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Car Sharing Internet Mobile Apps Ride Sharing Sharing Economy Sub-Saharan Africa Transportation Travel

Mobility startup Plentywaka picks up $1.2M seed, acquires Ghana’s Stabus

– Plentywaka, a mobility startup, raised $1.2m seed funding.
– The round was led by Canadian VC firm The Xchange and joined by SOSV, Shock Ventures, Techstars Toronto, Argentil Capital Partners, ODBA & Co Ventures, and angel investors.
– The company acquired Ghanaian mobility startup Stabus.

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DigiSure Scoops Up $13M
DigiSure Scoops Up $13M
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Auto Insurance Car Sharing Enterprise Software FinTech Fleet Management Identity Management Mobile North America Ride Sharing Sharing Economy Software

DigiSure Scoops Up $13M

– DigiSure, the first company to go beyond credit and driving history for mobility and shared economy businesses, announces the launch of its embedded protection platform to offer instant, individualized micro-insurance policies for better, safer coverage.
– The company is also announcing $13M in funding led by Morado Ventures, with participation from Xplorer Capital, Valor Equity Partners, Clocktower Technology Ventures, True North Cos, and ex-Upwork CEO Fabio Rosati.
– The funds will be used to help grow its team and scale operations.

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Child Care Children Information Technology North America Ride Sharing Transportation

HopSkipDrive Collects $25M in Series C

– HopSkipDrive from San Francisco, a youth transportation solution, announced today that it raised $25M in Series C funding.
Energy Impact Partners, Keyframe Capital, FirstMark Capital, and 1776 Ventures participated in this round.
– HopSkipDrive currently operates in 16 major markets in nine states, contracting with 300+ schools, districts and government agencies.

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Central-Eastern Europe Food Delivery Mobile Apps Public Transportation Ride Sharing

Bolt Raises $713M in Funding at $4.75 Billion Post-Money Valuation

– Bolt, a Tallinn, Estonia-based ride-hailing company, raised $713m in funding.
– The funds were raised from a range of investors including Sequoia, Tekne, and Ghisallo, G Squared, D1 Capital, and Naya.
– The new investment will be used to boost its new grocery delivery service, Bolt Market, and accelerate its expansion of existing mobility and delivery products.

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Advertising Advertising Platforms Marketing North America Ride Sharing

Adway Raises $6M in Seed Funding

– Adway is a digital advertising network for brands to engage and attract consumers by using street-level media.
– The company raised $6m in seed funding led by Upfront Ventures and others including Revel Ventures, Watertower Ventures, Inflection Capital, and more.
– The new investment will be used to commercialize the company’s system.

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Air Transportation CleanTech E-Commerce North America Ride Sharing Shipping

Cloverly snags $2.1M seed to continue developing API to measure and offset carbon usage

– Cloverly, an Atlanta-based, early-stage startup, has developed an API that helps companies measure and then offset their carbon emissions.
– The company announced a $2.1m seed round led by TechSquare Ventures with participation from SoftBank Opportunity Fund and Panoramic Ventures along with Circadian Ventures, Knoll Ventures and SaaS Ventures
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– The company has hired former eBay exec Jason Rubottom as CEO in his place.

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Automotive Hospitality North America Ride Sharing Transportation

Alto Announces Closing of $45M Series B Financing

– Alto, a leader in ride-hailing and private transportation currently operating in Dallas, Houston, and Los Angeles, has announced the successful completion of a $45M Series B financing — the company’s largest round of funding and infusion of capital to date.
– Alto is the first ride-hailing provider to hire W-2 employee drivers and manage its own fleet of company-owned vehicles.
– Through its unique business model, Alto is on a mission to create remarkable journeys by providing the safest, most consistent, and highest quality ride experience for passengers and drivers alike.
– The Series B financing was co-led by Tuesday Capital and Goff Capital. New investors in the round include Franklin Templeton, Alumni Ventures Group, Senterra, Green Park & Golf Ventures, and Hope Ventures Capital.

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Cycling Last Mile Transportation North America Ride Sharing SaaS Software Transportation

Joyride Raises $3.7M in Funding

– Joyride is a global micromobility software platform provider.
– The company raised $3.7M in funding.
– The round was led by Proeza Ventures and Urban Innovation Fund, with participation from Liil Ventures, Two Small Fish Ventures, co-founded by Eva Lau and Wattpad Co-founder Allen Lau, and former Shopify Chief Product Officer Craig Miller of Something Good Ventures.
– The new investment will be used to make strategic hires for software, marketing, sales and customer success roles across its offices in Toronto and Europe, attract new customers in thousands of markets and provide existing operators with more solutions customized to their city-focused and private fleet needs.

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Autonomous Vehicles Logistics North America Ride Sharing Transportation

Faction Raises $4.3M Seed Round

– Faction Technology from Silicon Valley is a startup that develops driverless solutions based on light electric vehicles.
– The company announced the completion of $4.3m in seed funding led by Trucks Venture Capital and Fifty Years.

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Last Mile Transportation Mobile Apps Ride Sharing Western Europe

Dott Raises $85M in Series B Funding

– Dott is a Paris, France-based e-scooter startup that has raised $85m in funding.
– The round was co-led by Sofina and Estari, with participation from EQT Ventures, Prosus Ventures, Aberdeen Standard Investments, Expon Capital, Felix Capital, FJ Labs, Invest-NL, McRock Capital, Quadia in partnership with Degroof Petercam and various angel investors.
– The company has a staff of 280, with its main teams located in Amsterdam, London and Paris.

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Car Sharing Collaborative Consumption Internet Peer to Peer Ride Sharing Transportation Travel Western Europe

BlaBlaCar raises $115 million to build all-in-one travel app

– French startup BlaBlaCar raised $115m funding.
– The round was led by VNV Global and joined by Otiva J/F AB and FMZ Ventures.
– The company started 15 years ago with a simple goal — matching empty car seats with passengers going in the same direction.

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Europe Food Delivery Mobile Apps Public Transportation Ride Sharing

IFC backs Bolt with $24M to expand its transportation network in emerging markets

– Bolt, an Uber competitor, raised $24m in funding.
– The funding was led by IFC and joined by existing investors.
– The company plans to expand its services in Eastern Europe and Africa.

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Charter Schools Europe Public Transportation Ride Sharing Transportation Travel

BusUp Raises $6M in Series A Funding

– BusUp is a Spanish corporate bus commuter management solution in the E.U. and LatAm.
– The company closed its $6m Series A financing.
– The round was led by Proeza Ventures, and supported by US transportation venture capital firm Autotech Ventures (investor in Lyft and Volta Charging), and IESE’s Business School venture fund Finaves V, among others.
– The company intends to use the funds to accelerate commercialization of its flexible and shared corporate commuting services in the United States and consolidate other existing markets.
– It will also be used to scale the technology and develop new products.

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