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This push toward corporate sustainability is creating all kinds of strange bedfellows and startup opportunities, with major corporate offset programs and the establishment of new startups focused on offsets creating channels for sustainable technologies to get to market. Which brings us back to Deloitte and Delta and startups.
Bolt , an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. billion, based on a 1.5x multiple on GMV of €3.5
It will be using the funds to continue expanding to new geographies and to bring more consumers and partners to its “super app”; and newer business lines, such as its 15-minute grocery delivery option Bolt Market, will be building out ‘dark stores’ in more cities to expand the service beyond the 10 where its active today.
m , a startup that provides optimized transportation services for school-age children, has announced the close of a $130 million Series D raise, bringing its total funding to more than $200 million. m was awarded a $150 million contract to modernize the San Francisco Unified School District (SFUSD) transportation service.
Decarbonising transportation through electrification is critical to helping companies and economies meet net-zero emissions targets. Fortunately, three forces are combining to make this vision for sustainabletransportation a reality: connectivity, digitalisation, and cross-sector collaboration. Learn more here.
At the same time, the importance of environmental, social, and governance (ESG) policies has become a boardroom topic, with sustainability concerns leading the way in many geographies. This presents a critical sustainability challenge. To find out about Intel’s commitment to a sustainable future, visit intel.com/sustainability.
Beam, which currently operates e-scooters and e-bikes in 35 cities across Malaysia, Thailand, South Korea, Australia and New Zealand, aims to spread into markets like Japan, Indonesia, the Philippines, Vietnam and Turkey. . Advanced rider assistance systems: Tech spawned by the politics of micromobility.
capital markets by storm led, in part, by startups focused on the electrification of mobility. Sustainability is at the core of everything we do, and we work hard to lower our emissions across the board. That’s just scratching the surface of the money that’s pouring in to autonomous, electrified transport.
This story is about three water utilities that worked together, like the fictional Fremen of the desert-planet Arakkis, to build a synergistic system to manage water usage across their entire water sector sustainably and much more efficiently. It promotes sustainable water usage practices and helps conserve precious resources.
At González Byass , plastic packaging has been used in a variety of ways from encasing corks to safely transporting bottles. The company decided to replace its legacy software with a comprehensive solution that would make operations and products more sustainable. It even benefits consumers who are concerned about sustainability.
MAX ) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding. It is another milestone in our journey to make mobility safe, affordable, accessible, and sustainable by deploying high-performance technologies and operators.
Its 15 active investments run the gamut from autonomous vehicles, to car insurance tech, to ride-sharing, and travel planning, but increasingly the firm is focusing its efforts on vehicle electrification and sustainable supply chains. “We have looked at a number of companies who are developing new battery chemistries.
Changing consumer behavior and expectations, competition from major e-retailers, evolving cybersecurity challenges, inflationary pressures, sustainability and environmental concerns, and the pressure to take advantage of AI are all very real concerns for retailers today. the world’s leading tech media, data, and marketing services company.
Electric vehicle startup BasiGo has today announced the launch of its operations in Nairobi, bringing clean energy options to Kenya’s public transport industry, currently dominated by fossil-fuel buses. . The company is planning to enter other markets within the East Africa region after establishing ground in Kenya.
She initially thought she’d focus on transportation, but her mind kept returning to consumer consumption habits and the potential to reduce CO2 emissions by targeting consumer behavior. The world will be a better place because of what Joro will bring to market.”. to pursue an MBA at Harvard Business School.
Rather than raising tons of money to expand as quickly as possible in the hope of achieving favorable unit economics, Veo has slowly focused on being sustainable, one city at a time. In June 2021, Veo was in 22 markets. Long term, who can weather all the crazy market turbulence?” ” Veo CEO Candice Xie.
Gogoro announced today that its Eeyo 1s is now available for sale in France, the smart electric bike’s first European market. While sale of e-bikes were already growing steadily before COVID-19, the pandemic has accelerated sales of e-bikes as people avoid public transportation and stay closer to home.
So far it has concentrated on the lucrative European market. The European logistics and freight sector has a market size of $427 billion. The whole digital freight forwarding market is booming. Sennder’s new investment will mean it can expand in European markets. It says it will move over 1 million truckloads this year.
Estonian on-demand transport firm Bolt is set to roll out electric taxi options in South Africa four months after introducing e-bike food delivery services in the country. This comes as the company expands its services to environmentally friendly modes of transport.
SmartRyde , a Japanese online pre-booked airport transfers service platform, is a marketplace that connects travelers to local transportation operators/online travel agencies (OTAs). Talixo , Holiday Taxis , Transferz ‘s Taxi2Airport and Huangbaoche are its global peers, with a market size valued at about $10 billion, Kimura said.
The rush to grow, outrun, and disrupt runs in the lifeblood of today’s entrepreneurs, driving their fervor and enabling them to capture markets from giants of industries too big to maneuver in a quickly changing landscape. Startups are the embodiment of frenetic action.
“We are thrilled to be partnering with Novastar, Moxxie and this incredible group of investors, all of whom are deeply experienced in rapidly scaling businesses in this market. The support and knowledge of this investor group will catalyze BasiGo in its mission to make East Africa a leader in inclusive, sustainable bus transport,” he said.
Jona Christians and Laurin Hahn, Sono Motors’ co-founders, weren’t that into cars, but they recognized how much transportation contributes to the burning of fossil fuels and thought that would be a good place to start. before the market closed. The company’s path to market is twofold.
Organizations are facing ever-increasing requirements for sustainability goals alongside environmental, social, and governance (ESG) practices. survey revealed that 87 percent of business leaders expect to increase their organization’s investment in sustainability over the next years. A Gartner, Inc.
Join Doug Davenport, the founder and executive director of ProspectSV, for a discussion about the needs of institutional customers and how to win in this unique market. Why you can’t build a new EV in corporate America: Gas-powered cars and motorcycles have been around for more than a hundred years.
representing the latest in a line of European market expansions. billion tonnes of goods that are transported by road freight in the U.K Einride’s planned transport network grid. Electric and autonomous trucking company Einride is expanding to the U.K., Einride said that it’s looking to target the 1.6 Its first U.K.
The Mountain View-based company is committed to improving transportation through the use of autonomous, lightweight, fixed-cable vehicles. The company says that its solution offers a lower cost per mile with fewer carbon emissions than conventional transportation alternatives.
As the market has expanded worldwide and become more sophisticated, so have the challenges facing farmers and their questions about how to move forward. And BIT is using SAP software as the seed to make those operations more efficient, sustainable, and productive. What’s the market demand for chickens?
And it’s not only engineers doing this, but everyone from finance and legal, to marketing and everywhere else.” On the surface and as it exists today, AI and sustainability take you in opposite directions,” says Srini Koushik, president of AI, technology and sustainability at Rackspace Technology. “AI They share them here.
The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire of populations to move to more sustainabletransportation. In 2021, players like Tier, Voi and Dott continued to raise VC backing.
But as housing gets less and less affordable — especially in ultra-expensive markets such as the Bay Area — companies are getting creative in their quest to build more affordable homes using technology. than transportation or industry,” he said. Construction and building account for more carbon emissions in the U.S.
Swile provides a payment card for employee benefits, such as meal vouchers, gift cards and sustainable mobility vouchers. Just four years after launch, Swile has captured a 13% market share on meal vouchers in France. Brazil is by far the biggest market when it comes to employee benefits. This is what’s great with unification.
It’s also a test for the company going public despite a market that’s been unfriendly toward combinations with special purpose acquisition companies, or SPACs, of late. . million raised by the SPAC was withdrawn — particularly as the SPAC hype gives way in the face of an underperforming market and tighter regulation.
Vertical hydroponic farming is often seen as a sustainable alternative to traditional growing. It uses 95% less water, has less impact on soil and the urban farms can be placed in food deserts or close to grocers to cut down on transportation costs. Overall, the global vertical farming market is expected to reach 5.8
Archer, a company that’s looking to develop an airline of electric vertical take-off and landing (eVTOL) aircraft for use in urban transport, will work with automaker Fiat Chrysler Automobiles (FCA) in a new partnership to benefit from the latter’s expertise in engineering, design, supply chain and materials science.
Lori Systems , an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors.
In 2025, the FII will focus on a variety of topics, including the impact of technology on global markets, the role of sustainability in tech investments, and the future of financial technologies.
Now is the right time: with increased cycling infrastructure, public discourse and political will across Europe to create more sustainable cities, we can help more people choose a more sustainable commute.”. Finally, Dance wants to address the B2B market with a new Dance for Business offering. Image Credits: Dance.
Via’s transit tech software helps public transportation agencies, municipalities and school districts optimize fixed bus routes, strategize placements of new bike lanes, plan paratransit and school bus services, and holistically incorporate private on-demand ridesharing services into a city’s entire transportation ecosystem.
million in a seed round in June 2020 and followed it with $10 million in debt from emerging markets-focused venture debt fund Lendable in December. It can be challenging to get a personal car in most emerging markets, especially if one’s income isn’t stable. But for Planet42, the next attractive market lies off the continent. .
meat market with a marketplace connecting local, regenerative farms in the 99 counties of Iowa to consumers purchasing boxes of beef, pork and poultry. 99 Counties coordinates all of the processing, transportation and marketing so that farmers can focus on raising livestock and consumers can order meat from local farms within a day’s drive.
The transport and logistics (TLS) companies operate in a decidedly complex market with numerous dynamic variables, including high investment, fluctuating oil prices, multimodal freight policies, large data, and human attributes. Mobility solutions streamline operations while offering substantial operational and cost advantages.
When people talk about hydrogen these days, they almost always mention transportation. But from a practical perspective, transportation is not a great use for hydrogen. Hydrogen is really terrible to store and to transport,” said Chad Mason, founder and CEO of Advanced Ionics.
We want it to be more of a ‘buy one, sell one’ behavior that gets items into that secondary market easier and faster when the items still have a more usable life,” he added. Sustainable e-commerce startup Olive now ships beauty products, in addition to apparel. He wanted to move the company in a direction to offer a new solution. “We
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