Uber has led a $20 million round into Everest Fleet, a Mumbai-based fleet management company that boasts over 10,000 vehicles running on rideshare platforms Uber and Ola throughout India. The company will use the funds to accelerate its transition to electric vehicles, with a goal of having 10,000 EVs in its fleet by 2026. Uber […]
Uber leads $20M round in India’s Everest Fleet for EV expansion by Rebecca Bellan originally published on TechCrunch
Lee Fixel’s Addition is looking to raise $1.5 billion venture capital fund as the former Tiger Global executive continues to secure large sums of capital despite the slowdown in the market. Fixel’s Addition disclosed the fundraising target in a securities filing. It’s Addition’s fifth fund in less than four years with all previous funds amassing between […]
Lee Fixel’s Addition raising $1.5 billion for its fifth fund in four years by Manish Singh originally published on TechCrunch
Generative AI has undoubtedly been the big buzzword of the past year, driven in large part by Microsoft-backed OpenAI and ChatGPT. But while the ability to create all manner of fresh content from a simple prompt raises various societal and ethical questions, it also opens the door to myriad businesses that simply would not have […]
Backed by Google’s Gradient, Versed wants to help storytellers create video games using generative AI by Paul Sawers originally published on TechCrunch
Founded in Melbourne, One Future Football (1FF) bills itself as the “world’s first global soccer league,” and it’s goal is to attract first-time soccer fans. It launches today with more than 250 CGI generated players, who have backstories created so all fans have someone they can relate to (for example, there are players with diabetes […]
One Future Football’s virtual worldwide soccer league launches with backing from Blackbird by Catherine Shu originally published on TechCrunch
Toyota plans to introduce a high-performance lithium-ion battery to its next-generation electric vehicles by 2026, part of the automaker’s new technology roadmap revealed Tuesday. The batteries will deliver quicker charging and around 620 miles (1,000 kilometers) of range, which would put Toyota’s vehicles ahead of the competition. Toyota has historically trailed behind other major automakers […]
EV laggard Toyota says its next-gen EVs will have over 600 miles range by Rebecca Bellan originally published on TechCrunch
The Philippines’ startup ecosystem is poised for strong growth, thanks to the country’s rising GDP, fast adoption of online services and a new generation of founders. Launched by tech and investment veterans, Kaya Founders wants to back the most promising startups from the very beginning. The venture firm announced today that it has closed $12 […]
Kaya Founders backs Philippines startups from “Day 0” by Catherine Shu originally published on TechCrunch