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Indonesia’s Moladin Raises $95 Million Series B Funding to Grow Its Automotive Ecosystem
Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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Oneport 365 Secures $5 Million in Seed Funding to Help Digitise Africa’s Freight Management
OnePort 365 has bagged $5 Million in seed funding to build an operating system for cross-border trade in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- startups, transportation
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Press Release: In Rural Nigerian Communities, Small Electric Vehicles Powered by Microgrids Cost the Same as Fossil Fuels and Expand Access to Electricity
RMI, Factor[e] Ventures and the UK-charity Shell Foundation show scaling electric mobility with a growing minigrid industry is profitable for both minigrid and electric vehicle operators and improves community access to transportation
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Japan’s Suzuki to Invest $1.4 Billion for Electric Vehicles at India Factory
Suzuki Motor plans to invest 104.4 billion rupees ($1.37 billion) in its India factory to produce electric vehicles (EVs) and batteries, Maruti Suzuki India, majority-owned by the Japanese carmaker, said on Sunday.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
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Addis Ababa Inks $29 Million Deals With China Firms for Public Transport Upgrade
Authorities in Ethiopia’s capital Addis Ababa have inked a deal worth $29.17 million with two Chinese companies to modernise the transport sector.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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World’s First Mobility FinTech Moove Raises $105 Million in Series A2 Round to Scale Its Revenue-Based Financing Model Globally
Moove is democratizing vehicle ownership across Africa by providing mobility entrepreneurs access to revenue-based financing in markets with low access to credit.
- Categories
- Finance, Technology, Transportation
- Region
- Global
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Study: Electrifying Motorcycle Taxis in Kampala, Uganda, Shows Air Pollution Benefits
In a new University of Michigan study, researchers set out to understand the air pollutant emissions impacts of electrifying motorcycle taxis in Kampala, Uganda.
- Categories
- Transportation
- Region
- Asia Pacific
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African Mobility Fintech Company Moove Secures $10 Million Financing From NBK Capital Partners
Moove, the African mobility fintech company, has today announced the closing of a US$10 million financing facility from NBK Capital Partners, strengthening the company’s mission to democratise vehicle ownership across Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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