TopTechTrends

E-bike subscription service Dance reaches 10,000 active subscribers

September 12, 2023
Here are two interesting tidbits of news about Dance, the German startup that offers electric bikes and mopeds via subscription packages. First, the company just added a handful of investors to top up its recent €12 million funding round. Second, Dance now has 10,000 active and paying members. For the funding part, Dance isn’t saying […]

Ascento’s robots aid overstretched security guards

September 12, 2023
Like in many industries, there’s an acute shortage of security guards. This means guards still on the job have to pull extra hours and are more likely to make mistakes because of fatigue. Ascento is stepping into the gap with autonomous security patrolling robots called Ascento Guards. Distinguished by their wheel-leg design that can cover […]

California bill to ban driverless autonomous trucks goes to Newsom’s desk

September 12, 2023
In a blow to the autonomous trucking industry, the California Senate passed a bill Monday that requires a trained human safety operator to be present any time a self-driving, heavy-duty vehicle operates on public roads in the state. In effect, the bill bans driverless AV trucks. AB 316, which passed the senate floor with 36 […]

Why Lime says the time is almost right to go public

September 12, 2023
Lime, the startup with shared e-scooters and e-bikes in 280 cities around the world, has been talking about going public for years. Now, Lime CEO Wayne Ting says the economic stars are finally aligning to actually make it happen. The public markets have been in the doldrums for nearly two years amid higher inflation, rising […]

Indian consumers’ rising appetite for premium

September 12, 2023
Indian consumers, traditionally seen as price-conscious, are showing a growing appetite for premium items across a range of sectors, from real estate to smartphones and luxury hotels. The trend, documented by AllianceBernstein analysts in a note to clients this week, signals a shift in the spending habits in the world’s most populated nation that has […]

Battery recycling heats up with Ascend Elements’ $542M Series D

September 11, 2023
Venture funding for battery recycling startups is popping off lately, and the latest to see the IRA-driven upside is Ascend Elements, which announced a massive $542 million in Series D funding on top of $480 million in earlier DoE grants. The eight-year-old company recycles lithium batteries into black mass and produces cathode active materials (CAM) […]