🚀 Diving into the World of Angel Investing with #ZyppElectric 🚀 Embarking on my angel investing journey has been an exhilarating experience filled with valuable lessons, challenges, and rewarding moments. My first and proudest investments has been in #ZyppElectric, a company at the forefront of transforming urban mobility. 🌍⚡ Here's why I chose #ZyppElectric: 🌿 Eco-Friendly Solutions: #ZyppElectric is committed to reducing carbon emissions with their eco-friendly electric scooters and bikes, aligning with the growing demand for greener transportation options. 💰 Cost-Effective Operations: Their electric vehicles significantly cut fuel and maintenance costs. #ZyppElectric’s affordable pricing models make the switch to electric mobility easier for both individuals and businesses. 📦 Efficient Last-Mile Delivery: With the surge in e-commerce and online deliveries, #ZyppElectric offers a highly efficient solution for last-mile delivery. Their flexible and scalable business model supports rapid expansion across urban areas, meeting the demand for quick and sustainable delivery options. Key Takeaways from My Journey as an Angel Investor: 💹 Understand the Market: Investing in sectors you understand or are willing to learn about is crucial. Market knowledge helps in assessing the potential and future scalability of a business. 🤵 Founding Team: The strength and passion of the founding team often matter more than the initial idea. A great team can pivot and adapt, turning even a mediocre idea into a successful venture. 🧘♂️ Patience is Key: Angel investments are long-term commitments. It often takes years for startups to provide significant returns, requiring patience and a long-term perspective. Angel investing is a dynamic and rewarding journey that goes beyond financial gains. It’s about investing in forward-thinking ideas, supporting innovation, and being part of a transformative process. 🌟✨ #AngelInvesting #ZyppElectric #UrbanMobility #EcoFriendly #Innovation #Sustainability #InvestmentJourney #Akashgupta #Rashiagarwal #venturecatalyst
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Zypp Electric Secures Funding For SE Asia Expansion Indian startup Zypp Electric is gearing up to expand its electric vehicle (EV) rental service into Southeast Asia, thanks to a fresh $15 million investment from Japanese oil and energy conglomerate ENEOS. Co-founder and CEO Akash Gupta revealed in an interview with TechCrunch that Indonesia, Thailand, and the Philippines are prime candidates for this expansion, with Indonesia expected to be the first market to kick off. #mobilitynews #fundingnews
Zypp Electric Secures Funding for SE Asia Expansion
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Proud Investor Alert! Congratulations to itselectric Tiya Gordon Nathan L. King on raising $6.5M to expand operations and accelerate curbside EV charging across seven US cities in 2024. This fresh funding will bring itselectric’s affordable and accessible EV infrastructure to some of the densest urban areas in the country with key deployments directly supporting Uber’s goal of helping rideshare drivers go electric. itselectric’s chargers are installed and maintained at no cost to cities, utilities, or property owners and help build the infrastructure that will allow gas cars to be replaced with EVs. Halogen Ventures Jesse Draper Ashley Balla Adriana Gadala-Maria Ochi Jessica Robertson The bonus: property owners earn passive income – aligning climate action with urban living, making cleaner, greener cities a reality 🌿🔌 Read more by Irina Ivanova at Fortune Magazine on post attached. #EVCharging #ClimateAction #goelectric #driveelectric
🎉 itselectric, a Brooklyn-based electric vehicle curbside charging company, today announced its $6.5M seed round. The raise was led by Failup Ventures and Uber. With participation from Halogen Ventures, Partnership for New York City, Pulse Fund, Newlab, Gratitude Railroad, Tale Venture Partners, The Equity Alliance, Los Angeles Cleantech Incubator (LACI) Impact Fund, and The Helm and will support deployments across seven cities in the United States in 2024, including Boston, Los Angeles, Detroit, Jersey City, and San Francisco. With fresh funding, itselectric’s curbside charging infrastructure will also help support Uber’s goal of helping rideshare drivers go electric. 🌎 2023 was the hottest year on record with transportation being the third largest contributor of U.S. greenhouse gas emissions. But transportation is also a sector where the choice to drive electric will create a collective difference. Our mission is to make charging easy, convenient, and affordable not only for drivers, but for cities, providing the pathway for everyone to go electric. “itselectric has designed an innovative public charging solution that addresses the infrastructural barriers that cities face in the deployment of electric vehicle curbside charging,” said Topias Soininen, general partner at Failup Ventures. “Their thoughtfully designed chargers are a highly scalable solution that will rapidly bring curbside charging to the millions of city drivers who park on the street and contribute to the nationwide adoption of electric vehicles.” "We are thrilled to invest in itselectric as part of our push for an all-electric future,” said Camiel Irving, GM of Uber US & Canada. "Electric rideshare drivers cut emissions up to four times more than regular motorists, but many lack off-street parking and home charging options. itselectric is innovating to address this and expand overnight curbside charging, helping more drivers confidently go electric, ease range anxiety, and boost earnings potential." “itselectric is revolutionizing urban infrastructure,” said Jesse Draper founding partner, Halogen Ventures. “Their mission to bring highly accessible curbside charging combined with economic benefits to urban communities, offers an innovative solution for a problem we need to urgently solve. We’re incredibly excited about itselectric as they expand across cities to make sustainable transportation a reality across the nation” Read the full story in Fortune https://lnkd.in/e7DuKYNf
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This funding announcement is great news for increasing public, curbside #EVcharging accessibility for #multifamilyhousing residents in cities like Los Angeles. Greater availability of reliable curbside charging more broadly will hopefully also help more ride-hail drivers make the move to EVs by 2030, complying with a requirement in states like California and New York. With housing nationwide remaining stubbornly expensive and single-family housing out of reach for many, the number of residents in multifamily housing (apartments, condominiums, cooperatives, and townhomes) is likely growing. That means a significant transition to #EVs requires convenient charging for dwellers in these types of homes. #transportationequity
🎉 itselectric, a Brooklyn-based electric vehicle curbside charging company, today announced its $6.5M seed round. The raise was led by Failup Ventures and Uber. With participation from Halogen Ventures, Partnership for New York City, Pulse Fund, Newlab, Gratitude Railroad, Tale Venture Partners, The Equity Alliance, Los Angeles Cleantech Incubator (LACI) Impact Fund, and The Helm and will support deployments across seven cities in the United States in 2024, including Boston, Los Angeles, Detroit, Jersey City, and San Francisco. With fresh funding, itselectric’s curbside charging infrastructure will also help support Uber’s goal of helping rideshare drivers go electric. 🌎 2023 was the hottest year on record with transportation being the third largest contributor of U.S. greenhouse gas emissions. But transportation is also a sector where the choice to drive electric will create a collective difference. Our mission is to make charging easy, convenient, and affordable not only for drivers, but for cities, providing the pathway for everyone to go electric. “itselectric has designed an innovative public charging solution that addresses the infrastructural barriers that cities face in the deployment of electric vehicle curbside charging,” said Topias Soininen, general partner at Failup Ventures. “Their thoughtfully designed chargers are a highly scalable solution that will rapidly bring curbside charging to the millions of city drivers who park on the street and contribute to the nationwide adoption of electric vehicles.” "We are thrilled to invest in itselectric as part of our push for an all-electric future,” said Camiel Irving, GM of Uber US & Canada. "Electric rideshare drivers cut emissions up to four times more than regular motorists, but many lack off-street parking and home charging options. itselectric is innovating to address this and expand overnight curbside charging, helping more drivers confidently go electric, ease range anxiety, and boost earnings potential." “itselectric is revolutionizing urban infrastructure,” said Jesse Draper founding partner, Halogen Ventures. “Their mission to bring highly accessible curbside charging combined with economic benefits to urban communities, offers an innovative solution for a problem we need to urgently solve. We’re incredibly excited about itselectric as they expand across cities to make sustainable transportation a reality across the nation” Read the full story in Fortune https://lnkd.in/e7DuKYNf
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Zypp Electric reports Rs 303 Cr revenue in FY24 as losses rise 2.2X: B2B delivery and shared mobility startup Zypp Electric raised $14 million shortly after the end of FY24, driven by consistent growth fueled by the rise of quick commerce and food delivery. The Gurugram-based firm reported a 2.6X increase in scale, with total revenue surpassing Rs 300 crore during the fiscal year ending March 2024. Zypp … Continue reading "Zypp Electric reports Rs 303 Cr revenue in FY24 as losses rise 2.2X" The post Zypp Electric reports Rs 303 Cr revenue in FY24 as losses rise 2.2X appeared first on Entrackr. #startupnews #startups
Zypp Electric reports Rs 303 Cr revenue in FY24 as losses rise 2.2X
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🎉 itselectric, a Brooklyn-based electric vehicle curbside charging company, today announced its $6.5M seed round. The raise was led by Failup Ventures and Uber. With participation from Halogen Ventures, Partnership for New York City, Pulse Fund, Newlab, Gratitude Railroad, Tale Venture Partners, The Equity Alliance, Los Angeles Cleantech Incubator (LACI) Impact Fund, and The Helm and will support deployments across seven cities in the United States in 2024, including Boston, Los Angeles, Detroit, Jersey City, and San Francisco. With fresh funding, itselectric’s curbside charging infrastructure will also help support Uber’s goal of helping rideshare drivers go electric. 🌎 2023 was the hottest year on record with transportation being the third largest contributor of U.S. greenhouse gas emissions. But transportation is also a sector where the choice to drive electric will create a collective difference. Our mission is to make charging easy, convenient, and affordable not only for drivers, but for cities, providing the pathway for everyone to go electric. “itselectric has designed an innovative public charging solution that addresses the infrastructural barriers that cities face in the deployment of electric vehicle curbside charging,” said Topias Soininen, general partner at Failup Ventures. “Their thoughtfully designed chargers are a highly scalable solution that will rapidly bring curbside charging to the millions of city drivers who park on the street and contribute to the nationwide adoption of electric vehicles.” "We are thrilled to invest in itselectric as part of our push for an all-electric future,” said Camiel Irving, GM of Uber US & Canada. "Electric rideshare drivers cut emissions up to four times more than regular motorists, but many lack off-street parking and home charging options. itselectric is innovating to address this and expand overnight curbside charging, helping more drivers confidently go electric, ease range anxiety, and boost earnings potential." “itselectric is revolutionizing urban infrastructure,” said Jesse Draper founding partner, Halogen Ventures. “Their mission to bring highly accessible curbside charging combined with economic benefits to urban communities, offers an innovative solution for a problem we need to urgently solve. We’re incredibly excited about itselectric as they expand across cities to make sustainable transportation a reality across the nation” Read the full story in Fortune https://lnkd.in/e7DuKYNf
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Snap-E Cabs, the eco-friendly EV ride-hailing platform, has raised $2.5 million in a Pre-Series A Round led by Inflection Point Ventures. The company plans to allocate funds towards talent acquisition, tech upgrades, introduction of new tech-enabled services, and expansion into additional geographies. With a focus on decarbonizing transportation, the Indian government's enabling policies have made the environment conducive for e-mobility in the EV sector, as stated by Rahul Wagh Managing Director of Inflection Point Ventures. #EVs #GreenTransportation #Sustainability MOVE: Mobility Re-imagined https://lnkd.in/epA7tTVk
EV ride-hailing Snap-E Cabs raises $2.5 million in pre-series A round led by Inflection Point Ventures
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Big news for Aptera Motors! 🚗🌞 The solar EV startup is teaming up with financial group US Capital Global for a $60 million investment round, aimed at kickstarting their low-volume production in early 2025. This partnership could be a game-changer, helping Aptera build prototypes for crash testing and eventually rolling out solar EVs to the market. The support for Aptera has been phenomenal, with over $135 million raised from a community of 17,000 investors. Securing this latest round of investment could be what the startup needs to unlock $35 million in additional grants and really hit their stride. This is an exciting moment, considering they already have over 48,000 pre-orders totalling $1.7 billion in potential revenue! The future looks bright for solar-powered transportation. What do you think about the future of solar EVs? 🌍✨ Share your thoughts in the comments below or visit netzeroevolution.com to join the conversation. #SolarEV #RenewableEnergy #SustainableFuture 🚀
Aptera partner US Capital Global leads $60M investment round to reach low volume SEV production
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Shell Ventures Leads $10.5M Investment in India’s FreshBus, Signaling Major Boost for Electric Mobility Shell Ventures, in collaboration with Maniv Mobility, Riverwalk, and Alteria, has invested $10.5 million in FreshBus as part of a Series A funding round, marking a significant step forward in India’s rapidly growing electric mobility sector. The investment, a combination of equity and debt, underscores the rising momentum in the Indian electric vehicle (EV) market, particularly in the bus segment. India’s EV market is experiencing exponential growth, with digitization, technological advancements, favorable government policies, and a strong push toward sustainability driving the trend. According to the World Resources Institute (WRI), the country’s EV adoption rate is three times faster than […] - https://lnkd.in/dk8A2WEB #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #electricmobility #electricvehicles #evmarket #freshbus #funding #india #shellventures
Shell Ventures Leads $10.5M Investment in India’s FreshBus, Signaling Major Boost for Electric Mobility
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🚨 🚗⚡ Charging Ahead in EV Tech! ⚡🚗🚨 AmpUp, a Santa Clara-based provider of electric vehicle (EV) charging platforms, just raised $15M in Series A funding! 💰 The round was led by Touchdown Ventures, with participation from Autotech Ventures, MUUS Climate Partners, Holman, The Goodyear Tire & Rubber Company, Foothill Ventures, Wex Ventures LLC Capital, TechNexus Venture Collaborative, Powerhouse Ventures, and Connecticut Innovations. 🚀 With this funding, AmpUp plans to: • Accelerate market expansion across North America 🌍 • Drive innovation in energy management solutions for EV charging 🔋 Led by CEO Tom Sun, AmpUp simplifies EV charging with smart technology that balances energy usage, helping build a cleaner, smarter grid. 🌱 Their network of thousands of charging stations serves top customers like JLL, CBRE, Domino's Pizza, Goodyear, Under Armour, Hilton, and more. 🏢⚡ New Board Members: • Greg Bergamesco, Managing Director, Touchdown Ventures • Ivy Nguyen, Principal, Autotech Ventures • David Jackson, COO, AmpUp AmpUp is revolutionizing EV infrastructure—stay tuned as they charge toward a sustainable future! 🚀🔌 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs #EVCharging #AmpUp #SeriesAFunding #CleanEnergy #SustainableTech #ElectricVehicles #TechInnovation #SmartGrid #FutureOfMobility #GreenTech #TechNews #FutureTechly
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What a blast! Energy Source is the first #startup from #Brazil to ever receive a venture investment from InMotion Ventures, JLR venture capital arm. What does Energy Source do? It's the world's first company to offer a comprehensive solution for repairing, reusing, and recycling #lithium #batteries. They have developed and implemented on an #industrial scale an innovative process to recycle batteries by dissolving them and separating the metals (lithium, cobalt, nickel...), which the company then sells to new users, providing a true #circular economy solution. This is much needed. This is #innovation in practice. This is #cleantech for today and the #future (yes, the future is electric). This is a great example of a LatAm #deeptech startup (attention Pedro LOPEZ SELA, Renato Grandmont, Eugenio Cantuarias, Sebastian Molina Gasman, CFA and team FrissOn capital) gaining traction and showing its global market potential. This arises from the combination of David Noronha's entrepreneurial spirit, #science being translated into a real #business application, and a lot of hard work. A big shoutout to you, David, Rogério Adelino and the whole team. I am super proud to be part of the journey with Tiago Brasil Rocha, Ricardo M Cavallo, & other GreenTech Angels & GreenTech América Latina colleagues. #entrepreneurship #energy #materials #criticalminerals #future
📢 INVESTMENT ANNOUNCEMENT 📢 Announcing our third #investment of the year, and our first portfolio company in Latin America. Welcome to the portfolio, Energy Source. End of life #battery management and lifecycle optimisation are two of the biggest challenges facing #manufacturers today. Energy Source are tackling these issues head on with a full-stack of post production services covering the repair, reuse and recycling of lithium-ion batteries. David Noronha and his #team are responsible for the first #sustainable EV charging station in Brazil. Their recent collaboration with JLR saw retired I-Pace batteries repurposed to capture and store solar energy, energy that is today used to charge #EVs at the LandRio dealership in Rio de Janeiro. Congratulations to everyone at Energy Source. This is an exciting step for us as we broaden our early-stage focus beyond the US and UK. We look forward to supporting the team as they expand their operations and global customer base. Via Tech Funding News https://lnkd.in/djXk8WCz #CVC #Innovation #Startups #Technology
InMotion Ventures' first investment in Brazil: $1.2M funding for tech startup focused on lithium battery sustainability — TFN
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Investment Banking at Barclays
2moSuper one Akash and Zypp Team ! Congrats and wishing the best