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.
Smart Mobility articles
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.
Indian transport & logistics news: Shadowfax made instant deliveries a reality in India
Abhishek Bansal, co-founder & CEO of Shadowfax, speaks to Indian Transport & Logistics News on their mission of connecting over a million micro entrepreneurs and suppliers in logistics industry, and expecting to grow 150 percent y-o-y.
Intelligent Transport: Why investing in new mobility is also an investment in the future of cities
Paul Asel, Managing Partner at NGP Capital, tells how investments in shared mobility are not only shaping the future of mass transit, but aiding cities in rethinking how they’re able to utilise space, detailing some of the specific investments he has made in mobility companies in recent years.
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.
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.
Lidia Yan: "The biggest mistake most entrepreneurs make"
"Build your company culture as early as possible. Underestimating the impact of company culture is the biggest mistake most entrepreneurs make," says Lidia Yan, Co-Founder and CEO of NEXT Trucking. Watch the full video as Lidia provides advice to first-time founders in an interview with NGP Capital Partner, David Tang.
“I’m in love with my car” – When will car sharing become mainstream? Perspectives from Europe
In 1975, Queen released ‘I’m in love with my car.’ Almost 45 years ago, car ownership was highly desirable. Today, the average utilization rate of privately owned cars is around 5%, even though car ownership is the biggest expense for consumers after housing.
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.
Financial Post: Are we headed for a ‘carpocalypse’?
Industry experts say car ownership isn't about to disappear, but the old paradigm of how we commute is ripe for change.