Advanced rider help systems: Tech generated by the politics of micromobility

Advanced rider help systems: Tech generated by the politics of micromobility

Operators like Spin, Voi, Zipp, Bird and Superpedestrian are investing in tech that can spot and remedy poor rider habits, sometimes going as far as stopping scooters if they’re on a sidewalk. Scooter ADAS is probably the most workable and affordable technique that cities can use to prevent undesirable rider habits.”Until cities have devoted infrastructure for whatever brand-new technique comes to play, you have to figure out a method to utilize innovation to make sure things do not blend badly,” stated Alex Nesic, co-founder and chief organization officer of Drover AI, a computer vision startup that provides camera-based scooter ADAS.

European e-scooter and micromobility start-up Dott raises $85 million

European e-scooter and micromobility start-up Dott raises $85 million

Dott has raised a brand-new $85 million Series B financing round– this round is a mix of equity and asset-backed debt financing. Belgium-based investment company Sofina is leading the financial investment. Dott is a micromobility startup that is better known for its colorful electric scooters that you can find throughout several European cities. The business […] During its early days, Dott positioned itself as a capital-efficient, sustainable e-scooter company. Dott likewise plans to expand to other cities and nations, starting with Spain and the U.K. As you can see, Dott does not desire to introduce a hundred cities at as soon as.

Micromobility start-up Helbiz to go public through a SPAC, and will broaden into ghost kitchen areas

Micromobility start-up Helbiz to go public through a SPAC, and will broaden into ghost kitchen areas

Micromobility start-up Helbiz, which now operates across Europe and the USA, is combining with a special purpose acquisition company (SPAC) to end up being an openly listed company, providing it a war chest to potentially roll-up smaller rivals in the area, in addition to the resources to expand into “cloud” or “ghost” cooking areas as part of a […] Helbiz means to combine with GreenVision Acquisition Corp. (Nasdaq: GRNV) in the second quarter of 2021. Key to Helbiz’s offering is an integrated geofencing platform that tends to appeal to city authorities who do not want scooters left in random places, as well as a swappable battery that makes it possible for simpler charging of the devices. …]…

Bolt unveils its fourth-generation scooter

Bolt unveils its fourth-generation scooter

Bolt is better known for its ride-hailing service. But the company likewise operates an electric scooter service in 45 cities throughout Europe. Developed by the company’s internal hardware team, the new design focuses on security. As you can see on the picture, it’s a big scooter that weighs 19kg– that’s more than an average […] Like a lot of modern e-scooter models, Bolt can switch the battery without having to move the whole scooter. A few weeks ago, Bolt unveiled plans to double-down on scooters. It plans to operate a scooter service in more than 100 cities in 2021. There could be as numerous as 130,000 electric scooters and electrical bikes in European cities. The company also runs an electric scooter service in 45 cities throughout Europe….

E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2

E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2

Berlin-based micro-mobility startup Tier has actually raised a considerable Series C round of $250 million. SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is still concentrated on high-risk, high-potential bets. As a tip, SoftBank has invested in lots of late-stage financing rounds through its Vision Fund group. Portfolio companies include […] Tier’s existing investors Mubadala Capital, Northzone, Goodwater Capital, White Star Capital, Novator and RTP Global are likewise getting involved in today’s financing round. While Tier isn’t a popular brand in the U.S., the company has actually been broadening rapidly across Europe. Like other e-scooter rentals start-ups, such as Lime, Bird and Dott, Tier lets you open a scooter using an app and lock it someplace else. Little shops can select to partner with Tier so that they can offer battery docks with four slots. …

Singapore’s micromobility startup Beam raises $26 million

Singapore’s micromobility startup Beam raises $26 million

Beam, a Singapore-headquartered micromobility firm that offers shared e-scooters, has raised $26 million in a new funding round as it wants to expand its footprint in Korea, Australia, Malaysia, New Zealand and Taiwan. Sequoia India and Hana Ventures led the two-and-a-half-year-old start-up’s Series A funding round, while a number of more investors from the Asia Pacific region […] Sequoia India and Hana Ventures led the two-and-a-half-year-old startup’s Series A financing round, while a number of more financiers from the Asia Pacific region got involved, consisting of RTP Global, AppWorks, Right Click, Cherubic and RedBadge Pacific, Beam said. Beam, which did not disclose how many customers it has generated, will use the fresh capital to grow its operational and engineering focus and grow deeper in its existing markets, it stated. The start-up’s fundraising comes at a time when many young firms in Asia, especially those operating in the transportation category, are struggling to raise capital. …

Uber leads $170M Lime financial investment, offloads Leap to Lime

Uber leads $170M Lime financial investment, offloads Leap to Lime

Lime has announced that it has actually raised a $170 million financing round. Uber is the leading financier with existing financiers Alphabet, Bain Capital Ventures, GV and others likewise taking part. The Details first reported on the brand-new funding round before the official announcement. As part of the deal, Lime is likewise getting Uber’s micromobility subsidiary Dive. […] There will be more integrations between Uber and Dive in the future, but both apps will remain active for now., Lime’s appraisal is down 79 %to$510 million with this round., Lime co-founder Toby Sun stepped down from the CEO function. …