing and maintenance
Moto Business Service Nigeria (MBSN), a subsidiary of Japan’s Yamaha Motor Corporation, announced a strategic partnership with Metro Africa Xpress (MAX), to finance and maintain over 50,000 vehicles over the next 2 years.
Japanese open-source autonomous driving startup TIER IV launches $300m green autonomous driving project
TIER IV, an open-source autonomous driving startup, announced it has received a grant from the Green Innovation Fund Projects (GI Fund) for research and development of autonomous driving software platforms.
Lithuanian startup Elinta Charge raises €7m to accelerate EV charging solutions
AVIA Capital and LitCapital have invested €7 million in Elinta Charge, a Lithuanian developer and manufacturer of electric vehicle (EV) charging solutions, to support R&D, development of new products and further international expansion in the fast-growing e-mobility market.
BII invests $20m in African mobility fintech Moove to strengthen the informal transport industry
The British International Investment (BII), the UK government’s Development Finance Institution (DFI), announced a $20 million, 4-year structured credit investment in Moove, a mobility fintech democratising access to vehicle ownership in Africa.
Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.
Utrecht-based same day and next day delivery startup Trunkrs raises €15 million in growth capital
Trunkrs, specialist in same day & next day delivery for the e-Commerce sector, has successfully raised €15 million in a series B investment round. The financing round was led by Korys, the Belgian investment company of the Colruyt family.
CE-Creates merges with hatch & boost in MENA's first venture-builder merger for startups
CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of its portfolio of startups with hatch & boost, an Abu Dhabi-based venture-builder dedicated to ‘hatching’ startup ideas.
e-Commerce startup byrd raises $56m Series C to become Europe-wide standard for next-day delivery
e-Commerce fulfillment technology startup byrd has raised a Series C round of $56 million, bringing the funding raised within the last 10 months to $75 million.
Insurtech startup ETAP secures $1.5m pre-seed funding to drive car insurance penetration in Africa
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.
Kenyan electric vehicle startup Opibus rebrands to ROAM
Kenya’s leading electric vehicle (EV) maker Opibus has changed its name to ROAM. The company was among the earliest entrants into the local electric vehicle manufacturing sector.
Plug and Play launches $25.5m Supply Chain Fund
The Plug and Play's Supply Chain Innovation Platform announced the closing of Plug and Play Supply Chain Fund I, L.P., a $25.5 million venture capital fund focusing on investments across the end-to-end supply chain.
Bridgestone Mobility Solutions joins Startup Autobahn as ‘anchor partner’
Bridgestone Mobility Solutions, Bridgestone EMIA’s business unit focused on developing and launching data-driven fleet, tyre and mobility solutions, has become an “anchor partner” of Startup Autobahn, a mobility-focused innovation network.
Europe's TIER Mobility acquires US-based Fantasmo to expand its accurate e-scooter parking system
TIER Mobility, Europe's shared micro-mobility provider, announced it has acquired Us-based Fantasmo, to further expand its most accurate e-scooter parking system and introduce a computer vision-powered rider assistance system.
Nigerian B2B startup Kwik closes $2m Series A round to digitize informal African trade
French-Nigerian B2B startup Kwik, a fast-growing provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has announced that it successfully closed its $2 million Series A round.
Vehicle financing startup Moove partners with Swvl for EV buses across the MENAP region
Egypt’s on-demand bus-hailing company Swvl, announced a new partnership with African fintech mobility startup Moove to scale Moove’s revenue-based vehicle financing model across the MENAP region.
On-demand transport platform Bolt launches 2nd edition of its Women in Tech internship program in Kenya
On-demand transport platform Bolt announced it has rolled out the second edition of its Women in Tech internship program in Kenya.
Plug and Play Japan kicks off 3rd Smart Cities accelerator program in Osaka and Tokyo
Plug and Play Japan has selected 25 startups from Japan and overseas for their accelerator program that promotes open innovation in Smart Cities theme. From the Batch 3 program, it will expand and operate at two locations, Tokyo and Osaka.
Nigerian mobility fintech startup Moove raises $105m series A2 round to scale growth
Mobility fintech, Moove, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt.
15 startups selected for Google for Startups Accelerator Africa Class 7
Google has announced the 15 African startups that have been selected for its Startups Accelerator Africa Class 7 programme. The startups are developing solutions in areas such as healthcare, education, fleet management, logistics automation and recruiting.
EV startup BasiGo flags off first electric buses in Kenya
Nairobi headquartered e-mobility startup BasiGo flagged off the first electric buses in the country for passenger use.
German logistics tech startup Forto raises $250m to accelerate international expansion
German logistics tech startup Forto, the provider of digitized freight forwarding and supply chain solutions, announced it has raised $250 million in a pre-emptive Series D investment round led by Disruptive.
On-demand delivery platform Glovo launches pitch competition for early-stage tech startups in Kenya
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to SMEs.
Finnish EV charging startup eMabler partners with Fusebox to turn electric vehicles into profitable virtual power plants
Finnish electric vehicle (EV) charging startup eMabler and Fusebox, virtual power plant provider are collaborating to use electric vehicle charging to balance the energy grid.
German e-bike startup ADO debuts high-end urban commuter D30
Frunkfart-based startup ADO is debuting an high-end urban commuter e-bike D30 officially. At the same time, ADO will join hands with Insta360 to launch the co-branded ADO Insta360 GO 2 XE, to cross city and chase adventure.
London-based Bramble Energy closes £35m to fund its hydrogen fuel cell technology
London-based fuel cell company Bramble Energy has closed a £35 million investment round to help further expand its game changing capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks.
[African Startup Review] Pie Kamau: Capital funding for tech startups gain momentum in 2022
The startup ecosystem in Africa is taking shape. A lot of technological innovations especially in the areas of fintech, e-mobility, e-commerce, healthtech, foodtech and cleantech have seen accelerated growth towards Africa’s digital transformation and innovation.
Irish e-mobility startup Modmo raises €8.7m seed round to accelerate urban transportation
Irish e-mobility startup Modmo closed out 2021 with a €5 million investment from Ballymore Group CEO Sean Mulryan, in addition to €2.7 million raised in September and €1 million in March from several angel investors.
Pakistani logistics startup Truck It In raises $13m seed round to transform the road freight industry
Pakistan’s logistics tech startup Truck It In closed $13 million seed round jointly led by venture capital firms Global Founders Capital and Fatima Gobi Ventures.
Kenyan logistics startup Amitruck raises $4m seed funding to accelerate digital solutions across Africa
Kenya-based digital trucking logistics startup Amitruck has announced it has secured $4 milllion in a seed funding round that had the participation of investors from Africa, Asia, Europe, the Middle East, and the U.S.
African mobility fintech company Moove secures $10m financing to support expansion to West Africa
NBK Capital Partners Mezzanine Fund II has announced that it closed a $10 million financing facility with Uber's exclusive vehicle supply partner in Africa, the mobility fintech, Moove.
Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.
Indian mobility tech startup EVage raises $28m to enhance Commercial EV revolution
US-based venture capital firm RedBlue Capital has invested $28 million in EVage, the all-electric commercial vehicle OEM in India supplying EV trucks to major delivery fleets such as Amazon India's Delivery Service Partner.
Kenyan ride-hailing startup MARAMOJA opens its API to fintechs and insurtechs
Kenya's ride-hailing platform MARAMOJA Transport has opened its API to local fintechs and Insurtechs. Through a new partnership with Switchlink Africa, service providers will be able to connect with MARAMOJA's drivers and customers.
Ivorian e-Commerce startup Afrikrea raises $6.2m pre-Series A funding, rebrands to 'ANKA'
Afrikrea, an Ivorian e-Commerce startup has raised $6.2 million pre-Series A funding round led by Investisseurs & Partenaires. The startup has also rebranded to 'ANKA'.
Nigerian last-mile delivery startup Kwik reaches 100,000 customers, announces over 400% GMV and revenue growth for 2021
Nigeria's last-mile delivery startup Kwik Delivery, trading name of Africa Delivery Technologies SAS, announced its GMV and revenue for 2021 grew by over 400% year on year.
Tallinn-based Bolt raises €628m funding round to accelerate transition from owned cars to shared mobility
Tallinn-based Bolt announced the closing of €628 million round of funding, its largest funding to date. This funding round will help Bolt accelerate its mission to help cities transform urban areas.
Car subscription startup GO launches in four additional markets
Distinct from traditional auto lease and finance, GO’s model offers subscribers a simple and affordable alternative to car ownership.
Chinese autonomous driving startup Haomo.AI raises nearly RMB 1 Billion, reaches Unicorn status
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan (close to $150 million) in its Series A financing round, giving itself strong financial momentum to expand this new year.
Automobile startup Faction Technology announces funding from TDK Ventures
Faction is taking a unique approach to both driverless technology and lightweight vehicle systems that can dramatically impact how goods and people are moved
Next Century Ventures announces inaugural investment in U.S.-based Urban Air Mobility startup ANRA Technologies
Next Century Ventures (NCV), announced it has invested in ANRA Technologies, the forerunner of air traffic control and commercial solutions in the Urban Air Mobility (UAM) industry.
TDK Ventures invests in scalable driverless transportation startup Faction
TDK Corporation announced that subsidiary TDK Ventures, has invested in scalable driverless transportation startup company, Faction.
Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.
African mobility fintech Moove enters Kenyan market, broadens vehicle financing to bikes and trucks
Moove, an African mobility fintech, has launched operations in Nairobi, its first city in East Africa and sixth on the continent.
[Startup Interview] Roman Bysko, CEO, Meredot, Latvia
Meredot is a Latvia-based mobility infrastructure startup that develops electric fueling stations to charge an e-scooter wirelessly and help cities thrive by resolving mobility issues and maximizing the benefits of micro-mobility. The startup’s Co-founder and CEO elaborates.
Canadian bike-tech startup MyVeloFit secures seed funding to scale up its operations, expand service offering
Canadian bike-tech startup MyVeloFit secured seed funding with Shopify's former Chief Technology Officer Cody Fauser leading the investment.
Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
Kenya-based electric mobility startup Opibus secures $7.5 million funding
Opibus says it will use this new funding to scale its operations in electric motorcycle and bus manufacturing.
Nigerian Auto financing startup Autochek secures $13.1m seed funding to deepen West African footprint
Autochek, the Nigerian automotive startup which recently expanded to Kenya, has secured $13.1 million in seed funding.
Insurtech startup VOOM raises $15m to provide usage-based insurance to underserved mobility segments
VOOM, creators of innovative insurance products for underserved mobility segments, announced $15 million in funding to expand its usage-based insurance model to additional mobility verticals.
ShipHero opens accelerator program to support emerging e-Commerce startups
ShipHero, the shipping and logistics provider for over 5,000 e-commerce brands and 3PLs, announced a new accelerator program for e-Commerce startups looking to supercharge their businesses with best-in-class warehouse management software.
Perch Mobility startup raises seed funding to accelerate growth
Perch Mobility, the provider of portable charging pods that fuel the micromobility industry, announced the close of its successful seed round funding, which will enable the company to expand coverage into key strategic markets across the U.S.
Delivery startup Glovo expands its African footprints
Leading multi-category delivery platform Glovo recently announced the expansion of its operations in Africa, to include Ghana and Tunisia, bringing its current operations to a total of seven countries on the continent.
LG announces global startup competition to recruit new businesses for innovation center
LG Electronics (LG) announced the launch of Mission for the Future, a global challenge competition for startups to identify innovative technologies and business ideas that pave the way to the future.
Shuttle-hailing startup SWVL completes $35.5m pre-funding to accelerate growth strategy
SWVL, a Dubai-based provider of transformative mass transit and shared mobility solutions, announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription.
Nigerian mobility startup Plentywaka raises $1.2m seed funding, acquires Ghana’s Stabus
Nigerian mobility startup Plentywaka raised $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. The startup also announced it has fully acquired Ghana’s mobility startup Stabus.
Tel Aviv-based innovation hub Drive TLV to expand in the U.S. and Europe
Drive TLV, a unique innovation hub connecting high-tech Israeli startups with major corporate partners around the world, plans to begin working with U.S. and European startup companies next year.
Mobility fintech startup Moove raises $23m Series A funding to democratize vehicle ownership in Africa
Moove, an African mobility fintech startup, announced it has raised $23 million in Series A funding, led by Speedinvest and Left Lane Capital.
Full-stack delivery scale-up Merqueo raises $50m Series C to expand its grocery delivery service across Latin America
Merqueo, a full-stack delivery scale-up, landed a $50 million series C round led by IDC Ventures, Digital Bridge and IDB Invest. The company is the first and largest full-stack grocery delivery player in Latin America.
Mobility startup NeXt unveils iFLY, a planet-friendly personal air vehicle for the masses
NeXt, an advanced air mobility startup unveiled iFLY, an all-new, all-electric vertical takeoff and landing personal air vehicle created for safe, convenient and planet-friendly transportation.
South African delivery startup Picup introduces premium driver network for businesses
South Africa's crowdsource delivery tech startup Picup has introduced a premium service aimed at businesses that require drivers to represent their brand.
bp invests $7m in electric vehicle charging startup IoTecha
bp ventures has invested $7million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round.
Ivory Coast transport startup Moja Ride partners with O-CITY for its next phase of growth in mobility innovation
Moja Ride, an Ivorian startup providing a reservation and cashless payment system for transport services in Abidjan, has partnered with O-CITY for its next phase of digital innovation and future expansion.
Israeli mobility investment startup Bringg completes $100m Series E investment round
Ituran Location and Control announced its successful early-stage mobility technology holding, Bringg, completed Series E investment round of $100 million. Following the round, Ituran's undiluted holdings are 17.2%.
Speedaf express completes Round A+ financing to build China-Africa express brand
Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by Northern Light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A.
Africa's e-logistics startup Lori Systems appoints Uche Ogboi as new CEO
Lori Systems, Africa's e-logistics platform has announced the appointment of Uche Ogboi as its new Chief Executive Officer effective July 1 2021.
Plug and Play Japan selects 91 Startups for its Summer/Fall 2021 Batch
Global Innovation Platform, Plug and Play Japan has selected 91 Japanese and international startups into its Summer/Fall 2021 Batch, which will be carried out from June to September 2021.
Mobility startup Beep secures $20m Series A investment for expansion
Beep, a provider of multi-passenger, electric, autonomous mobility solutions, announced today that it has recently closed the company's Series-A round with Intel Capital and Blue Lagoon Capital.
Techstars joins Cleantech.org $100,000 GS Beyond Energy Innovation Challenge
Cleantech.org and Techstars announced that Techstars is joining the Cleantech.org GS Beyond Energy Innovation Challenge as an Accelerator Partner.
Venture builder Satgana launches first portfolio startup in Kenya, Mazi Mobility
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.
Plug and Play Canada selects 12 startups to participate in Toronto Supply Chain and Logistics Program
Plug and Play Canada announced the selection of 12 startups into the first batch of the Toronto Supply Chain & Logistics Program.
On-demand delivery management startup Cartwheel raises $1m seed round to accelerate growth
Cartwheel, an on-demand delivery management platform for restaurants and retailers, announced it has raised a $1 million seed round led by TenOneTen Ventures with participation from Act One Ventures and Portillo's Hot Dogs,
Danish startup MATE accelerates e-Bike expansion with new funding from Marcy Venture Partners
The Danish design startup MATE announced a new investment from Marcy Venture Partners to accelerate the future of smart transportation, with the global aim for the world to go greener via a new, smarter, more flexible, and flashy form of transportation.
Dutch impact investment firm Goodwell Investments launches €50 million fund to support African SMEs
Goodwell V will build a new portfolio of companies across various sectors in Africa: at least a third will be invested in financial inclusion, a quarter in agriculture, and the remainder in mobility and other impact sectors such as education and healthcare.
Logistics startup Logixboard raises $13m Series A funding to power the future of modern freight forwarding
Logixboard, the modern customer experience platform for freight forwarders, closed a $13 million investment led by Redpoint Ventures, with continued participation from Social Leverage, F-Prime Capital, Founders Co-op, Techstars Ventures, and others.
Plug and Play Korea launches in Seoul
Global innovation platform, Plug and Play, announced the launch of its new office in Seoul, Korea, to primarily focus on corporate innovation in the areas of Financial Services and Smart Cities and expects to expand to other industries in the future.
Kenyan e-mobility startup Ecobodaa secures funding from Persistent Energy Capital
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.
Nigerian last-mile delivery startup Kwik Delivery releases Prestashop plugin
After the release of its plugins for Shopify and Magento, Kwik Delivery has released its plugin for Prestashop.
Kenyan logistics startup Amitruck and Sky.Garden announce last mile goods pick-up and deliveries partnership
Logistics platform Amitruck and e-Commerce platform Sky.Garden have partnered to form an end-to-end digital chain for goods pick-up and deliveries to the last mile.
Kigali-based electric mobility startup Ampersand raises $3.5m from EIF
Kigali based electric motorcycle startup Ampersand has raised $3.5 million in funding from the Ecosystem Integrity Fund (EIF) to rapidly scale its electric motorcycle and swap station network in Rwanda.
QBE seeks entrepreneurs and start-ups to create more resilient cities
QBE North America has partnered with non-profit organization Leading Cities to launch the QBE AcceliCITY Urban Resilience Challenge for the third consecutive year.
Logistics technology startup Baton raises $10.5m Series A funding
Baton, a logistics technology platform developed out of 8VC's acclaimed Build program, announced its $10.5 million Series A funding, co-led by 8VC and Maersk Growth, the corporate venture arm of AP Moller-Maersk.
Chinese logistics startup Duckbill closes $50m funding
Duckbill, the world container trucking/drayage service platform featuring intelligent dispatching and transportation management, announced the closing of fund raising of $50 million which marks the biggest funding in the industry.
[Nigeria] Kwik Delivery closes $1.7 million financing round to fund expansion
Nigerian last-mile delivery startup Kwik Delivery has announced that it has closed its pre-Series A financing round. The company successfully raised $ 1.7 million in equity from institutional and high net worth investors.
Nigerian startup Kwik Delivery officially launches its just-in-time delivery service in Abuja
Nigerian startup Kwik Delivery announced it officially made available its breakthrough, just-in time delivery service to businesses, government agencies and merchants in Abuja.
API-powered startup Reservec Global to selI its intellectual property
Reservec Global, a software startup based in Florida, announced it intends to sell its proprietary intellectual property. The downturn in travel spending caused by COVID-19 had a profound impact on the company's ability to grow.
Nigerian startup Kwik Delivery expands its delivery service to 4-wheels vehicles
Kwik Delivery has announced today that it is expanding its app-based breakthrough delivery service to 4-wheels delivery vehicles.
Logistics tech startup ZUUM Transportation launches ZUUM BEYOND TMS for shippers
Logistics technology innovator ZUUM Transportation launched ZUUM BEYOND TMS with ZUUM Business and ZUUM Enterprise, expanding the modular product line of their Logistics Super Platform.
Kenyan logistics startup Amitruck secures pre-seed funding for expansion across East Africa
Kenyan trucking logistics marketplace startup Amitruck secured an undisclosed investment led by US-based Dynamo Ventures with participation from Plug and Play Ventures and a collection of strategic angel investors.
Sunnyside OffRoad startup launches extreme off-road capable, ultralight camping trailer
Startup Sunnyside OffRoad announced the launch of extreme off-road capable, ultralight camping trailer. After three years of incubation, the Boony Stomper has hatched Only 586 lbs, custom fabricated suspension, light enough for UTV towing.
Seattle-based traveltech startup Cabana rolls out new offerings, expands operations to California
Cabana, the Seattle-based traveltech startup reinventing how people travel through its fleet of luxe mobile hotels, is rolling out enhanced offerings to its customers in Seattle and soon to its newest market, Los Angeles.
Plug and Play partners with MESS to create a mobility & IoT innovation hub in Istanbul, Turkey
Global innovation platform for startups and corporations from Silicon Valley, Plug and Play, is partnering with Turkish Employers' Association of Metal Industries MESS, in launching its newest location in Istanbul, Turkey.
Ntuple launches Korea railroad ticketing system in Google Maps
Ntuple, a South Korean tech startup that focuses on backend technology has announced that it launched the Korea railroad ticketing service ‘ga-G’ in Google maps.
[Startup Interview] Daniel Gatura, CEO, Ace Mobility, Kenya
Daniel Gatura is the CEO and founder of Ace Mobility, a Kenya-based startup that is focused on improving the public transport by addressing mobility challenges of the vulnerable with a focus on the differently abled, women and elderly. Daniel elaborates.
Mobility technology startup Ettifos unveils world's first SDR-based 5G NR V2X solution
Ettifos, a U.S.-based connected mobility technology startup, released the world's first software-based 5G NR V2X (Vehicle-to-Everything). Ettifos' technology eclipses that of Qualcomm, the world's largest communication chipset company, by about one year.
South Korean startup Autonomous a2z raises $1.9m for autonomous driving solution
Autonomous a2z, a member company of Born2Global Centre and Sejong Technopark, received a seed investment of $1.9 million from angel investments by individuals and partner corporations.
Nigerian mobility startup Plentywaka expands car-hailing service in Delta State
Nigerian mobility startup Plentywaka, announced the launch of a new car-hailing service, Wakacab in Asaba and Warri Delta State, borne out of the need to expand and improve on the limited transport links in southern Nigeria.
Kwik Delivery startup partners with Total on e-commerce fulfilment and delivery service in Nigeria
Nigerian e-commerce startup Kwik Delivery has partnered with Total Nigeria, to develop an e-commerce fulfilment and delivery service in Nigeria.
Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.
CNN partners with Hyundai to explore innovations in transport and mobility
CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai) have collaborated on a cross-platform campaign that explores how innovation will change the way we will live in the future.
Imperial partners with Kenyan logistic startup Lori Systems to expand e-logistics technology solutions across Africa
Imperial, an African and European-focused provider of integrated market access and logistics solutions, announced an investment in and partnership with Lori Systems to expand its cutting-edge e-logistics technology solutions across Africa.
Nestlé USA acquires food delivery startup Freshly
Nestlé announced it has acquired food delivery startup Freshly, fresh-prepared meal delivery services in the U.S. The deal values Freshly at $950 million, with potential earnouts up to $550 million contingent to the successful growth of the business.
Tech startup SKAEL receives $4.1m seed funding round to fuel next generation hyperautomation technology
SKAEL, San Francisco-based technology company offering automation platform for creating and deploying digital employees, has secured $4.1 million in a seed funding round.
SUMA Wealth launches transformative financial inclusion platform targeting Latino community
SUMA Wealth launched its platform to engage, educate and empower U.S.-born Millennial Latinos, a community vital to the U.S. economy, in their fight for financial inclusion.
Curve Health raises $6m seed round, hires healthcare technology CEO, Rob MacNaughton
Curve Health, a company that delivers connected senior care via a platform that combines telemedicine, smart billing, health information exchange, and predictive analytics, announced a $6 million seed round
Fintech startup PAYMYNT Financial announces patent-pending Universal Payment Rewards System
PAYMYNT Financial, a Greater Boston-based financial technology company, filed a patent application for its novel Universal Rewards System.
Swedfund invests in femtech e-commerce startup Kasha Global to support women’s health in East Africa
Swedfund, the Swedish Development finance institution, announced its investment in Kasha Global, a Femtech e-commerce platform with subsidiaries in Rwanda and Kenya, to support women’s health and self-care.
Motion tech startup DeepMotion makes motion capture accessible with launch of Animate 3D
As part of its drive to revolutionize Motion Intelligence, DeepMotion has officially launched their 3D animation cloud service Animate 3D.
SeaAhead, New England Aquarium announce BlueSwell incubator's first cohort of selected startups
SeaAhead, Inc. and the New England Aquarium have selected the first cohort of six startups for the BlueSwell Incubator Program, New England's first dedicated, early-stage bluetech incubator.
Digital Mortgage startup Tomo raises $40m to streamline home buying
Tomo Networks, a fintech startup that will improve the homebuying experience, initially as a digital mortgage and transaction company, announced it has raised a seed round of $40 million led by Ribbit Capital, NFX and Zigg Capital.
BrokerTech Ventures accelerator opens for 2021 cohort applications
BrokerTech Ventures, first broker-led convening platform and accelerator focused on delivering innovation to the insurance broker industry, has opened the application window for its 2021 BrokerTech Ventures Accelerator program.
Tech startup KēlaHealth raises $12.9m to deliver AI-powered, clinician-centered solutions to improve surgical care
KēlaHealth, announced the closing of a $2.9 million Seed financing and milestone-based $10 million Series A financing led by Santé Ventures and Intuitive Ventures.
Fintech startup Lightyear raises $3.7m to simplify how enterprises buy network infrastructure
Financial technology startup Lightyear announced the launch of its software platform for businesses to buy and manage their telecom and IT infrastructure online.
kathy ireland Worldwide expands health advocacy through partnership with tech startup mymedicalimages.com
Medical imaging technology startup mymedicalimages.com has partnered with kathy ireland Worldwide (kiWW) for a new, cutting-edge patient-centric medical image sharing platform.
Luxury e-commerce startup ShopWorn enters Asia with Hong Kong satellite
ShopWorn, e-commerce destination for well-priced, guaranteed authentic luxury brands opened a Hong Kong satellite location to directly service APAC countries, with an initial focus on the Greater China area.
PVH Corp backed startup HATCH signs HAVAIANAS as first customer to license its Digital Showroom software
Innovative startup HATCH, backed by PVH Corp., owner of a portfolio of iconic brands including TOMMY HILFIGER and Calvin Klein, has signed the globally renowned flip flop brand HAVAIANAS as its first customer to license its Digital Showroom software.
Tel Aviv-based startup Deci raises $9.1m to craft next generation of AI
Deci, deep learning company dedicated to transforming the AI lifecycle has raised $9.1 million in a seed round led by Israel-based VC firm Emerge and global VC fund Square Peg.
AI startup Skan secures $14m to expand AI-driven process discovery for enterprise digital transformation
Skan, AI-enabled process discovery and operational intelligence company, announced the close of a $14 million Series A funding round to strengthen its product platform and scale operations.
Security startup StackHawk raises $10m Series A funding to put application security in the hands of developers
Application security startup StackHawk has raised a $10 million in Series A funding, pre-emptive, oversubscribed round led by Sapphire Ventures.
Influential global Marcomm network to partner with Mediaspace.global
International Advertising Association is partnering up with its youngest member, Mediaspace.global, the brand-new professional social platform for media, marketing, tech, innovation and regulation.
[Startup Interview] Kinga Incze, Founder & CEO, Mediaspace.global, UK
Startup Weekly talks with Kinga Incze, founder of Mediaspace.global, a new, independent social platform for media, marketing, tech, law, innovation and regulation company based in London, UK.
Insurtech startup Next Insurance and Intuit QuickBooks integrate to provide seamless coverage for small businesses
Next Insurance, digital insurtech company transforming small business insurance and Intuit have teamed up to simplify the insurance purchasing process for millions of small businesses.
U.S. startup accelerator FalconX and Perot Jain join forces to foster global innovation and entrepreneurship
FalconX Inc., a Silicon Valley-based B2B startup accelerator, and Perot Jain, L.P., a Dallas-based early stage venture capital firm announced a strategic partnership to foster global innovation and entrepreneurship.
Resurface Labs secures seed financing to fuel the democratization of user-centric API monitoring
Resurface Labs, provider of user-centric API monitoring software to help organizations fix application issues faster, improve customer experience, and drive revenue recovery, closed its $2 million seed round.
Mexican startup Akiba selected one of 50 most inclusive fintech companies worldwide
Mexican fintech startup Akiba was selected as one of the 50 best startups worldwide among 403 Startups from 111 countries, after a competitive selection and verification process by an independent panel of 35 experts.
Dutch tech startup Avy completes successful test flight with first solar fixed-wing drone
Dutch solar drone manufacturer Avy announced a successful test flight of its first solar fixed-wing drone, equipped with custom solar foil developed by Wattlab to reflect and absorb more sunlight.
Dutch fintech startup Silverflow raises €3m to launch its card payments processing technology in 2021
Global payment technology company Silverflow announced a €2.6 million seed funding round, led by UK-based seed-stage investor Crane Venture Partners with participation from INKEF Capital and notable angel investors and industry leaders
Madison-based AI startup DataChat closes $4m seed round to accelerate democratization of data analytics
DataChat, a University of Wisconsin-Madison spinout with a sophisticated yet intuitive data analytics platform announced the closing of a $4 million seed funding round led by Silicon Valley venture capital firms WRVI Capital and Nepenthe Capital.
Plug and Play partners with Evergy to foster new relationships, innovation in Topeka
Global innovation platform Plug and Play announced that Evergy will be a founding partner for its Topeka location, which is centered around animal health and agriculture technology
U.S. tech startup Ware raises $2.5m to advance warehouse innovation, drone technology
Ware, a technology startup deploying autonomous drones for warehouse inventory counting closed $2.5 million in seed-round funding, led by UP Partners.
Nufarm, German agritech startup CROP.ZONE partner for alternative weed control across European markets
Australian crop protection and specialty seed company Nufarm and the German agritech startup CROP.ZONE have partnered to launch Nufarm's and CROP.ZONE's hybrid herbicide solutions across major European markets.
New York healthtech startup Ezra receives FDA clearance for prostate cancer AI
Ezra, healthtech startup transforming early cancer screening using MRI, announced it has received FDA 510(k) premarket authorization for its Artificial Intelligence, designed to decrease the cost of MRI-based cancer screening.
Halcyon, AWS launch program to advance early-stage women-founded social enterprise tech startups in Bahrain
Halcyon announced the launch of an intensive incubator program for early-stage women-founded social enterprise tech startups based in Bahrain, in collaboration with Amazon Web Services (AWS).
Digital payments startup Wirex launches waitlist for multicurrency Mastercard debit card
London-based digital payments startup Wirex has launched the waitlist for a new multicurrency Mastercard debit card, just days after its record-breaking crowdfunding campaign came to a close, raising £3.7 million in 2 weeks.
[Startup Interview] Jeremy Mah, CEO, NeuXP, Malaysia
NeuXP is an integrated digital banking startup based in Malaysia that is positioning itself as the amazon of banking by providing a complete ecosystem with innovative services and leading-edge financial management tools.
[Startup Interview] Founders, pozi.io, Hungary
POZI is a Hungary-based marketplace that assesses and connects members of the startup ecosystem by offering structure to the messy processes of finding an idea, building a team, or launching a new product.
Washington-based startup Fabric launches headless commerce platform with $9.5m seed funding to grow D2C, B2B brands
Fabric, headless commerce platform purpose-built for growth launched its cloud-native experience and commerce product suite and announced $9.5 million in seed funding led by Redpoint Ventures, with participation from Sierra Ventures and Expa.
Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.
AI startup EarthDefine announces expansion of its building footprint deocoding and on-demand property information
EarthDefine, a provider of high-resolution spatial data announced the release of an updated building footprint database, which contains over 156 million footprints of commercial and residential structures across the continental United States.
Australian retail tech startup Tiliter raises $7.5m for cashierless AI shopping technology
Tiliter, artificial intelligence (AI) provider whose technology uses computer vision to recognise products without barcodes compled a $7.5 million capital raise led by Investec Emerging Companies (IEC).
AI healthtech startup Savana secures Series B funding to expand in America
Savana, healthtech startup accelerating health science with big data, announced the successful completion of its $15 million B Series led by Cathay Innovation.
Plug and Play Cleveland announces Fall health accelerator startups
Plug and Play Cleveland announced the selection of 10 new startups into the fall 2020 batch.
South Korean AI startup MoneyBrain partners with Rainus to put an AI human in Electronic Shelf Labels
South Korean, Seoul-based Artificial Intelligence (AI) startup MoneyBrain announced it is supplying an AI video synthesizing solution to Rainus, Electronic Shelf Labels (ESL) company.
Indonesian blockchain startup Tokoin introduces DeFi Program for investors and MSMEs enterprises
Tokoin, an Indonesian startup using blockchain technology to reduce the barriers that small and medium scale enterprises face while trying to access credit, has introduced BISS DeFi Program to benefit both investors and partner enterprises.
Female-owned startup Canela Media closes $3m seed round to support expansion of Canela.TV
Canela Media, Latina-owned digital media company announced it has closed a $3 million Seed round, bringing total funding this year to $5 million.
Galileo partners with fintech startup Save to process $7b in transactions and funds
Save and Galileo announced a partnership agreement to use Galileo's powerful and customizable API-based payments processing platform to process transactions and funding.
Tech startup PulsePoint launches health incubator to support development of novel datasets and health intelligence
PulsePoint, a technology company using real-time data to accelerate health marketing announced the launch of PulsePoint Data Lab, a collaborative incubator program designed to support early stage health data startups.
Early stage tech startups investor True Ventures closes two new funds totaling $840m
True Ventures, a Silicon Valley-based venture capital firm that invests in early stage technology startups announced the closing of its seventh early stage fund in the amount of $465 million, along with its fourth Select Fund in the amount of $375 million.
U.S. therapy startup Coa raises $3m to launch world's first gym for mental health
Coa, an online emotional fitness studio for live classes and one-on-one therapy, announced a $3 million seed round led by Crosslink Ventures with RedSea Ventures and Alpaca VC.
Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.
Tel Aviv based startup Dataloop raises $16m to launch its advanced platform for AI annotation and management
Dataloop, a platform for AI data management and annotation announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Amiti Ventures.
Austin hardware startup Xebec reaches over $2m in sales five months following launch
Austin-based hardware startup Xebec announced it has reached a milestone of $2.2 million in sales in its first five months, selling out of 5,500 units of the flagship product, the Xebec Tri-Screen.
Seattle biotech startup Genemod raises $1.7m in oversubscribed seed round to drive next generation medicine
Genemod, a software solution for life scientists that uses data automation to streamline and accelerate research announced a $1.7 million seed funding round led by Defy.vc.
Norwegian Katapult Ocean invests in cleantech startup ecoSPEARS for access to clean water, food, and air
Norwegian Group Katapult Ocean has invested in ecoSPEARS, a cleantech startup that uses patented NASA environmental technologies to clean toxins from sediments, soil and groundwater, to enhance access to clean water, clean food, and clean air.
[Startup Interview] Nitin Shingote,Nilesh Shingote, Founders, PropCheckup, India
PropCheckup is an Indian home inspection startup that has monitors over 100 property checkpoints and provides a detailed home inspection report which snags hidden issues like seepage, electrical faults, water leakage, wall dampening, carpet areas shortage and plumbing issues.
Greenwood closes $3m seed round to build online banking solution for Blacks and Latinx
Greenwood has secured $3 million in seed funding from private investors as the first digital banking platform for Black and Latinx people and business owners.
[Startup Interview] Muhammed Haleel, Founder, Expatriates.io, India
Indian-based startup Expatriates.io sells premium job posting and resume features to employers and companies. Its website has established a footprint in 249 countries. Muhammed Haleel the company’s founder explains the business model.
Point Pickup raises $30m to meet growing demand for enterprise e-Commerce final-mile delivery
Point Pickup Technologies, the company that has successfully reinvented the final-mile delivery model for many of the US's top e-Commerce enterprises, has raised $30 million from BBH Capital Partners.
Global Startup Awards expands across Africa
The Global Startup Awards (GSA), largest independent startup ecosystem awards platform with a mission to find, recognise and connect the future shapers of the digital age from all around the world, will now be expanding across Africa.
Founders Factory arrives in Brazil in collaboration with Qintess
Qintess, Brazilian IT and digital transformation group, recognized as one of 100 most innovative companies in Brazil in 2020, announced a 12-month collaboration with Founders Factory, a leading global venture builder and investor.
CNBC disruptor and healthcare startup Heal selects 5WPR as agency of record
5W Public Relations, one of 15 independently-owned PR firms in the U.S., announced it has been named PR Agency of Record for Heal, a healthtech startup that offers doctor house calls and telemedicine appointments.
Texas-based startup Viva First launching new mobile bank for Latinos in the U.S.
Texas-based startup, Viva First, is launching a new mobile bank with the Latino community in mind, all 52 million in the United States.
German tech startup CloudRadar launches new data center in Johannesburg, South Africa
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.
German environmental IoT startup Dryad raises €1.8m for ultra-early wildfire detection system
Environmental IoT startup Dryad Networks has secured seed funding of €1.8 million to develop a large-scale IoT network for the ultra-early detection of wildfires - the Internet of Trees.
U.S. fintech startup DoubleChec appoints Bill Amelio as Co-CEO and Executive Chairman
DoubleCheck, financial technology startup, announced the appointment of Bill Amelio as Co-Chief Executive Officer and Executive Chairman.
Subscription Management startup Chargebee secures $55m to capture global shift to subscriptions
Chargebee, the subscription billing and revenue operations platform powering thousands of fast-growth subscription businesses announced a $55 million Series F funding round led by Insight Partners.
Rabobank unveils 45 food & agriculture startups selected for FoodBytes! Pitch 2020
Rabobank unveiled the 45 startups selected to participate in FoodBytes! Pitch 2020, its global food and ag startup discovery program that helps entrepreneurs scale their impact through mentorship and connections to corporate leaders and investors.
Swiss healthtech startup Mobile Health AG selects Infosys for its commercial launch of Consilium Care
Infosys, next-generation digital services and consulting company has been selected by Mobile Health AG to enhance the go-to-market (GTM) strategy for its electronically patient-reported outcomes (ePRO) platform, Consilium Care™.
Edge computing startup Macrometa closes $7m Seed financing round to accelerate product rollout and sales
Macrometa Corporation, first-of-its-kind edge computing company enabling web and cloud native developers to build and run applications across a network of global clouds and data centers, announced the close of a $7 million Seed financing.
SaaS based AI for cardiac imaging startup Dyad Medical fundraising exceeds $3.5m
Dyad Medical, a groundbreaking medical image analysis platform delivering cloud-based artificial intelligence (AI)-based analysis, announced after just 90 days, the closing of its oversubscribed Series Seed funding round.
Accenture joins Plug and Play's Startup Creasphere program
Startup Creasphere, one of Plug and Play's global offices focused on Health in Munich, announced its new partnership with Accenture.
U.S. blockchain-powered startup Braintrust raises $18m in strategic growth funding
Braintrust, a global network of highly-skilled technical and design talent, announced a $18 million Strategic Growth Round, just three months after emerging from stealth in June.
Canadian tech startup S-Factor launches final seed fundraising round
S-Factor, a private technology firm providing the most comprehensive set of social impact data currently available on the market, announced the launch of its final seed fundraising round via a private equity placement.
Polish cleantech startup Airly raises $2m for global air quality platform
Polish cleantech startup Airly announced a $2 million pre-seed round to scale its AI-powered air quality platform globally, led by Giant Ventures, the multi-stage fund backing purpose-driven technology companies.
New Ventures Funds rebrands as Scientia Ventures
New Ventures Funds launched a new corporate brand identity and changed its name to Scientia Ventures.
U.S. cloud-based solution startup Axis Security raises $32m to meet enterprise demand for 'Work from Anywhere'
Axis Security, leader in Zero Trust Access announced $32 million in Series B funding led by Canaan Partners, with participation from existing investors Ten Eleven Ventures and Cyberstarts.
Enel expands into Canadian innovation ecosystem partnership with MaRS
Enel, a multinational power company and integrated player in the global power, gas and renewables markets. announced it has expanded its energy innovation reach into Canada through a partnership with MaRS Discovery District.
Eyewear startup Vontélle launches into luxury eyewear space
Startup eyewear manufacturer Vontélle, LLC is launching a unique brand into the luxury eyewear space, offering awe-striking, ethnic patterns reflecting African, Caribbean, and Latin cultures.
Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in Africa
Metro Africa Xpress, a mobility platform in Nigeria and West Africa, announced the successful issuance of a ₦400m 1-year fixed-rate notes under its newly structured ₦10bn/$22m Private Company Bond program.
Neuron Mobility secures $12 million funding to expand to Australia, UK and New Zealand
Singapore e-scooter startup Neuron Mobility has announced its latest round of funding of $12 million, led by top Australian venture capital firm, Square Peg, along with global venture capital firm GSR Ventures.
Plug and Play selects 147 startups for its winter 2020 batches
Plug and Play announced the selection of 147 new startups into its winter 2020 batches. The startups were selected to join one of the following programs that will run through November 2020.
Australia startup Bolt Bikes rebrands to Zoomo, announces expansion to USA
Bolt Bikes Bolt Bikes, the mobility startup, has completed a Series A capital raise of $11 million to invest in expanding its operations in the United States and move into new categories globally.
Swedish startup Voi steps up its safety game with next generation scooter
Swedish startup Voi unveiled its safest ever scooter model - Voiager 4 - the world’s first sharing scooter with indicators, allowing riders to alert other road users.
Zipp Mobility gets green light for UK e-scooter trials
Zipp Mobility, the Irish micromobility startup, announced the UK Department for Transport (DfT) has approved the company’s e-scooter model for use in trials across the UK.
Sweden e-scooter startup Voi Technology wins first large-scale exclusive trial deal in UK
Swedish-founded micro-mobility startup Voi Technology is getting ready to put its first fleet of e-scooters on UK streets.
AI-powered freight dispatch startup SmartHop raises $4.5 Million to fund expansion
SmartHop, a Florida tech-enabled dispatch solution empowering small trucking companies to grow their businesses, has announced that it has closed a $4.5 Million Seed round
Nigerian mobility startup Plentywaka raises $300,000 investment as it expands into Abuja
Nigerian mobility startup Plentywaka secured a pre-seed investment led by Emfato, Microtraction, and Niche Capital worth $300,000.
Seattle based startup Minnow raises $2.2 million to meet demand for contact free pickup solution
Minnow Technologies, a Seattle based IoT startup that has developed a contact free food delivery and pickup solution has raised $2.2 million in an oversubscribed seed round.
OneRail announces acceptance into Microsoft for Startups Programme
OneRail, an Orlando-based final mile delivery orchestration and fulfillment platform, hass announced its acceptance into the Microsoft for Startups immersive programme.
Pan-European micro-mobility startup Voi achieves profitability in June, secures $30m funding
Voi Technology, the pan-European micro-mobility leader announced it has reached its first-ever monthly profit at group level for the month of June, less than two years since it launched the e-scooter service which now operates across 40 cities.
U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.
E-mobility startup Bolt launches electric bikes in Paris
E-mobility startup Bolt has announced the introduction of four and two-wheeled vehicles for Parisian urban commuters, who will now have the opportunity to get from A to B on a Bolt electric bike.
TIER Mobility gears up for UK launch, hires two industry top figures
TIER Mobility, a European provider of micro-mobility solutions has hired two senior figures in the ride-sharing and e-mobility sector as it gears up for its UK launch - Fred Jones as General Manager U.K., and Benjamin Bell as Head of Public Policy for Northern Europe.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here