Zeelo and Swvl announce the termination of acquisition deal: Know more
The planned merger between Swvl and Zeelo was mutually terminated due to turbulence in the financial markets.
Travel & Mobility Tech
Mobility tech and the transport economy — micromobility, electric vehicles, autonomous systems, and the urban infrastructure choices behind them.
946 articles · Travel & Mobility Tech
German electric carmaker Next.e.Go to go public via SPAC deal with Athena
Germany-based Next.e.GO Mobile SE, an urban electric vehicle manufacturer, and Athena Consumer Acquisition Corp.
Meet Zem: a car, developed by TU Eindhoven students, that cleans the air while driving
TU Eindhoven student team, TU/ecomotive, announced that they have developed an electric passenger car that cleans the air while…
French autonomous mobility player Navya raises €36M in convertible bonds from Negma Group: Know more
Navya specialises in the supply of autonomous mobility systems and associated services.
Dutch e-mobility chain WELECTRIC bags €500K from Amsterdam-based Bloomit Ventures
WELECTRIC, a first of its kind full-fledged e-mobility chain in the Netherlands, announced on Tuesday that it has secured €500K from…
Almere-based Cargors raises €750K to make Europe’s road freight market transparent
Cargors, a Dutch online platform that connects shippers with carriers, announced on Monday that it has secured €750K in a Seed round of funding.
Amsterdam’s MyWheels, Eindhoven-based Amber come together to boost shared mobility
Coming together of MyWheels and Amber means that technology and scale will ensure that people always and everywhere have immediate access to a shared car.
Madrid-based Cabify joins Toyota to bring hydrogen powered ride-hailing vehicles to Spain
Cabify, a Madrid-based ride-sharing company, announced on Thursday that it has partnered with Japanese automaker Toyota to present the first fleet of hydrogen powered VTC (ride-hailing) vehicles in Spain.
Rotterdam-based greentech firm GreenRoutes raises €450K to optimise route planning through AI
GreenRoutes, a Rotterdam-based greentech company, announced that it has raised €450K in a pre-Seed round of funding from the Graduate Entrepreneur Fund and others.
UK unicorn Cazoo to layoff 15% staff amid mounting recession fears and rising inflation
Cazoo, a London-based online used car marketplace, announced on Tuesday that it will layoff 15 per cent of its workforce as it plans to realign business to de-risk its path to profitability and extend its cash runway.
Amsterdam-based Rockstart invests in micro-mobility platform Lanterne: Know more here
Lanterne is a data science and geospatial analytics company that predicts demand for micromobility companies to help them to get more rides.
Croatia’s Rimac Group raises €500M from SoftBank, Goldman Sachs, others; now valued at €2B+
Rimac Group develops high-performance electrification, autonomous and software solutions for the world’s largest OEMs.