Bolt

DiDi Chuxing expands to South Africa, to take on Bolt and Uber

Chinese ride-hailing company DiDi Chuxing has started operations in South Africa today, according to Reuters. Founded in 2012, the Beijing based company operates in more than 400 cities in China. It c

IFC backs Bolt with $24M to expand its transportation network in emerging markets

Bolt, an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up s

Fast raises $102M as the online checkout wars continue to attract huge investment

This morning Fast, a startup that provides online checkout and identity products, announced that it has closed a $102 million Series B. The new funding event was led by Stripe, a previous investor in

Checkout wants to be Rapyd and Fast

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. We’re back on this lovely Saturday with a bonus episode! Again! T

As 2020 ends, new unicorn formation continues to impress

Here in the final few working days of 2020, a surprising number of new unicorns have come to light. The mad scramble that investors are seeing in seed-stage startups appears to be reflected across the

Bolt adds $75M to its Series C, as the battle to rule online checkout continues

Bolt, a startup that offers online checkout technology to retailers, announced this morning that it has added $75 million to its Series C round, bringing the financing to a total of $125 million. West

Bolt raises $182M to expand its on-demand transportation network in Europe and Africa

In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and (mos

Bolt unveils its fourth-generation scooter

Bolt is best known for its ride-hailing service. But the company also operates an electric scooter service in 45 cities across Europe. Designed by the company’s in-house hardware team, the new model

HumanForest suspends London e-bike sharing service, cuts jobs after customer accident

U.K.-based startup HumanForest has suspended its nascent “free” e-bike service in London this week, after experiencing “mechanical” issues and after a user had an accident on o

Bolt launches electric bike-sharing service in Paris

Like other ride-hailing companies, Bolt has been suffering from the coronavirus-related lockdown and economic downturn around the world. But the company is trying to find another revenue stream by lau

This low-flying growth equity firm, with payments and logistics bets, just closed a $257 million fund

Activant Capital, a seven-year-old, Greenwich, Conn.-based growth equity firm that’s still making a name for itself, has managed to secure $257 million in fresh capital commitments, despite that

Bolt raises €50M in venture debt from the EU to expand its ride-hailing business

Bolt, the billion-dollar startup out of Estonia that’s building a ride-hailing, scooter and food delivery business across Europe and Africa, has picked up a tranche of funding in its bid to take

Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs

Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — wit

Startups BRCK and Swvl partner on free Wi-Fi for Kenyan ride-hail buses

Nairobi-based internet hardware and service startup BRCK and Egyptian ride-hail venture Swvl are partnering to bring Wi-Fi and online entertainment to on-demand bus service in Kenya. BRCK will install

Spacetech growth, the future of micromobility, and how to solve the hell of open offices

Is space truly within reach for startups and VC? With the 50th anniversary of the moon landing taking place this past week, Darrell Etherington takes a temperature check of the current state of spacet

Africa’s ride-hail markets are hot spots for startups and VC

When it comes to VC, vehicles, and startups, Africa’s ride-hail markets are becoming a multi-wheeled and global affair. The big players such as Uber and Bolt are competing in Kampala and Nairobi—w

Uber CTO says competing with Didi is ‘very healthy’ despite their complicated relationship

Competing with a company that counts you as an investor is hardly conventional — some might call it strange — but for Uber, it’s a situation that is not only normal, but essential. T

Uber rival Bolt has closed about $67M in funding at a $1B+ valuation

Uber and Lyft going public may have put closer public scrutiny on the economics of ridesharing, but it hasn’t had a chilling effect on the level of competition in the space. In the latest develo

Join raises $4M seed round to build a better construction planning platform

Startup Join wants to modernize the back office for an industry that’s everywhere, but maybe not top of mind, especially when it comes to project management software: Commercial construction. Th

Uber rival Bolt returns to London 21 months after a TfL investigation shut it down

Bolt, the Uber rival formerly known as Taxify, is taking a significant step this week in its effort to build out its transportation-on-demand business across the biggest cities in Europe and Africa, w
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