Category: transportation
Indian ride-hailing firm Ola to launch in London on February 10
Ride-hailing firm Ola will begin operations in London on February 10, it said today as the Indian firm slowly expands into new international markets and widens its competition with Uber, another SoftBank portfolio firm. Ola said it will be “fully operational from day one” in London, where it has signed…
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SpaceX reportedly looking to build Starship rockets at Port of LA
SpaceX is said to be in talks with local government officials about setting up a new rocket factory in the Port of Los Angeles, a location that would give it easy access to the ocean for transporting its next-generation Starship and Super Heavy launch vehicles to its coastal launchpad sites…
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Techstars Detroit accelerator is shutting down
Techstars Detroit, the accelerator that has funded 54 startups in the past five years, is shutting down, TechCrunch has learned. In an email to supporters, Techstars Detroit managing director Ted Serbinski said the accelerator was not able to secure enough funding for 2020. “It’s clear the entire automotive mobility industry…
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CloudTrucks raises $6.1 million to help truckers run their businesses
After selling autonomous driving startup Scotty Labs to DoorDash just five months ago, entrepreneur Tobenna Arodiogbu is back with a new startup. This time, he’s focused solely on truck drivers and their businesses. CloudTrucks, which aims to help truck drivers earn more money, has closed a $6.1 million round led…
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Where top VCs are investing in travel, tourism and hospitality tech
The venture community has been fixated on travel and hospitality since the dot-com era and early-2000s, when mainstays like Kayak and Airbnb were still Silicon Valley darlings. As the multi-trillion-dollar global travel and hospitality market continues to grow, VCs are still foaming at the mouth for the opportunity to redefine…
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Self-driving company Waymo teams up with UPS for package delivery
Waymo will start delivering parcels for UPS using its self-driving Chrysler Pacifica minivans in Phoenix as part of a broader partnership with the shipping and logistics company. The companies said Wednesday that Waymo will pilot autonomous vehicle package pickup in metro Phoenix — the same area where its self-driving vehicles…
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