Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. As part of a new pilot program, Blade has given 200 people in San Francisco and Silicon Valley exclusive access to its mobile app, allowing them to book helicopters, private […]

Gates-backed Lumotive upends lidar conventions using metamaterials

Pretty much every self-driving car on the road, not to mention many a robot and drone, uses lidar to sense its surroundings. But useful as lidar is, it also involves physical compromises that limit its capabilities. Lumotive is a new company with funding from Bill Gates and Intellectual Ventures that uses metamaterials to exceed those […]

Indonesia’s Kargo comes out of stealth with $7.6M from Travis Kalanick, Sequoia and others

Travis Kalanick may be busy cooking up a cloud kitchen business, but that hasn’t stopped the former Uber CEO’s VC fund from making its first investment in Southeast Asia. 10100, the firm that Kalanick launched last year for investments in Asia, just took part in a $7.6 million seed round for Kargo, an early-stage “Uber […]

Populus raises $3.1 million to help cities make sense of shared scooters and bikes

Cities are seemingly down for this new era of transportation, which entails micromobility services and ride hailing, and operators are increasingly more down to share their data with cities. Now, cities just have to find out what to do with this data and how to extract learnings from it. This is where Populus comes in. […]

YC’s latest moonshot bet is a startup building a $380K ‘flying motorcycle’

David Mayman has a vision for personal aviation that he’s spent the past dozen years and millions of his personal fortune chasing. He hasn’t accepted the convention that jetpacks were just a misguided fantasy for the future; his company, Jetpack Aviation, has been building them and he’s been zooming around in publicity-grabbing stunts in a […]

Hammerhead raises $4.2M to build a smarter operating system for bikes

Hammerhead founder and CEO Piet Morgan is a bicyclist, and he started the company because he wanted a better navigation system. So Hammerhead crowdfunded its first product, the H1, and subsequently built Karoo, a “cycling computer” that supports navigation and training. But Morgan told me his ambitions are bigger than that. After all, he sees […]

Remix picks up $15 million to help cities make better decisions around transit

A San Francisco-based startup just raised $15 million to solve the complicated problem of transit infrastructure in urban environments. Remix was founded by Tiffany Chu, Dan Getelman, Danny Whalen and Sam Hashemi in 2014 following a project they built during their Code for America fellowships. The $15 million Series B round was led by Energy […]

Go-Jek pulls in $100M more for its massive Series F round

U.S. ride-hailing giants Lyft and Uber are going public in the U.S. imminently, but in Southeast Asia, the two largest on-demand companies are still madly fueling up on investment capital. The latest update to that story today saw Go-Jek, the Indonesian ride-hailing firm aiming to go regional in Southeast Asia, announce that it has pulled […]

Equity Shot: Lyft files to go public and we’re stoked

Hello and welcome to an Equity Shot, a short-form episode of the show where we dive into a single breaking news story. Guess what we’re talking about today?! It’s Lyft . You guessed correctly. The Lyft S-1 is the very first major S-1 event of 2019. As you might recall, the government shutdown gummed the […]

Lyft unveils its S-1 and nearly $1B in 2018 losses

The day has finally come. U.S. ride-hailing giant Lyft has unveiled its S-1, the official document required by the Securities and Exchange Commission to go public. The San Francisco-headquartered business will debut on the Nasdaq stock exchange under the ticker symbol “LYFT.” JPMorgan Chase & Co., Credit Suisse Group AG and Jefferies Financial Group Inc. […]