Abacum, a SaaS maker geared toward upgrading midsized companies’ financial planning and analysis tools, has fast-followed the $7 million seed it raised in April with a $25 million Series A round
Spanish ride-hailing unicorn Cabify is getting into grocery deliveries as it looks to add another string to its multimodal mobility and urban utility bow. It announced the addition of a “Super&#
Micromobility vendors are keen to follow other industries into the subscription model for a few reasons: ease of scaling, return on investment and cost-per-mile to operate.
Cabify wants to own the way people in cities move. The Spanish-born ride-hailing company is rolling out a pilot multimodal subscription model to 40,000 users in Madrid this week, with plans to expand
HumanForest, a dockless, shared and ad-supported e-bike service which began trialling a service in London this June, has taken in its first tranche of external funding. The £1.8 million (~$2.3M) inve
Lana, a new startup based in Madrid, is looking to be the next big thing in Latin American fintech. Founded by serial entrepreneur Pablo Muniz, whose last business was backed by one of Spain’s l
Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank. This marks Tencent’s second round of
Because of its vast population distributed in more or less similar countries regarding language, culture and religion, Latin America is an especially compelling region for the emergence of super apps.
The wheels are turning on Didi Chuxing’s first major expansion in Latin America after the Chinese ride-hailing firm announced moves into Chile and Colombia to double its presence in the region.
The houses along the tree-lined blocks of Josina Avenue in Palo Alto, with their big back yards, swimming pools and driveways are about as far removed from the snarls of traffic, sputtering diesel eng
Madrid-based micromobility startup Movo has closed a €20 million (~$22.5M) Series A funding round to accelerate international expansion. The 2017-founded Spanish startup targets cities in its home m
Welcome back to the TechCrunch transportation newsletter; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. This is the fifth edition of our newsletter and we love the
Well that didn’t take long. Despite warning loudly and publicly that incoming changes to private-hire vehicle (VTC) rules in Catalonia would drive it out of Barcelona for good, and force it to f
Ford is partnering with what3words to give drivers access to the startup’s novel addressing system. Under the partnership, drivers will be able to connect to the free what3words app — on a
Uber is suspending its professional taxi service in Barcelona from tomorrow almost a year after it re-entered the Catalan capital. The move follows the regional government agreeing new regulations for
Catalonia’s regional government in Spain has agreed new rules to regulate the vehicle for hire (VTCs) sector that will require ride-hailing companies such as Uber and Cabify to substantially cha
Taxi drivers in major cities in Spain are on strike again to apply pressure for more stringent regulations to control app rivals such as Uber and Cabify which they view as unfair competition. In Barce
Sony’s venture capital arm has invested in what3words, the startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned a three-word address to each one. Financia
Adeyemi Ajao, the co-founder and managing director of Base10 Partners, was surprised to hear his firm's $137 million fund was the largest debut to date for a black-led venture capital firm. He and
As the number of competitors in the ride-hailing industry dwindles, geographic expansion is emerging as the next proving ground to determine who will be the victor in the ride-hailing market.