Scoop Secures $60 Million in Series C Funding to Drive Continued Growth
The round was led by Activate Capital, with new investors including NGP Capital, BNP Paribas, and Total Ventures.
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World of Connections 2019 kicks off in Shanghai
Discover how China is changing how the world innovates. NGP Capital and Hundun University are honored to invite you to attend the China Disruptive Innovation Summit in Shanghai on September 11th, 2019. Join us for an incredible discovery and networking opportunity!
Celect-ed by Nike!
NIKE has acquired Celect, a leading retail predictive analytics and demand sensing firm based in Boston. Celect is Nike’s latest acquisition, fueling its Consumer Direct Offense strategy, serving consumers personally at a global scale.
TechCrunch: Peloton’s new automated vehicle system gives one driver control of two trucks
The trucking world has been inundated in recent years by startups all aiming to solve the big three problems with freight: safety, fuel costs and driver shortages. For Peloton Technology, a Silicon Valley company that launched in 2011, the answer doesn’t strip out the human driver.
Forbes: NEXT Trucking's Path To A Lucrative Niche—And A $500 Million Valuation
Specializing in an overlooked trucking niche has helped NEXT get a fast start, and the company is just scratching the surface of a lucrative national market worth $60 billion.
Forbes: Ida Tin Is Leading The Charge In Femtech, A $50B Industry
Ida Tin is credited with coining the term femtech, that is technology which addresses women's biological needs. It's expected to be worth $50 billion by 2025.
TechCrunch: SoftBank-backed Getaround acquires Norwegian car rental startup for $12M
Fueled by its $300 million Series D round led by Softbank last August, Getaround is making its second-ever acquisition this year with a $12 million purchase of Norwegian car rental startup Nabobil. This acquisition brings Getaround into seven European countries.
Livemint: Volkswagen ties-up with Zoomcar for shared mobility
German auto giant Volkswagen on Tuesday announced its foray into the shared mobility space with a tie-up with self-drive car rental platform Zoomcar. Read more from Livemint!
Port Technology International: FreightTech pioneer NEXT Trucking looks to solve long beach congestion
NEXT Trucking, a FreightTech pioneer that connects shippers and carriers, has struck an agreement to open an 18-acre drayage facility to ease congestion at the ports of Los Angeles and Long Beach, the two largest seaports in the US. Read more from Port Technology International.
Paul Asel on TechCrunch: "The changing nature of venture capital"
Venture is no longer a cottage industry where partners sit around a conference table on Mondays meeting companies and discussing which to support. Read more by Paul Asel on TechCrunch.
Vida Health Raises $30 Million in Series C Funding Round
This round will go towards funding sales and marketing and expanding Vida’s national coaching and therapy network.
SecurityScorecard Closes $50 Million in Series D Financing Round
Today, SecurityScorecard’s platform is the “gold standard” for security ratings used across 175 countries for cybersecurity insurance underwriting, M&A due diligence, reputation management, and vendor risk management.
How Moovit improved its app to help people with disabilities ride transit with confidence
Moovit is a leader in inclusive technology, with innovative work that helps people across the disability spectrum use buses, trains, subways, ride-hailing services and other modes of public transit.
Here is How AI is Bringing Equality to Education in China
Squirrel AI, NGP Capital's investment in China, is one of the few companies that specializes in intelligent adaptive education in China.
Deliveroo and GetYourGuide pick up around half a billion each in new funding
GetYourGuide and Deliveroo both announced new funding today, with Deliveroo raising $575M led by Amazon and GetYourGuide $484M led by Softbank’s Vision Fund. NGP Capital first invested in both companies in 2015, both investments were made in NGP Capital’s Smart Mobility theme.
Xnor releases AI2GO: A self-serve edge AI platform for building smart on-device solutions
AI2GO gives developers access to hundreds of deep learning models, which can be deployed on resource-constrained devices such as car dash cams and home security cameras with a few lines of code.
VentureBeat: Inside Nokia’s factory of the future: Robots, data, automation, 5G, and even some humans
As 5G networks begin to roll out, one of the most heavily hyped use cases is Industry 4.0, or the “factory of the future.”
Reuters: Inside SoftBank's push to rule the road
Traditionally in venture capital, funds do not invest in direct competitors. “There are tremendous synergies, but on the other hand there is significant risk of tremendous conflicts of interest,” said Paul Asel, Managing Partner at NGP Capital and a longtime mobility investor.
Do you have an Industrial Automation innovation that could change the world?
Winners will be provided with up to $175,000 in financial assistance and the opportunity to collaborate with experts from Nokia and Nokia Bell Labs to help grow their businesses and unleash new levels of productivity for the industrial and public sectors.
Getaround becomes global carsharing leader with $300 million acquisition of European platform Drivy
Getaround has acquired Drivy for $300M to move closer toward a shared vision of creating a world in which all cars are shared, and people everywhere are empowered to carshare – to contribute building more livable cities that are both less congested and polluted.
Yahoo News: First 5G, now supply chains – Trump administration considers blacklist to battle China
Upal Basu, Partner at NGP Capital, says the focus should be on the United States working to maintain its own advantage in 5G “instead of focusing on Huawei.”
Long-Term and Loyal Investments in Growth-Stage Companies
Paul Asel, Managing Partner of NGP Capital, sheds light on the company's investment style and strategy.
Working in a rapidly changing VC industry
Meet some of the driving forces behind the scenes at NGP Capital – our newest Vice Presidents, Chad Bailey and Ossi Tiainen.
Zinier Closes Oversubscribed Series B Funding Round to Bring AI-Powered Automation to the Field Service Industry
$20M+ funding from elite investors to support Zinier’s goal of transforming the $6B+ field service management market with intelligent automation.
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