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

Getaround, a used car marketplace and winner of TechCrunch Disrupt New York Battlefield 2011, will enter the unicorn club with a roughly $200 million

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Didi Chuxing to launch self-driving rides in Shanghai and expand them beyond China by 2021

Didi Chuxing will begin picking up ride-hailing passengers with self-driving cars in Shanghai in just a few months, according to company CTO Zhang Bo

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Rwanda to phase out gas motorcycle-taxis for e-motos

The government of Rwanda will soon issue national policy-guidelines to eliminate gas motorcycles in its taxi sector in favor of e-motos. The country’s president

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On-demand parking startup SpotHero raises $50 million

SpotHero, the Chicago-based company that has developed an on-demand parking app, has raised $50 million in a Series D round led by Macquarie Capital.

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SoftBank reportedly plans to lend employees as much as $20 billion to invest in its VC fund

SoftBank has a plant to loan up to $20 billion to its employees, including CEO Masayoshi Son, for the purposes of having that capital

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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

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SoftBank-backed Fair taps three executives to lead vehicle subscription app expansion

Fair, the vehicle subscription startup backed by SoftBank, is loading its executive team with veterans in the tech, venture and automotive industries as it

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

Nairobi based internet hardware and service startup BRCK and Egyptian ride-hail venture Swvl are partnering to bring WiFI and online entertainment to on-demand bus

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