Moovit launches global Public Transit Index report
Moovit, the world’s largest public transit app, has launched a comprehensive index about public transit patterns and micro-mobility usage around the world. See full report here.
Smart Mobility articles
Transportation Reimagined at World of Connections 2019
NGP Capital hosted its fifth annual World of Connections event in San Francisco gathering 375 entrepreneurs and executives from the US, Europe, and Asia to consider the ways in which technology enables us to reimagine the future.
Shadowfax announces $60Mn financing round led by Flipkart group and existing investors
Investment focused on driving strategic synergies to grow hyperlocal business Shadowfax to grow presence in 1000 cities and is on track to become the largest logistics player in India.
FreightWaves: E-Scooters, the bull and the bear
“What we are going to see over time is a broadening of vertical applications for transportation,” Paul Asel said.
Paul Asel on Automotive World: Considered MaaS adoption and cooperation vital to transform urban mobility
“We are moving from transportation as an asset to mobility as a service (MaaS),” said Paul Asel, Managing Partner, NGP Capital.
TechCrunch: SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation
Getaround, a car-sharing platform, will enter the unicorn club with a roughly $200 million equity financing. Getaround acquired NGP Capital portfolio company Drivy earlier this year.
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.
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.