On Oct 7, kWh Bikes, an electric two wheeler for delivery services and shared mobility, announced that it has raised $2 million in a seed round led by LetsVenture with participation from Better Capital, Cloud Capital, and other individuals. The funding is among the largest...
On Oct 8, Arbe Robotics, a provider of the next-generation 4D Imaging Radar Chipset Solution, went public on the NASDAQ after completing its SPAC merger with Nasdaq-listed Industrial Tech Acquistions, Inc. (ITAC). The previously announced business combination was approved by the ITAC stockholders at a...
On Oct 1, Tomorrow.io, an AI-enabled platform for weather forecasting, announced that they have been awarded a $19.3 million contract from the U.S. Air Force to support its planned constellation of approximately 32 weather satellites. The Air Force issued the contract for the company’s radar-equipped...
On Sep 23, Karamba Security, a provider of embedded cybersecurity solutions for connected devices and systems, announced that it signed a multi-year license agreement with Hitachi Kokusai Electric for the use of Karamba XGuard Protect. By implementing XGuard Protect, a seamlessly-embedded runtime integrity solution, into...
On Sep 17, Evoke, a Beijing and Hong Kong-based manufacturer of an electric motorcycle with fastcharging capabilities, received the Best Investment Value Award at the OTEC-Emerge Tech Summit held in Beijing. OTEC-Emerge Technology Awards short listed innovative tech startups in three areas of smart mobility, fintech,...
On Aug 25, Addionics, a developer of the next generation rechargeable batteries with 3D architecture and engineering, has been awarded funding from Innovate UK. The award will be used to lead a project in which next-generation batteries for electric vehicles will be developed using smart...
On Aug 25, Auto Motive Power (AMP), a California-based innovative battery management systems & charging solutions provider, was featured in Business Insider. In this article, AMP’s Founder & CEO Anil Paryani shared his vision for the startup to become a dominant player in the multi-billion...
This month, Evoke Motorcycles, a Hong Kong and Beijing-based manufacturer of an electric motorcycle with fast charging capabilities, made the Valuer Top Ten List of sustainable transportation startups and was listed among the top players in the high-performance electric motorcycle market in Technavio’s latest research report. The...
On Jul 15, Inspektlabs, a computer vision technology platform for the automated inspection of cars, was named one of the most innovative early stage insurtech startups by Insurtech Insights, the world’s largest insurtech community organization. Among thousands of entrants, Inspektlabs ranked No. 9 on the...
On Aug 18, Neolix, a Chinese autonomous logistics solutions provider of modular vehiclescustomized to diverse use cases, announced that it had closed a new round of funding in early 2021 to raise an undisclosed multimillion-dollar investment amount. The fresh financing round was co-led by China...