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TechCrunch+ roundup: eVTOL takes off, pivoting with agility, when to hire a lawyer

TechCrunch

” is a staple of Gen X humor, since it reaffirms the cynical viewpoint that technology frequently fails to deliver on its lofty promises. In reality, changing course is usually the smartest bet, because it allows founding teams to leverage new technology and adapt to changing market conditions. “Where’s my flying car?”

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Former SpaceX engineers bring autonomous, electric rail vehicle startup out of stealth

TechCrunch

million seed round, is working to create a more efficient, decarbonized freight network that flows on top of existing railway infrastructure. rail network accounts for 28% of all freight movement , but most of that is bulk movement activity — large trains that move primary resources like coal and lumber. million Series A raise.

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Convoy raises $260M Series E to expand digital freight network products

TechCrunch

Convoy, a digital freight network that connects shippers with carriers , has raised $260 million in fresh funding to scale up initiatives that will push the trucking tech industry into new ground. ” Having more brokers and truckers on the network can also lead to more stabilized trucking rates across the industry, says Lewis.

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Optibus taps $100M at a $1.3B valuation for its AI-based mass transit operations platform

TechCrunch

Mass transit has made a rebound with the return of city life post-Covid 19, and today a startup that’s building tech to help it run more smoothly is announcing a big round of funding to meet the rush. billion, which the Israeli startup says makes it the first “unicorn” in the public transportation tech space.

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Backbone nabs $14M for supply chain software inspired by mesh networks

TechCrunch

Vic Patil thinks the solution lies in a “mesh” — specifically what he calls a “supply mesh,” inspired by the way wireless mesh networks function. Backbone today announced that it raised $14 million in seed funding from Nautilus Ventures, 12/12 Ventures, and individual investors to prove out its technology.

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S3 Ventures, Tacora close on new funds to boost Austin startups

TechCrunch

In fact, the firm believes that Texas is going to be the second-largest tech ecosystem in the U.S. We’re constantly meeting entrepreneurs that are at the frontier of things because they’re running into technology issues that others don’t have,” Engineer added. Digging into the Alkami Technology IPO.

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Austin emerges as a city of unicorns and tech giants

TechCrunch

As Austin’s skyline expands, the city continues to solidify its standing as a tech hub. It’s a city of unicorns and tech giants. Austin is also home to secondary offices of many of the largest tech companies in the world, including Google, Apple, Oracle, Amazon, Facebook and SpaceX. And the numbers are there to back it up.