Amazon orders 100K electric delivery trucks from Rivian as part of going carbon neutral by 2040

Amazon will be stepping up its efforts to reduce its climate impact, CEO Jeff Bezos announced on Thursday. The company will be ordering 100,000 electric delivery trucks from Michigan’s Rivian as part of this commitment, Bezos said. The commerce giant will seek to meet its goal of becoming carbon neutral by 2040 – 10 years […]

SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation

Getaround, a car-sharing platform and winner of TechCrunch Disrupt New York Battlefield 2011, will enter the unicorn club with a roughly $200 million equity financing. The deal values Getaround, founded in 2009, at $1.7 billion, according to an estimate provided by PitchBook. Getaround declined to comment, citing internal policy on “funding speculation.” “Getaround and our […]

With Y Combinator’s seal of approval, MyPetrolPump raises $1.6 million for its car refueling business

Even before pitching onstage at Y Combinator, Indian car refueling startup MyPetrolPump has managed to snag $1.6 million in seed financing. The business, which is similar to startups in the U.S. like Filld, Yoshi and Booster Fuels, took 10 months to design and receive approval for its proprietary refueling trucks that can withstand the unique […]

Known for its electric scooters, Gogoro moves toward its future as a mobility platform

Since the launch of its first electric scooter in 2015, Gogoro co-founder and CEO Horace Luke has frequently been asked when the startup is going to expand beyond Taiwan. In its home country, Gogoro’s two-wheel vehicles, with their distinctive swappable battery system, are now the top-selling electric scooters. But Luke says the company has always […]

Higher Ground Labs is betting tech can help sway the 2020 elections for Democrats

When Shomik Dutta and Betsy Hoover first met in 2007, he was coordinating fundraising and get-out-the-vote efforts for Barack Obama’s first presidential campaign and she was a deputy field director for the campaign. Over the next two election cycles the two would become part of an organizing and fundraising team that transformed the business of […]

Paris clamps down on scooter startups

The City of Paris has had enough. There are currently 12 (yes, twelve) scooter startups in Paris. As reported by Le Monde, the mayor of Paris, Anne Hidalgo, announced in a press conference a series of restrictions to regulate the space. First, there are just too many scooter startups — Bird, Bolt, Bolt by Usain […]

DNA Script picks up $38.5 million to make DNA production faster and simpler

DNA Script has raised $38.5 million in new financing to commercialize a process that it claims is the first big leap forward in manufacturing genetic material. The revolution in synthetic biology that’s reshaping industries from medicine to agriculture rests on three, equally important pillars. They include: analytics — the ability to map the genome and […]

Corporations and private investors are backing new ‘green’ deals as climate worries mount

In the nine years since private equity and venture capital investments into sustainable technologies last crossed the $6 billion threshold, the problems caused by global carbon emissions have only intensified. Now, as the world confronts the reality that there’s not much time left to reverse course on carbon emissions and the impact they will have […]

Apple will donate money to rebuild Notre-Dame

In a tweet this morning, Apple chief executive Tim Cook said the company would be donating to rebuilding efforts to restore Notre-Dame. We are heartbroken for the French people and those around the world for whom Notre Dame is a symbol of hope. Relieved that everyone is safe. Apple will be donating to the rebuilding […]

Lyft’s IPO is hot, YC Demo Day, two new unicorns and what’s Boy Brow?

There were some edit issues in the initial publishing of this week’s Equity episode that have been corrected. The player below will play the corrected episode. Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate Clark and Alex Wilhelm took us through an IPO, […]