![]() Gouach has designed, developed, and will manufacture a solderless battery specifically intended for usage in e-bikes, e-scooters, and small electric vehicles. Gouach’s €3.3 million funding round was led by Breega and saw participation from the New Aquitaine region as well as Bpifrance. It is also part of the Endeavor ScaleUp program. Magma Partners led its seed round, and other investors include INCA Ventures, BuenTrip Ventures, GRAM, Otto Holdings and Nucleus EMV, among others. Lima-based LEASY, a startup that offers automobile financing to ride-hailing drivers in Latin America via a subscription model, has secured $2 million in equity and $15 million in debt. ![]() RideCo also provides the service to corporations looking for a dynamic way to shuttle employees. Similar to Via - which also provides transit planning tech from its acquisition of Remix - RideCo provides transit agencies and fleet operators with the underlying software and app so that they can, in turn, provide on-demand transit options to cities, RideCo’s biggest customer. The company, whose biggest competitor is Via, runs a software-as-a-service business model. RideCo, a Canadian company offering cities on-demand transit tech, closed a $15.8 million (CAD $20 million) Series A round, led by Eclipse Ventures. The new partnership will accelerate both companies’ ability to meet the needs of car owners through the expansion of convenient and contactless vehicle-related services brought directly to customers’ homes and workplaces. Yoshi is a last-mile delivery platform focused on car care services for consumer, fleet, and corporate customers. ( Link to article)īridgestone Americas announced a minority investment in Yoshi. The combination of Drivably’s dedicated engagement tools with ACV’s proprietary condition-adjusted machine learning-powered pricing engine creates a compelling solution for dealers to source consumer inventory. Drivably, founded in 2018, empowers dealers to engage with consumers interested in selling their vehicles. ( Link to article)ĪCV Auctions has acquired Drivably, reinforcing its continued focus on helping dealers appraise and source consumers more effectively. The round was led by Lightspeed Venture Partners with additional participation from General Catalyst, Elad Gil, Fidji Simo (CEO, Instacart), Spike Lipkin (CEO, Newfront), and Sam Hodges (CEO, Vouch). Nirvana Insurance, a technology-driven platform that modernizes commercial fleet insurance using vast amounts of data from sensors on trucks, closed a $22 million Series A funding round, bringing the total raised to more than $25 million. Working with ILS Capital Management as its insurance partner, the company has automated large parts of the data collection, underwriting, administration, and claims processes. Stable Insurance is an insurtech startup using technology and new data sources to create fit-for-purpose insurance for owners of rideshare and carshare vehicles. Stable Insurance has raised $3.3 million in funding, led by MLTPLY with participation from Brooklyn Bridge Ventures and multiple angel investors. FastLane is a midwest-focused, full-service auction marketplace located in Mount Morris, Michigan, 75 miles from Detroit and the Canadian border. Publicly-traded E INC and sub-brand EBlock have acquired FastLane Auto Exchange, an independent dealer-only auction that transacted approximately 24,000 vehicles in 2021. vehicle logistics centers in the U.S., and exclusive use of the marketplace in U.S. The all-cash deal includes all auction sales, operations and staff at 56 ADESA U.S. KAR Global has reached a definitive agreement to sell all of its ADESA physical auction business in the U.S.
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