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Bolt raises $182M to expand its on-demand transportation network in Europe and Africa

TechCrunch

In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and ( most recently ) on bikes across developed and emerging markets in EMEA is announcing a major round of funding. billion ($4.3 billion).

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Archer Aviation aims to launch network of urban air taxis in Los Angeles by 2024

TechCrunch

Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024.

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Student transportation startup Z?m to add 10,000 EVs to its platform

TechCrunch

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.

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Optibus picks up $107M for an AI-based planning and operations platform aimed at mass transportation

TechCrunch

Mass transportation is a critical part of how metropolitan areas keep moving, and today a startup that has built an AI-based platform to help mass transportation work more efficiently is announcing a huge round of funding to grow its business and tackle a new set of opportunities and challenges in the modern city. market overall.

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Swarm’s low-cost satellite data network is now available to commercial clients

TechCrunch

One of the original startups that set out to create a low-Earth orbit satellite constellation to provide a data network here on Earth is now open for business: Swarm , which now operates 81 of its sandwich-sized satellites on orbit, announced today that its network service is live and available to commercial customers.

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Onomondo secures cash to expand its wireless network for IoT devices

TechCrunch

Onomondo , a startup offering a dedicated wireless network for internet of things (IoT) devices, today announced that it raised $21 million in a funding round led by Verdane with participation from Maersk Growth, People Ventures, and The Danish Growth Fund. A network reserved for IoT devices isn’t a novel concept.

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Corporate sustainability initiatives may open doors for carbon offset startups

TechCrunch

Commitments to carbon neutrality keep coming from all corners of the business world — over the past few weeks, companies ranging from the fast-casual restaurant chain Sweetgreen to the security-focused networking IT company Palo Alto Networks to the online craft retailer Etsy committed to net-zero carbon emission plans.