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Swedish company Candela will launch its 30-passenger commercial hydrofoil shuttle, the P-12, this summer — the vessel it believes will change the course of motorized water transport. Following on from its C-7 and C-8 leisure cruisers, Candela has already been making waves with its drive to transition to fossil-free waterways. “We are now heavy into […]
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The last time hydrogen-laden flying vessels zipped around the heavens didn’t end all that well, but that isn’t stopping Heven Drones from fueling up its H2D55 drone. The company claims the octacopter can fly for over an hour and a half, with a payload of 7 kg (15 lbs). The drones are built to spec, and […]
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Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures, the venture capital arm of Saudi Aramco, marking the VC firm’s first investment in Asia. The Japan-headquartered company, which builds drone software, hardware and uncrewed aircraft traffic management software, said the new capital brings its total raised to $97 […]
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Before starting Electric Era, Quincy Lee was one of the chief mechanical engineers at Space X. He got bored of doing space stuff when the climate crisis was happening down here on Earth and decided to do something about one of the biggest challenges with the adoption of electric vehicles: Distributed high-speed charging infrastructure. Crappy […]
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Nvidia is gearing up to deliver Drive Thor, its next-generation automotive-grade chip that the company claims will be able to unify a wide-range of in-car technology from automated driving features and driver monitoring systems to streaming Netflix in the back for the kiddos. Thor, which goes into production in 2025, is notable not just because it’s […]
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As evidenced by recent layoffs and scaled-back expansions, on-demand delivery is a challenging space. Brands, retailers and operators push to deliver with maximum efficiency, a strategy that’s led within the past several years to the rise of “dark stores.” A dark store, also known as a micro-fulfillment center, is a small, local store without the […]
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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
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Do you want to run an “easy” startup? Be a coder, and realize that some aspect of your workflow is needlessly complicated. Create a tool to fix that, and spin it out as a dev-tools company. Get your first 100 customers from all of your friends, then raise $5 million to sell it to everyone […]
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Since the start of the pandemic, the global supply chain has undergone — and is undergoing — immense strain. As of late last month, there were more than 300 ships in China waiting to load up and head to the U.S., Cargomatic’s Weston LaBar told NPR’s Marketplace. Meanwhile, warehouse space remains at a premium. Experts […]
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The United States Department of Defense is deepening its relationship with electric vertical take-off and landing (eVTOL) aircraft company Joby Aviation. Joby said Wednesday that it is expanding its existing contract with the U.S. Air Force’s Agility Prime program, which is an initiative the Air Force launched in April 2020 to test, experiment and generally […]
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