The Swiss startup has closed out its Series D at $116 million, which it will use to double down on working with companies operating in Asia and the U.S.
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While the transport industry does use legacy software, many of these platforms are from an earlier era. Qargo hopes its newer technologies can help it leapfrog the competition.
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Neural Concept lets designers model how components will perform before they can be manufactured.
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After multiple delays, Apple and the Paris area transportation authority rolled out support for Paris transit passes in Apple Wallet. It means that people can now use their iPhone or Apple Watch as a Navigo pass to ride the metro, train, tram or bus. This is important news for Île-de-France Mobilités (IDFM) — the transportation […]
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UK-based autonomous vehicle startup Wayve's CEO Alex Kendall talks about the company's $1.05B fundraise, licensing plans, and the self-driving market.
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Wayve, a UK-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed a $1.05 billion in Series C funding led by SoftBank Group. This is the UK’s largest AI fundraise ever and sits among the top 20 AI fundraises globally to date. Also participating in the raise was NVIDIA and existing […]
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Tesla is not having a good start to the week. In its defense, it didn’t have a very good end to last week, either. Today the news is that recent price cuts have irked Tesla investors, who sent its shares off around 4% in early trading today. Those losses have extended Tesla’s total share-price declines […]
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Tesla’s layoffs and executive departures took a bite out its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 staff or more. Two well-known executives also decided it was time to move on. In response to the news, shares of Tesla lost ground. The company’s […]
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BlaBlaCar is an iconic name in the French startup ecosystem. The carpooling and bus ticketing company has been around for so long that it’s hard to consider it a startup anymore. Still, BlaBlaCar is an extremely interesting company today due to its unique trajectory. What started as a scrappy online hitchhiking community became a startup […]
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In the summer after his freshman year at Worcester Polytechnic Institute, an engineering school in Worcester, Massachusetts, Cyvl.ai co-founder and CEO Daniel Pelaez needed a job. He went home and worked at his local public works department, where he noted that there was very little software for tracking road repairs. He was told to go […]
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Chances are you may have noticed that many commercial vehicles are now electric vehicles — think about delivery vans, telecom minivans, utility maintenance trucks, etc. But there are still many diesel-powered commercial vehicles because it’s simply too expensive and too complicated to switch to an all electric vehicle fleet overnight. That’s why Pelikan Mobility has been […]
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Cowboy is better known for its sleek electric bikes that you can see in many major cities across Europe. And if you look at the persons riding those Cowboy bikes, most of the time, you’ll see a young adult heading to an office with a laptop in a backpack. That’s why the company is launching […]
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