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    Supersonic Jet Startup Hermeus Secures ‘ITP’ Factory – Global Atlanta

    Hermeus, an Atlanta aerospace startup looking to disrupt global air travel by building jets that can travel at five times the speed of sound, has found a local home for its future manufacturing operations.   The 110,000-square-foot facility sits at 3960 DeKalb Technology Parkway, just south of the intersection of interstates 285 and 85, a tangle of roads and overpasses known as Spaghetti Junction.   The “Inside-the-Perimeter” location sits just nine miles away from where the venture-backed firm is testing its next-generation ramjet aircraft engines at Peachtree-DeKalb Airport.   “In selecting this location, Hermeus is proving its commitment to Atlanta and expanding its footprint,” […] More

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    Firms and founders band together against virus variant rampaging through India

    Many firms and founders have stepped up global and local efforts in providing relief and support as India grapples with the second wave of the pandemic.   Global giants, startups, and entrepreneurs have come together under an entity called ACT Grants, a social change body for the startup ecosystem founded in 2020 to fight COVID-19.  Thirty four founders along with 44 investment funds including Accel, Sequoia Capital, Matrix Partners, Kalaari Capital, and LetsVenture, have banded together to create a Rs 500 crore philanthropic fund under ACT Grants.  Some of them are mentioned below. Goldman Sachs  Goldman Sachs Group announced a […] More

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    With Blowhorn, Ninjacart, Grofers as its clients, this startup is looking to bring EVs into hyperlocal delivery

    There has been a lot of awareness on sustainable travel and commuting in the country in recent years. Hyperlocal delivery players like Swiggy, Zomato, Dunzo, etc., are also slowly switching to green modes of mobility. As the demand for sustainable and safe modes of transport increases, entrepreneur Prateek Yadav decided to start Zyngo Mobility out of Delhi-NCR in 2019. Zyngo is a hyperlocal third-party logistics (3PL) service provider for the last-mile and middle mile sector, catering to the needs of ecommerce, online grocery, retail, and pharma companies.  The platform, which caters to the needs of B2B and B2C consumers, uses […] More

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    Croatian Innovation: Digitalna Dalmacija Portal and New Startups Presented in Split

    May 6, 2021 – Croatian innovation was in the spotlight on Wednesday as a new startup platform Digitalna Dalmacija and many new startups were presented in Split. Organized by the GrowIT project of ICT County, which aims to consolidate and encourage the IT startup scene in Split and the county, a TeamUP LIVE event for networking startups was held on Wednesday in PICS @ FESB at the Faculty of Electrical Engineering, Mechanical Engineering and Naval Architecture (FESB) in Split. Dalmatinski Portal reports that at the event, the new startup platform digitalnadalmacija.hr was presented, and an innovative electric bicycle and tourist guide by […] More

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    Dutch transport app Gaiyo launches first free parking app in the Netherlands; know more here | Silicon Canals

    Dutch transport app, Gaiyo was launched in 2020 by Innovactory – a company that develops smart technological solutions for mobility. In a recent development, the company has announced that it is now the first transport app to offer free parking in the Netherlands, with the launch of Gaiyo street parking. Currently, there are many parking apps on offer in the Netherlands including Amber, ConnectCar, Greenwheels, MyWheels, and Sixt Share, among others. However, the differences in price and service offered have been small so far. And this is where Gaiyo wants to make its mark. Free parking app Gaiyo charges no […] More

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    10 reasons why the K-Startup Grand Challenge 2021 is your gateway to Asia and the world

    After five successful editions, the K-Startup Grand Challenge is back in 2021. Launched by South Korea’s National IT Industry Promotion Agency (NIPA), the programme invites startups from worldwide to leverage Korea’s booming startup ecosystem to expand across Korea and Asia. With the COVID-19 pandemic pushing the need for innovative solutions and entrepreneurs building products that cater to the needs of the new normal, South Korea is evolving as a hub of innovation with its robust startup ecosystem and unfettered access to cutting-edge technology. Here are the top 10 reasons why you should apply this year: 1. Gateway to Asian markets […] More

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    Fly Now Pay Later raises $13.8m for its planned US expansion | Digital Payments | Fintech Magazine

    the credit intermediary that works with travel companies to help customers spread the cost of their travel, has raised $13.8m in it’s latest funding round, and has announced plans to expand to the US. The alternative travel payments provider currently works with more than 250 travel companies globally, including Emirates, Expedia and Booking.com, and enables customers to have flexible payment options on travel purchases. Users can spread the cost over periods of one to 12 months, and interest can be as low as 0% APR. According to information on it’s website, Fly Now Pay Later, which currently employs around 70 […] More

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    Uber, Lyft, Yellow Cab, Limo City – Clark County Blog

      JCMR recently introduced Global Limo Rental and Limo Service Market study with focused approach on market size & volumes by Application, Industry particular process, product type, players, and production & Consumption analysis considering major factors, cost Structure and regulatory factors. At present, the market is developing its presence and some of the key players from the complete study are Uber, Lyft, Yellow Cab, Limo City, Eti Taxi Service, SIXT, BlacklaneThe report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been […] More

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    Podcast: This sustainable sneaker company is coming for the industry giants

    Bamboo. Sugarcane. Cork. These are not what we’d think of as traditional ingredients for sneakers, but they’re some of the core raw materials that Brazilian shoe brand Cariuma uses for its environmentally sustainable footwear. According to figures generated by an independent, third-party consultant, its new Ibi slip-on sneaker is the lowest-carbon-footprint sneaker ever. [Photo: Cariuma] On this week’s episode of World Changing Ideas, I speak to Cariuma’s cofounders, David Python and Fernando Porto, who talk about the sneaker-making process, where the sustainable materials come from, and why they’re unabashedly ready to “steal market share from the big guys.” Cariuma’s signature […] More

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    Munich-Based Startup FlixMobility Ready for Train and Bus Resurgence in Europe

    Intercity buses and trains this week are pulling out of European stations once again. FlixMobility, a German company that has run FlixBus intercity buses since 2013 and FlixTrain rail service on select European routes since 2018, is revving its engines. The Munich-based startup is resuming and launching intercity bus and rail service on Thursday and Friday in France, Italy, and Sweden as part of a phased reopening. “The advantage bus and rail has on sustainability will fuel our growth as we bring up our networks again from the east coast of Turkey to the west coast of the U.S.,” said […] More

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