A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – TRANSPORT TECH
- Didi Chuxing, China-based ride-hailing platform, raised $5.5B in Series G round led by Softbank and others Link
- Go-Jek, Indonesia-based motorbike on-demand platform, raised $1.2B in Series D round from Tencent Link
- Lyft, US-based on-demand taxi paltform, raised $600M in Series G round from KKR and others Link
- OlaCabs, India-based cab-hailing service provider raised $104M in Series I round from Falcon Edge and Ratan Tata Fund Link
- 99, Brazil-based ride-hailing platform, raised $100M in Series C round from Softbank Link
- Cabify, Spain-based on-demand cab service provider, raised $100M in Series D round from Rakuten and others Link
- Hyperloop One, US-based Hyperloop-based ground transportation builder, raised $93M from Sherpa Capital, Khosla Ventures and others Link
- Getaround, US-based P2P car sharing marketplace, raised $45M in Series C round led by Braemar Energy Ventures and others Link
- Spin, US-based dockless bicycle rental service provider, raised $8M in Series A round from Grishin Robotics and others Link
- Ofo, China-based P2P bicycle rental platform, raised an undisclosed round by Alibaba’s Ant Financial Link
- Gett, Israel-based taxi hailing app acquired Juno, New York-based on-demand taxi service provider for $200M Link
- SpotHero, US-based app for parking reservations acquired Parking Panda, US-based parking space finder for an undisclosed amount Link
- TravelCar, France-based car sharing service provider, acquired Tripndrive, P2P car rental service provider for an undisclosed amount Link
- Audi acquired Austin-based Silvercar, premium airport car rental service provider for an undisclosed amount Link
- Cabconnect, back-office management software solution provider acquired US-based Flywheel, marketplace for taxis and Taxi OS solution provider Link
- Europcar Group, France-based vehicle rental services provider acquired Buchbinder, Germany-based car rental service provider for an undisclosed amount Link
SOME INTERESTING STARTUPS FOUND
Kasper Cab (2016, Jeddah) – Provides on-demand cab booking service & ride-sharing solutions for women
Parky (2016, Athens) – App to find & rent parking spaces
LEADER BOARD – TRANSPORT TECH
Taxi
Didi Chuxing (2012, Beijing, $13.8B) – Didi Chuxing is a company made up of China’s two largest taxi-hailing firms- Didi Dache and Kuaidi Dache as result of a merger in Feb 2015. Backed by Tencent and Alibaba among others.
Uber (2009, SF, $10.71B) – Uber is an on-demand taxi service provider. Backed by First Round Capital, Benchmark, Menlo Ventures, Baidu, Fidelity Investments, Google Ventures and Tata Capital among others.
Lyft (2012, SF, $2.7B) – Lyft facilitates cab hailing and peer-to-peer ridesharing by connecting passengers who need a ride with drivers. Majority ride providers are professional drivers. Backed by A16Z, Alibaba, and Facebook among others.
Ola (2011, Bengaluru, $1.59B) – Ola is an on-demand taxi service in India. Backed by Tiger Global, Matrix Partners, SoftBank, Sequoia, Accel and Didi-Kuaidi among others.
Grab Taxi (2012, Singapore, $1.44B) – GrabTaxi is an automated location-based smart
Self Drive Cars
eHi Car Services (2006, Shanghai, IPO) – eHi is a car rental service provider. Backed by CTrip, Enterprise Holdings, and Goldman Sachs among others.
Turo (2009, SF, $101M) – Turo is a P2P car sharing platform. Backed by KPCB, Google ventures, August Capital and GM ventures among others.
Car Pooling
BlaBlacar (2004, Paris, $311.5M) – BlaBlaCar connects drivers who have empty seats with people looking for a ride through their car share service. Focuses on longer trips. Backed by Index ventures, Accel and Insight partners among others.
On-Demand Driver
Edaijia (2011, Beijing, $125M) – Edaijia allows users to find and connect with the nearest available temporary drivers via their app. Backed by LSVP and Matrix Partners among others.
Nontraditional
Hyperloop One (2014, LA, $253M) – Hyperloop is a vacuum tube-based transportation tech
Public Transport
Moovit (2011, Ness Ziona, $81.5M) – Moovit gives commuters a complete real-time snapshot of what their trip will be like and suggests the fastest, most comfortable routes. Backed by Sequoia and Gemini investors among others.
Smart Shuttle Service
Dada bus (2014, Shenzhen, $59M) – Dada Bus is a bus ridesharing app for a shuttle service that leverages big data to smartly match users with routes.
Bi-Cycle
Ofo (2015, Beijing, $585M) – Ofo.so is a P2P bicycle rental platform. Backed by Matrix Partners China, Didi Chuxing, and GSR Ventures China.
MoBike (2015, Shanghai, $325M) – MoBike is a bicycle rental platform. Backed by Foxconn, Tencent, Sequoia, CTrip, Joy Capital, and Panda VC Fund.
Employee Transportation
Move In Sync (2009, Bengaluru, $5M) – MoveInSync Technology Solutions is an employee transportation soluti
Motorized Two Wheeler
Go-Jek (2010, Jakarta, $1.75B) – Go-Jek is a bike taxi aggregator. Backed by Sequoia, KKR, and Warburg Pincus among others.
Traffic Management
Inrix (2004, Kirkland, $133M) – Inrix is a SaaS company which provides applications pertaining to road traffic control. It is a serial acquirer targeting comprehensive traffic data. Backed by August Capital, Venrock, Bain Capital, KPCB, Intel Capital, Porsche
Car Sharing Tech
Vulog (2006, Paris, $9M) – Vulog is a provider of in-car technology and modular software platform for car sharing. Backed by Bpifrance, Conseil Plus Gestion, Paca Investment, ETF Partners
Maps Routing
mapbar (2004, Beijing, $78M) – mapbar is a provider of online and wireless maps. Backed by IDG Capital.
Waze (2004, Beijing, $67M, Acq.) – Waze is a provider of social driving and navigation app. Backed by Kleiner Perkins Caufield, Byers Digital Growth Fund, Qualcomm Ventures, and iFund among others. Acquired by Google.
Parking
Luxe (2013, SF, $75.5M) – Luxe provides on-demand valet parking service. Backed by Hertz Global Holdings, Redpoint Ventures and Venrock among others.
Streetline (2005, SF, $50M) – Streetline has developed a device to find empty parking spaces. Backed by True Ventures, Citi Group, RockPort Capital and Sutter Hill Ventures among others.
Fleet Management
inthinc (1997, Salt Lake City, $24M) – inthinc provides fleet management and driver saftey solutions. Backed by Innoventures Capital Partners, Partners for Growth
Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest update visit Transport Tech feed.