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Malaysia-Based Socar Raises US $55 Million in Series B Funding Round From New Investors EastBridge Partners, Sime Darby
SOCAR plans to use the funding to support continuous tech enhancements, the introduction of clean mobility initiatives, and further development of its P2P car-sharing marketplace TREVO.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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Power Global Introduces eZee, the First Swappable Battery for Light Vehicles
Power Global introduces eZee, the company's first swappable battery for light vehicles.
- Categories
- Energy, Technology, Transportation
- Region
- Global
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Shared Mobility Startup Plentywaka Raises $1.2 Million Seed Round and Acquires Stabus Ghana
Plentywaka acquired Ghanaian mobility startup, Stabus as it looks to expand its African operations, starting with West Africa.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
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ZūM CEO Ritu Narayan Explains Why Equity and Accessibility Works for Mobility Services
Ritu founded Zūm in 2016 with brothers Abhishek and Vivek Garg to optimize routes, create transparency and make school commutes greener in India.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, transportation
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Nigerian Mobility Startup Moove Raises $63.2 Million Series A to Democratise Vehicle Ownership
Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.
- Categories
- Social Enterprise, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- startups, transportation
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Press Release: Lightrock Closed USD $900 Million Global Growth Fund, Investing In People, Planet and Productivity in Europe, India and Latin America
Lightrock, a global impact private equity firm closed its Lightrock Growth Fund I with investments from LGT and its private clients.
- Categories
- Investing, Technology, Transportation
- Region
- Global
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Making This Year Better Than the Last: A Recent Survey Assesses the Pandemic’s Impacts on Micro and Small Businesses
Micro and small businesses dealt with massive challenges during the initial months of the COVID-19 pandemic, and even those that adapted and survived still face major struggles. Juan Carlos Thomas at TechnoServe shares the results of a recent study on COVID-19's impact on these enterprises, and explores how his organization has been supporting them – including through a crisis toolkit that helps them weather the pandemic's challenges, and through digital tools focused on business training and access to finance.
- Categories
- Coronavirus, Technology, Transportation
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Improving COVID-19 Vaccine Distribution Around the World: Leveraging Partnerships and Technology to Optimize Medical Supply Chains
Effective vaccine distribution is key to overcoming the COVID-19 pandemic in low- and middle-income countries. Similar vaccination efforts for routine childhood diseases have been widely successful, but targeting an adult population presents unique challenges, say Wade Warren at Deloitte Consulting and Marian W. Wentworth at Management Sciences for Health. They explore four challenges that vaccine distribution efforts will face – and four tried-and-proven ways to improve the process.
- Categories
- Coronavirus, Health Care, Transportation