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Moovit integrates Lime electric scooters, bikes, mopeds into transit planning app

Moovit integrates Lime electric scooters, bikes, mopeds into transit planning app

by sibi1 | Jul 27, 2021 | Uncategorized

Shared electric micromobility company Lime announced a partnership to integrate its electric scooters, bikes and mopeds into the Moovit trip planning app. As of next week, Lime’s vehicles will be included as a travel option in tandem with public transit for either all...
India’s ShareChat valued at $2.88 billion in $145 million fundraise

India’s ShareChat valued at $2.88 billion in $145 million fundraise

by sibi1 | Jul 27, 2021 | Uncategorized

Indian social media platform ShareChat said on Tuesday it has raised an additional $145 million and is now valued at nearly $3 billion, less than three months after it secured $502 million at a valuation of $2.1 billion. Temasek and Moore Strategic Ventures led the...
Freightify lands $2.5M to make rate management easier for freight forwarders

Freightify lands $2.5M to make rate management easier for freight forwarders

by sibi1 | Jul 27, 2021 | Uncategorized

Freight forwarders often keep track of rates on spreadsheets they email to customers, but the pandemic has made that difficult because prices are constantly fluctuating. Freightify, a startup that refers to itself as the “Shopify for maritime freight,” provides...
Nium crosses $1B valuation with $200M Riverwood Capital-led round

Nium crosses $1B valuation with $200M Riverwood Capital-led round

by sibi1 | Jul 27, 2021 | Uncategorized

Business-to-business payments platform Nium announced Monday that it raised more than $200 million in Series D funding and saw its valuation rise above $1 billion. The company, now Singapore-based but shifting to the Bay Area, touted the investment as making it “the...
Tesla delays Semi truck to 2022; Cybertruck back-burnered for Model Y

Tesla delays Semi truck to 2022; Cybertruck back-burnered for Model Y

by sibi1 | Jul 27, 2021 | Uncategorized

Tesla is pushing the launch of its electric Semi truck program to 2022 due to supply chain challenges and the limited availability of battery cells, the company said in its second-quarter earnings report Monday. Tesla CEO Elon Musk has warned about battery supply...
Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue

Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue

by sibi1 | Jul 27, 2021 | Uncategorized

Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage and solar business. The demand picture will get even sunnier for the division if the company can access enough...
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