In a major blow to shared micromobility companies Lime, Dott and Tier, Paris has voted to ban rental e-scooters from their streets. Many in the industry fear the move in […]
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Back to news homeParis to hold vote on shared scooters
This weekend, Mayor of Paris Anne Hidalgo told Le Parisien that Parisians will get to vote whether they want to ban free-floating electric scooters or not. As I explained last […]
Scooters in Paris are at a crossroads
What is going to happen to the 15,000 colorful electric scooters that currently spill across the streets of Paris? On March 23rd, their fate could drastically change as the French […]
Micromobility in limbo: Takeaways from Paris and LA
Shared electric scooters came onto the scene five years ago with a promising vision of getting people out of cars and onto greener modes of transportation. Yet despite billions in […]
LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist
Saul Klein is a busy man. As co-founder, with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range of initiatives – […]
IFC set to invest $26M in Partech’s Africa Fund II
The International Finance Corporation (IFC), the private sector arm of Work Bank, plans to make an equity investment of up to €25 million ($26.43) into the Partech Africa Fund II […]
AiFi adds new funding into its cart to expand autonomous retail footprint
Contactless stores are gaining traction, more so in Europe, but there are some trickling into the U.S., including Atlanta’s Nourish + Bloom Market that opened in January. In that article, […]
Paris asks scooter sharing services to restrict speed to 10km/h
Riding a scooter in Paris will soon feel incredibly… slow. The City of Paris has announced that scooter sharing services should restrict the maximum top speed to 10km/h (that’s 6.2mph). […]
Pigment raises $73M to take on Excel and generic spreadsheet players in the world of business planning and forecasting
The last 20 months of living in the midst of Covid-19, with all its unexpected developments, have been a challenge for many organizations when it comes to planning for the […]
E-commerce logistics startup Hive buzzes following $34M investment
Berlin-based Hive announced $34 million in new investment Wednesday as it continues developing its technology that provides direct-to-consumer brands an alternative way to manage operations. The company was founded by […]