• About
  • Terms of Use
  • Privacy & Policy
  • Cookie policy
  • “press@ustechtimes.com”.
USTechTimes, Magazine & Review WordPress Theme 2017
  • Home
  • topics
    • All
    • AgTech
    • AI
    • Analytics
    • AR/VR
    • Biotech
    • Blockchain
    • Cars / autonomous vehicles
    • Clean tech / environment
    • Cloud infrastructure
    • Cryptocurrency
    • Data services
    • Developer tools
    • E-commerce
    • Education
    • Energy tech
    • Enterprise
    • Entertainment & sports
    • Security
    ZeroAvia Series C Funding Image: Revolutionizing Sustainable Aviation with Hydrogen-Electric Engines, Decarbonization, and Green Initiatives.

    ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation

    Linxup Fleet Management - $50M Runway Growth Capital Investment Fuels GPS Tracking and IoT Innovation for SMBs

    Linxup Secures $50M Boost from Runway Growth Capital for GPS Tracking and Fleet Management Excellence

    LucidLink-Series-C-Funding-Filespaces-Storage-Collaboration.

    LucidLink Secures $75M in Series C Funding for Revolutionary Storage Collaboration Platform

    Princeton NuEnergy, a lithium-ion battery recycling company raised $16M to drive its LPAS™ technology for advancing sustainable energy and clean-tech solutions.

    Princeton NuEnergy’s $16M Funding Sparks a Brighter Future in Lithium-Ion Battery Recycling

    Trending Tags

      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Consumer health & fitness
      • Consumer products
      • Cryptocurrency
      • Data services
      • Developer tools
      • Distributed workforce
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Fashion
      • Fintech
      • Food and beverage
      • Games
      • Gaming/eSports
      • Govtech
      • Hardware
      • Health & hospital services
      • Health IT
      • Human capital
      • Impact
      • Insurance
      • IoT
      • Local commerce
      • Lodging/hospitality
      • Logistics
      • Manufacturing
      • Marketing automation
      • Marketplaces
      • Material science
      • Media/content
      • Medical devices
      • Messaging
      • Network infrastructure
      • Parenting/families
      • Payments
      • Pharmaceuticals
      • Real estate/proptech
      • Retail
      • Robotics
      • SaaS
      • Sales and CRM
      • Security
      • SMB software
      • Social commerce
      • Social mobile
      • Space
      • Gaming/eSports
      • Travel
      • Games
    • Venture Capital
    No Result
    View All Result
    • Home
    • topics
      • All
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Cryptocurrency
      • Data services
      • Developer tools
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Security
      ZeroAvia Series C Funding Image: Revolutionizing Sustainable Aviation with Hydrogen-Electric Engines, Decarbonization, and Green Initiatives.

      ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation

      Linxup Fleet Management - $50M Runway Growth Capital Investment Fuels GPS Tracking and IoT Innovation for SMBs

      Linxup Secures $50M Boost from Runway Growth Capital for GPS Tracking and Fleet Management Excellence

      LucidLink-Series-C-Funding-Filespaces-Storage-Collaboration.

      LucidLink Secures $75M in Series C Funding for Revolutionary Storage Collaboration Platform

      Princeton NuEnergy, a lithium-ion battery recycling company raised $16M to drive its LPAS™ technology for advancing sustainable energy and clean-tech solutions.

      Princeton NuEnergy’s $16M Funding Sparks a Brighter Future in Lithium-Ion Battery Recycling

      Trending Tags

        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Venture Capital
      No Result
      View All Result
      USTechTimes - Leading Startup and Technology News in the United States
      No Result
      View All Result

      Electric Bike Delivery Startup Bolt Raises $2.5m

      USTechTimes Editor by USTechTimes Editor
      November 19, 2019
      Home topics Cars / autonomous vehicles
      Share on FacebookShare on Twitter

      Bolt, a San Francisco-based electric bike delivery company, announced that it has raised US$2.5 million in its seed funding round led by Maniv Mobility, a venture capital firm investing in automotive and mobility tech startups.

      The funding round for Bolt was also participated by European e-mobility venture capital firm Contrarian Ventures, individual VCs, and former executives of Deliveroo and Uber.

      Bolt was co-founded in 2018 by Mina Nada, former Deliveroo and Mobike executive, and Michael Johnson, former Bain & Co consultant. The startup was launched in Sydney but has moved its headquarters to San Francisco.

      The startup claims to be the world’s first platform offering logistics players Light Electric Vehicles as a Service. It provides vehicles on flexible subscriptions, including vehicle servicing.

      Following the US$2.5-million seed funding round, Bolt launched in the US the world’s first platform to offer an accessible Light Electric Vehicle solution for deliver couriers and businesses.

      “Being in the food delivery industry since its inception, we saw that Light Electric Vehicles were the real future of ‘last mile’ logistics, yet no one was offering the right vehicle, financing, or maintenance solution,” Nada, who is CEO and co-founder of Bolt, said.

      The company said couriers using its Light Electric Vehicles have up to 30 per cent more earning potential, enabling them to make more deliveries per shift, with Bolt’s servicing networking keeping them on the road for longer.

      The company seeks to increase its fleet to ten times its current size by 2020 and expand further into more cities in the US, UK, and Australia. Bolt currently operates in Sydney, San Francisco, London, and Melbourne.

      The funding comes at a time when the global on-demand food delivery market is forecast to grow by 32 per cent annually through 2021 to become a US$57.59-billion industry, according to a Technavio report.

      Maniv Mobility, the lead investor in the seed funding round, is venture capital firm investing in early-stage automotive and mobility technology startups. The firm is based in Tel Aviv, Israel.

      Related Posts

      • 2ndKitchen
        Foodtech Startup 2ndKitchen Secures US$4.35m to Further Expand in the US

        2ndKitchen, a food technology startup based in Chicago, has secured a total of US$4.35 million…

      • Eggroy
        Eggroy, a Korean Startup P&E Studio Creation, Hits 1 Million Views

        A Korean-made animation is poised to become a global hit after reaching a milestone of…

      Tags: Bike SharingBolt Bikes
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      Related Posts

      Linxup Fleet Management - $50M Runway Growth Capital Investment Fuels GPS Tracking and IoT Innovation for SMBs
      Cars / autonomous vehicles

      Linxup Secures $50M Boost from Runway Growth Capital for GPS Tracking and Fleet Management Excellence

      November 24, 2023
      Mapbox, Leading Location Platform for AI Integration
      Cars / autonomous vehicles

      Mapbox Secures $280 Million Investment to Drive AI Integration in the Automotive Industry

      September 21, 2023
      EV charging infrastructure provider startup TeraWatt bags $1 billion
      Cars / autonomous vehicles

      EV charging infrastructure provider startup TeraWatt bags $1 billion

      September 21, 2022
      Faraday Future delays launch of its debut EV FF91 citing a fund crunch
      Cars / autonomous vehicles

      Faraday Future delays launch of its debut EV FF91 citing a fund crunch

      July 27, 2022
      Rivian may become the biggest U.S.  market entrant on the IPO list this year
      Cars / autonomous vehicles

      Rivian gets a $1.5 billion incentive from the government for its manufacturing plant in Georgia

      May 5, 2022
      Ford drop its plan to jointly develop EV with Rivian
      Cars / autonomous vehicles

      Ford drop its plan to jointly develop EV with Rivian

      December 3, 2021

      Leave a Reply Cancel reply

      Your email address will not be published. Required fields are marked *

      No Result
      View All Result

      Trending Posts

      • ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation
        ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation
        by Catherine SueNovember 28, 2023
      • Software Investor Insight Partners Acquires IoT Security Firm Armis
        Software Investor Insight Partners Acquires IoT Security Firm Armis
        by USTechTimes EditorJanuary 8, 2020
      • Relay Network gets $30 million funding from LLR Partners
        Relay Network gets $30 million funding from LLR Partners
        by USTechTimes EditorDecember 8, 2019
      • NexPhase Sells Software Firm FAST to Verisk for $193.5 million
        NexPhase Sells Software Firm FAST to Verisk for $193.5 million
        by USTechTimes EditorDecember 8, 2019
      • Siemens Acquires Virtual Testing Software Firm MultiMechanics
        Siemens Acquires Virtual Testing Software Firm MultiMechanics
        by USTechTimes EditorDecember 4, 2019

      Products

      Apple 20W USB-C Power Adapter

      Apple MagSafe Battery Pack

      Apple AirPods Pro (2nd Generation) Wireless Earbuds

      Apple Lightning to USB Cable

      USTechTimes – Leading Startup and Technology News in the United States

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      More from our network


      • ktd

      • atd

      • itd

      • ktt

      • kgd

      • kpp

      • ktp

      • kpoppost

      • ustechtimes

      Categories

      • Accelerator
      • Animation
      • Apple
      • Applications
      • Artificial Intelligence
      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR

      FREE NEWSLETTER

       

      Follow Us

      • About
      • Terms of Use
      • Privacy & Policy
      • Cookie policy
      • “press@ustechtimes.com”.

      © 2023 ustechtimes.com

      No Result
      View All Result
      • Home
      • topics
        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Venture Capital

      © 2023 ustechtimes.com