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Micromobility startup Helbiz to go public via a SPAC, and will expand into ghost kitchens

TechCrunch

” The transaction includes $30 million PIPE anchored by institutional investors and approximately $80 million in net proceeds will be fed into Helbiz’s micromobility and advertising businesses, which have 2.7 The combined entity will be named Helbiz Inc. million users.

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Hyundai invests in teleoperations startup Ottopia as part of $9M round

TechCrunch

Ottopia’s software is combined with off-the-shelf hardware components like monitors and cameras to create a teleoperations center. “The motivation is really simple — it’s simple but it’s hard to do — and that’s to make affordable autonomous transportation closer to reality,” Rosenzweig said.

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Daily Crunch: Snap lays off one-fifth of its workforce after missing revenue and growth targets

TechCrunch

He mused that building an easy-to-copy hardware product in an incredibly tightly regulated industry where winner-takes-all would be an utter nightmare, but when it works, it works, and it’s fascinating to see Reviver build a company, one license plate at the time. ” Crafting a XaaS customer success strategy that drives growth.

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AI pioneer Raquel Urtasun launches self-driving technology startup with backing from Khosla, Uber and Aurora

TechCrunch

Some developers do use deep neural nets, a sophisticated form of artificial intelligence algorithms that allows a computer to learn by using a series of connected networks to identify patterns in data. Deep nets have their own set of problems. Finally, deep nets require an immense amount of data to learn.

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The air taxi market prepares to take flight

TechCrunch

Meanwhile, Joby’s net loss last year was $114.2 Mobility companies, including those working on electrified transport, are often pre-revenue and have capitally intensive business models — a combination that can make it difficult to find buyers in a traditional IPO. million and Archer’s was $24.8

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Exploring the many faces of sidewalk delivery robots with Cartken’s Anjali Jindal Naik

TechCrunch

The project, and its pilot at Mountain View Library, was short-lived for business and political reasons rather than hardware or tech reasons – the robot reportedly operated quite well. The following interview, part of an ongoing series with founders who are building transportation companies, has been edited for length and clarity.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

If Jeff Bezos walks into a bar with 100 people, suddenly, on average, the net worth of each individual in that bar is over a billion dollars. Brian Heater: Hardware startups should reconsider their media strategies. Is that useful? Would that lead you to take the right actions? No — averages hide true insights.”.