Tag Archives: startup

Malaysian Startup REKA Showcases Self-Driving Car Technology at KLIAS

Malaysian Startup REKA Showcases First Self-Driving Car Technology at Kuala Lumpur International Auto Show 2017 Proton Perdana autonomous vehicle driverless

At the Kuala Lumpur International Automotive Symposium (KLIAS) held on Nov 9-12, one booth catches the eye: CRETA, which stands for Conscious Reka Transport Apparatus. https://motiondigest.files.wordpress.com/2017/11/reka-2017.mp4   It is Malaysia’s first locally made self-driving car developed by home-grown Internet of Things (IoT) start-up Reka Initiative. The self-driving car has even been tested by Malaysia’s Minister of Science, Technology and Innovation — Datuk Seri

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Tech Startup Tapping into Ride-sharing Advertising Space

RidePlay TV Tech Company Tapping into Ride-sharing ride-hailing Advertising Space Uber Lyft

Ride-sharing tech firm promises a nationwide play for the right investor A group of San Diego tech entrepreneurs believe with the right partner, their platform will be able to quickly monetise the ride-sharing advertising space.   The Back Seat Advertisement With proven technology, and beta program complete, RIDEPLAY tv is now servicing advertisers and paying ride-sharing drivers by the mile.  The fully functional platform is equipped

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Starburst Accelerator Releases Urban Air Mobility Trends

Starburst Accelerator Releases Top 9 Start-ups List and Urban Air Mobility Trends urban air transportation

and Top 9 Start-ups on ‘Ones to Watch’ List in 2017 Starburst Accelerator, the global aerospace and aviation incubator, today released its first comprehensive report focused on the emerging urban air mobility sector: “The Next Wave of Startup Unicorns Emerging from the Aerospace Renaissance.” Urban Air Mobility Urban air mobility is poised for massive disruption over the next five years,

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Capital Factory and moovel North America Create MobilityX Accelerator

Mobility-focused entrepreneurs and startups to gain access to transportation technology expertise in first-of-its-kind accelerator in Austin, TX March 09, 2017 09:00 AM Eastern Standard Time   AUSTIN, Texas–(BUSINESS WIRE)–Capital Factory and Daimler-owned moovel North America (N.A.) have partnered to create MobilityX, a transportation technology accelerator aimed at fostering the growth of new mobility-as-a-service companies and bring innovative solutions to the

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How the SCROOSER is Made

SCROOSER, Electric Scooter Startup based in Germany is revolutionising e-mobility  and the idea of how we get around. The clear design has an equally clear message: sheer riding pleasure. Thanks to its smart impulse drive, the SCROOSER takes you from A to B almost effortless and most important- in style. The one small problem about riding a SCROOSER: you’ll never want to

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Hong Kong Startup Lalamove to Expand to 100 Cities with Series B Financing Completed

HONG KONG–(BUSINESS WIRE)–Lalamove, a Hong Kong based on-demand delivery company, completed its Series B Financing round, raising USD 30 million. The Series B Financing round was led by Xianghe Capital, a Beijing VC firm founded by former Head of Baidu M&A, Mr Hesong Tang, with participation from Blackhole Capital and existing shareholders MindWorks Ventures and Crystal Stream. The investment round

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Renowned Angel Investors Set Sights on Southeast Asia and India

  PRNewswire/ — Two of the most experienced and successful angel investors of the last 15 years — Michael Blakey and William Klippgen, both household names on the UK and Singapore’s startup scenes, respectively — have joined forces to set up a new SGD10 million seed venture firm in Singapore. True to its name, Cocoon Capital will focus on early-stage investments ranging from SGD350,000 to SGD1m. It boasts a new

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BMW Group Creates € 500 million VC Fund, Relocates BMW i Ventures HQ to Silicon Valley

Munich/Mountain View. The BMW Group is expanding the successful concept behind its venture capital unit and creating a venture capital fund of up to 500 million euros over ten years. This will allow BMW i Ventures to make investments in a wider range of areas, such as autonomous driving and digitalisation, and to secure continued access to the technologies of the future. BMW i

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New Online Delivery App to meet Filipinos Rising Logistics Demands

Lalamove, a Hong Kong based startup offering on-demand logistics in China and across Asia established its presence in the Philippines early November. Offering Philippines businesses, enterprises and e-commerce startups a consumer-facing app,  Lalamove’s “Uber For Logistics” model comes into play via independent “transporters” or “drivers” on the road to provide cost-effective door-to-door package delivery in an hour, thanks to the rising ride-sharing economy in

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