Lime says its gross bookings grew 45% YoY to $250M in H1 2023 and its adjusted EBITDA reached $27M, or ~$20.6M unadjusted, as CEO Wayne Ting hints at an IPO
Rebecca Bellan / TechCrunch :
UK-based holographics startup Envisics, which is building in-car AR heads-up display tech, raised $50M in a second Series C tranche, closing the round at $100M
Rebecca Bellan / TechCrunch :
Lyft CEO David Risher says the company is trying to end surge pricing as “riders hate it”; higher driver supply cut the share of surge pricing rides by 35% QoQ
Rebecca Bellan / TechCrunch :
Autonomous trucking company Aurora Innovation raised $600M in a private placement of its stock, at $2.70/share, and plans a ~$220M public offering, at $3/share
Rebecca Bellan / TechCrunch :
Tel Aviv-based NoTraffic, an AI traffic intersection management service, raised a $50M Series B led by M&G Investments, following a $17.5M Series A in July 2021
Rebecca Bellan / TechCrunch :
Foretellix, an Israeli startup that offers companies tools to verify autonomous vehicle tech at any level, raised a $43M Series C led by 83North
Rebecca Bellan / TechCrunch :
New Zealand-based Partly, whose database of 50M+ car parts from 20K+ suppliers and OEMs is used by marketplaces like eBay, raised a $21M Series A led by Octopus
Rebecca Bellan / TechCrunch :
Parallel Domain, which is building a data-generation platform for autonomous vehicle companies, raised a $30M Series B led by March Capital
Rebecca Bellan / TechCrunch :
SAIC Mobility Robotaxi, an arm of state-owned Chinese automaker SAIC that aims to launch an autonomous taxi service, raised a $148M Series B at a $1B+ valuation
Rebecca Bellan / TechCrunch :
New Zealand-based Soul Machines, which uses AI to create customer-facing avatars for businesses, raises a $70M Series B1 led by Vision Fund 2
Rebecca Bellan / TechCrunch :