Parisian startup Shippeo raises €26.3M to help companies track road transport and provide more sustainable operations; here’s how

Shippeo

Paris-based Shippeo, a SaaS platform that provides real-time transportation visibility, has raised $ 32M (approx €26.3M) in a fresh round of funding. The round is co-led by Battery Ventures, (a technology-focused investment firm) and existing investors, including NGP Capital, ETF Partners, Partech, and Bpifrance Digital Venture. 

Use of the funds

Shippeo will use the current investment to strengthen its position in the market and continue to deliver product innovation.

Speaking on the development, founders Pierre Khoury and Lucien Besse of Shippeo, said, “Battery Ventures, founded in 1983, has a long track record of investing in prominent SaaS businesses in the US and Europe and partnering with management teams to help them grow their businesses smartly. With Battery’s industrial reach and strong experience in the technology sector, Shippeo will carry out its main objectives: strengthening its leading position in Europe and boosting its edge over its competitors.”

About Shippeo

The company was founded in 2014 by Pierre Khoury, Lucien Besse, David Barre, Jean-Bastien Dussart, Brice Hua, and Thibaut Morlot. 

Shippeo aims to build a data platform for the freight industry, by leveraging its growing network, real-time data, and AI to help supply chains deliver exceptional customer service and achieve operational excellence.

The company’s software-as-a-service (SaaS) platform offers an API that integrates transportation management systems as well as telematics products, ERP, and electronic logging device technology, among other data sources. This provides real-time location data, delivery tracking, and a proprietary algorithm to calculate a shipment’s Estimated Time of Arrival (ETA).

Shippeo claims to have tracked more than 140,000 deliveries per month throughout Europe for companies such as Leroy Merlin, Saint-Gobain, and Faurecia.

Solving the pain-point of the freight industry

Due to the Covid-19 scenario, the need for supply-chain visibility has been increasing more than ever. With many countries in lockdown and with unpredictable border closures, companies with advanced visibility solutions have managed to reduce the transport delays and operational inefficiencies.

Beyond tracking shipments, visibility platforms now give supply chains the data-driven transparency to meet various customer demands in uncertain and challenging market conditions.

And supposedly, this is where Shippeo stepped in and claims to have more than doubled its subscription revenues year on year.

Companies using Shippeo’s platform can now identify every pain point and inefficiency end-to-end across their global logistics operations and take action to optimise their processes. This results in lower transportation costs, increased customer satisfaction, and more sustainable operations.

Recent development

Just last October, Shippeo acquired the French company oPhone, bringing major customers in the retail and manufacturing sectors in its community. And now, the company’s total workforce has more than doubled, totaling 160 employees, of which 45% work in R&D.

In February 2020, Shippeo raised €20M in its Series B round led by NGP Capital and ETF Partners, with participation from Bpifrance Digital Ventures and Partech.

Prior to that, the company has raised €10M (2017) in Series A round from Otium Capital and Partech. In 2016, it raised €2M in its Seed round from Otium Capital, and in 2015 it raised its pre-Seed round funding of €90K.

Startups – Silicon Canals

London-based cleantech startup Sunswap secures €420k grant funding for its zero-emission transport refrigeration units

The cleantech startup Sunswap has successfully secured two Innovate UK grants worth €420K (£376k), working in partnership with Imperial College London and Cenex, to develop their zero-emission transport refrigeration technology. Founded in the beginning of 2020, Sunswap is building new technology to create zero-emission transport refrigeration products that reduce noise and air pollution. The majority of transport…

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EU-Startups

Transport for London launches competition to select e-scooter operators for year-long rental trial

As e-scooter rentals are on the rise, the Transport for London (TfL), London Councils and London’s boroughs are working on plans for a trial of rental e-scooters in the city. The intention behind the trial is to promote safety standards and develop a better understanding of the impact of the emerging mode of transport on the roads of London.

A new competition has been launched and it is open to all e-scooter operators. Of these operators, three of them will be selected to participate in the 12-month trial that is set to debut in spring 2021. As per the guidance issued by the Department for Transport (DfT) this summer, it lets local authorities in the UK to trial e-scooter rentals. Going by these changes, the use of privately owned e-scooters on public roads remains illegal and uncovered in the UK. Furthermore, the Metropolitan Police will continue to engage with e-scooter riders and enforce the legislation regarding the use of privately owned e-scooters.

Encourages sustainability and safety

The trials of e-scooter rentals in the UK will enable people to use greener forms of transport and help avoid a car-led and damaging recovery from COVID-19 that could increase congestion and make air quality worse. Besides sustainability, the coordination of TfL, London Councils and the boroughs promotes safe and consistent standards across a geographically limited and defined trial area on the streets of London.

Michael Hurwitz, TfL’s director of Transport Innovation says, “Safety will be our number one priority during this e-scooter rental trial, which will be critical to providing us the data and insights we need to determine whether e-scooters are a viable part of a greener and healthier future for London. We’ll continue to take the interests of all Londoners into account as we work towards starting the trial next year.”

Boroughs can be involved in the trial, which is believed to be the largest in the UK and provide valuable data to understand the impact of e-scooters on the way people travel. Initially, around one-third of London’s boroughs have expressed their intention to join the trial and more are likely to join later.

Operators that take part in the selection process will be estimated on their ability to meet strict safety requirements and high operating standards. These operators have to provide important data to TfL and the boroughs to understand the impact of e-scooters on the transport goals of the city, including Vision Zero, which is a shift towards walking, cycling, and public transport. With this data, DfT will be able to bring in new legislation in the industry.

Brings in restrictions

Boroughs will control parking locations so that there is no street clutter. Also, it will be able to assign specific areas as ‘no-go areas’, where e-scooters aren’t allowed and will automatically come to a safe stop. It will also assign ‘go-slow areas, where the speed of e-scooters will be limited to 8mph. Like the other vehicles, e-scooters will also be banned from riding on pavements but will use the same space as bicycles.

TfL, London Councils, and boroughs will work closely with stakeholders including TfL’s Independent Disability Advisory Group to make sure that the trial meets the requirements of all living in, working in, and visiting the trial areas.

As of now, there is no word on the number of e-scooters that will take part in the trial but it is expected to be between 60 and 150 e-scooters per borough. Notably, the e-scooters will be able to move freely in the trial areas. Those operators who demonstrate strong performance and compliance will be able to increase the number of e-scooters in their fleet, while those who don’t may have to reduce their fleet size.

Sweden-based e-scooter company Voi welcomed the start of the tender process to run e-scooter trials in the capital. “London will need an operator with strong experience. At Voi, we have experience operating in more than 50 European cities across Europe and the U.K., from Berlin to Rome or Northampton. We know how important it is to create bespoke solutions for each one of them and we share the same commitment to safety. Micromobility has a key role to play in helping London ride the way to a green economic recovery while keeping the pledge to ‘Vision Zero, a vision that was born in Sweden,” says Fredrik Hjelm, Voi’s CEO, in a statement released by the company.

Mayor Philip Glanville, chair of London Councils’ Transport and Environment Committee says, “Running the trial safely is vital and operator performance will be regularly reviewed. All companies applying to join the trial will need to demonstrate they have plans in place to keep our streets clear and protect riders, pedestrians and other road users – including more vulnerable Londoners.”

Stock photo from Milkos/Deposit Photos

Startups – Silicon Canals

UK battery startup Zenobe Energy raises €167.6M to help transport and energy sectors combat climate change

Zenobe

European countries are doubling down on their efforts for creating a sustainable and carbon-neutral economy. According to the EEA, “The European energy system is undergoing rapid changes to set the EU economy on a low-carbon and resource-efficient path. Renewable energy is instrumental to this transformation. EU efforts to double the share of renewable energy in its consumption have paid off, having reduced significantly the amount of fossil fuels used and their associated greenhouse gas emissions.”

A number of European startups are also playing their part in helping the EU achieve a sustainable future. UK-based battery storage and electric vehicle operator Zenobe Energy is one such example. It recently raised £150M (approx €167.6M) in a fresh round of funding from Infracapital, the infrastructure equity investment arm of investment manager M&G. 

About Zenobe Energy

Founded in 2017 by Steven Meersman, James Basden, and Nicholas Beatty, Zenobe Energy provides intelligent flexible power solutions to commercial electric vehicles (EV) fleet operators, utility & infrastructure, and industrial & commercial businesses all the while maintaining the environmental benefits.

The company’s battery storage services help clients manage power more effectively so they can lower costs, improve resilience, and reduce their environmental impact.

Besides, the company also operates and owns its battery storage with 170MW (MegaWatt) of contracted storage assets, about 20% market share of the EV bus sector, its own proprietary software, and a large portfolio of projects still in process.

How will the fresh funds be utilised?

Combined with debt facilities, Zenobe estimates that this will allow it to deploy around £450M (approx €502.6M) in these sectors, further accelerating the use of batteries to support renewable power generation and electrification of vehicle fleets in the UK and overseas.

With this fresh investment Zenobe aims to help the transport and energy sectors to address key challenges associated with climate change. The raised capital will also help support the growth of Zenobe’s grid-scale battery services and electric vehicle, as well as charging infrastructure services.

Moreover, the funding will enable Zenobe to support customers with at least 500 MWh of additional grid-connected batteries, and up to a further 1,000 electric buses or vehicles and associated infrastructure software systems over the next 18 to 24 months.

Focus on innovation and development

The proprietary software and hardware systems help Zenobe to integrate different assets and operating models to provide lower costs and enhanced resilience to its customers. Also, the company claims to improve returns for customers who own their own generation assets.

The company has 170MW of grid-scale batteries in operation or construction across the UK, including the largest BYD and Tesla installations in the UK. It also owns batteries providing flexible power solutions to bus operators and have a pipeline of projects in the UK and abroad.

Nicholas Beatty, the founder of Zenobe Energy, says, “By driving the adoption of batteries across the transport, infrastructure and utility sectors, we will help accelerate the uptake of renewable energy, ultimately enabling the transition to a green energy system, both in the UK and internationally.”

As per the company, in the transport sector, it supports over 100 electric buses and is in talks with operators to support another 250 EVs by summer 2021. 

The company also claims to provide end-to-end services to the EV fleet operators including the design, installation, financing, and operation of electric charging infrastructure in the depot. Besides, it also offers the financing and optional replacement of the battery in the EV, as well as of its non-battery components.

Zenobe’s previous fundings

To support its EV fleet business, the company has previously raised investment from:

  • NatWest Group (£20M – approx €22.3M) in June 2020
  • From JERA Storage BV, £25M (approx €27.9M) – first non-recourse debt facility in 2019
  • From Santander Group, £25M (approx €27.9M) – first non-recourse debt facility in 2019
  • £40M (approx €44.6M) of equity from private investors and infrastructure investor Tiger Infrastructure Partners LP in 2017

Image Credit: Zenobe Energy

Startups – Silicon Canals

UK battery startup Zenobe Energy raises €167.6M to help transport and energy sectors combat climate change

battery

European countries are doubling down on their efforts for creating a sustainable and carbon-neutral economy. According to the EEA, “The European energy system is undergoing rapid changes to set the EU economy on a low-carbon and resource-efficient path. Renewable energy is instrumental to this transformation. EU efforts to double the share of renewable energy in its consumption have paid off, having reduced significantly the amount of fossil fuels used and their associated greenhouse gas emissions.”

A number of European startups are also playing their part in helping the EU achieve a sustainable future. UK-based battery storage and electric vehicle operator Zenobe Energy is one such example. It recently raised £150M (approx €167.6M) in a fresh round of funding from Infracapital, the infrastructure equity investment arm of investment manager M&G. 

About Zenobe Energy

Founded in 2017 by Steven Meersman, James Basden, and Nicholas Beatty, Zenobe Energy provides intelligent flexible power solutions to commercial electric vehicles (EV) fleet operators, utility & infrastructure, and industrial & commercial businesses all the while maintaining the environmental benefits.

The company’s battery storage services help clients manage power more effectively so they can lower costs, improve resilience, and reduce their environmental impact.

Besides, the company also operates and owns its battery storage with 170MW (MegaWatt) of contracted storage assets, about 20% market share of the EV bus sector, its own proprietary software, and a large portfolio of projects still in process.

How will the fresh funds be utilised?

Combined with debt facilities, Zenobe estimates that this will allow it to deploy around £450M (approx €502.6M) in these sectors, further accelerating the use of batteries to support renewable power generation and electrification of vehicle fleets in the UK and overseas.

With this fresh investment Zenobe aims to help the transport and energy sectors to address key challenges associated with climate change. The raised capital will also help support the growth of Zenobe’s grid-scale battery services and electric vehicle, as well as charging infrastructure services.

Moreover, the funding will enable Zenobe to support customers with at least 500 MWh of additional grid-connected batteries, and up to a further 1,000 electric buses or vehicles and associated infrastructure software systems over the next 18 to 24 months.

Focus on innovation and development

The proprietary software and hardware systems help Zenobe to integrate different assets and operating models to provide lower costs and enhanced resilience to its customers. Also, the company claims to improve returns for customers who own their own generation assets.

The company has 170MW of grid-scale batteries in operation or construction across the UK, including the largest BYD and Tesla installations in the UK. It also owns batteries providing flexible power solutions to bus operators and have a pipeline of projects in the UK and abroad.

Nicholas Beatty, the founder of Zenobe Energy, says, “By driving the adoption of batteries across the transport, infrastructure and utility sectors, we will help accelerate the uptake of renewable energy, ultimately enabling the transition to a green energy system, both in the UK and internationally.”

As per the company, in the transport sector, it supports over 100 electric buses and is in talks with operators to support another 250 EVs by summer 2021. 

The company also claims to provide end-to-end services to the EV fleet operators including the design, installation, financing, and operation of electric charging infrastructure in the depot. Besides, it also offers the financing and optional replacement of the battery in the EV, as well as of its non-battery components.

Zenobe’s previous fundings

To support its EV fleet business, the company has previously raised investment from:

  • NatWest Group (£20M – approx €22.3M) in June 2020
  • From JERA Storage BV, £25M (approx €27.9M) – first non-recourse debt facility in 2019
  • From Santander Group, £25M (approx €27.9M) – first non-recourse debt facility in 2019
  • £40M (approx €44.6M) of equity from private investors and infrastructure investor Tiger Infrastructure Partners LP in 2017

Image Credit: Zenobe Energy

Startups – Silicon Canals

Land Border Permit: BUA also given approval to transport cement to Niger Republic – Nairametrics

Land Border Permit: BUA also given approval to transport cement to Niger Republic  Nairametrics
“nigeria startups when:7d” – Google News

Uber rival ViaVan partners with Zurich Transport Authority to launch Zurich’s first on-demand public transport service

ViaVan

Zurich Transport Authority (VBZ), along with the Traffic Department, Civil Engineering Office of the City of Zurich, and ViaVan (a startup that provides on-demand shared transit services in Europe), have together launched ‘Pikmi’, the first on-demand public transport service in the city of Zurich.

Why Pikmi?

This programme, designed as an 18-month pilot trial, was initiated as there is less availability of traditional public transport in the evening hours – from 8 PM to midnight. Currently, ‘Pikmi’ is live in Zurich quarters of Altstetten and Albisrieden, as well as Triemli and Hardplatz transport hubs. Within this area, Pikmi enables new and quick connections to public transport.

“The pilot project, which is part of the city’s strategic focus areas, is another step for Zurich towards becoming a smart city,” says city councilor Michael Baumer, head of the Industrial Companies of the city of Zurich.

Pikmi via ViaVan’s technology

Users can book trips via Pikmi’s mobile app that uses ViaVan’s technology. The app shows passengers the expected waiting time until pick-up and the route to the nearest stop. ViaVan’s technology matches multiple passengers headed in a similar direction into a single vehicle and calculates the most efficient route in real-time.

Image credit: ViaVan

With every journey, there is a possibility that the route will be slightly adjusted, as an additional passenger may join the ride.

To use Pikmi, passengers need a ticket for the city of Zurich (Zone 110) or a corresponding subscription. With the dynamic routing of ViaVan, the new offer also enables new cross-connections in the district, from Triemli to Altstetten, for example.

By introducing a new flexible mobility concept, VBZ wants to react to changing public transport usage habits and provide a customer-friendly offering.

According to The evening buses are fully integrated into the public transport zone tariff so that passengers do not have to buy an additional ticket for the journey.

“Flexible, shared mobility solutions like Pikmi can expand access to public transport and thus create a long-term alternative to private transport,” says ViaVan CEO Chris Snyder. “ViaVan’s algorithm enables fast and efficient shared journeys that avoid unnecessary detours and long wait times, and at the same time reduce traffic and emissions.”

Pikmi’s stops and new connections

In comparison to regular public transport, Pikmi does not operate on predefined routes or schedules. With the existing VBZ stops in the operating area, about 150 additional “virtual bus stops” that do not require any additional infrastructure will be added.

The information about the location of each virtual bus stop will be provided to users as and when they prepare for pick-up through the Pikmi app.

“Thanks to the dense network of stops, the next Pikmi stop for our customers is right around the corner,” says VBZ Director Guido Schoch. “VBZ wants to find out whether this innovative offer can attract additional customers.”

Mobility is the vehicle provider for Pikmi. The company already uses the shuttles elsewhere during the day, and for the Pikmi service between 8 p.m. and midnight.

“We want to use our car sharing vehicles as efficiently as possible. Since Mobility’s booking frequencies are lower at night, mixed operation makes sense,” explains Mobility Managing Director Roland Lötscher.

According to ViaVan, since the vehicles will be integrated into Mobility’s existing fleet after the pilot project has been completed, they are not equipped for transport for people in wheelchairs due to the limited usage time. VBZ is, therefore, working with the Disabled Transport Foundation Zurich (BTZ) to serve the booking inquiries by all customers.

COVID-19 protection

Since the vehicles are shared, the national protection concept for public transport under COVID-19 applies: Masks are required in the vehicles. Additionally, seat capacity will be limited to a maximum of three out of the total five seats to allow for more distance between the passengers.

(Image credit: VBZ, Patrick Mattes)

About ViaVan

The company was founded in 2017 as a joint venture between Via – a developer of dynamic shared ride technology, and Mercedes-Benz Vans – manufacturer of passenger and cargo vans.

ViaVan is the provider of on-demand shared transit services in Europe. It works closely with cities and public transit operators, and powers mobility services with existing transportation infrastructure.

It already works with transport authorities and cities across Europe, including Berliner Verkehrsbetriebe (BVG) in Berlin and Empresa Municipal de Transportes de Madrid (EMT Madrid), to expand access to on-demand public transport. 

Through their partnership, Mercedes-Benz Vans and Via are also collaborating on the development of advanced mobility solutions, from sensor technology to electric vehicle fleet management, to autonomous driving. 

According to the company, with more than 150 launched and pending deployments on six continents, Via and ViaVan have provided more than 80 million rides to date. Pikmi is ViaVan’s first service in Switzerland.

Image credit: ViaVan

Startups – Silicon Canals

“Transport will go electric and autonomous over the next 10 years”: Interview with Irish energytech serial entrepreneur Norman Crowley

Energy comes in many forms. Humans have learned to harness the power of fire, water, air and exploit resources in the ground. In a modern world, energy technology allows us to power everything from our houses, to transport, to our phones. It connects us and allows us to share information across the world in a…

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[Virgin Hyperloop One in THE VERGE] Virgin Hyperloop selects West Virginia to test its futuristic transport system

Virgin Hyperloop One announced its plan to build a $ 500 million certification center to advance its vision of the future of high-speed transportation in West Virginia. The state will serve as a locus for testing, developing, and validating the technology that underpins the still-theoretical hyperloop system.

Read more here.

The post [Virgin Hyperloop One in THE VERGE] Virgin Hyperloop selects West Virginia to test its futuristic transport system appeared first on OurCrowd Blog.

OurCrowd Blog

Dutch scaleup Carver launches electric cargo vehicle for emission-free urban logistics; can transport cool or warm products

Most Dutch cities and municipalities including Rotterdam, Utrecht, Groningen, and Nijmegen intend to achieve completely emissions-free city logistics by 2025. This would require delivery vans and trucks would have to tread the electric route, rather than relying on fossil fuels. This is why Carver, a Dutch company, has developed a sustainable alternative to vans and delivery scooters.

Electrifying logistics

At the EV Experience event at the Zandvoort circuit, the Dutch scaleup Carver launched an electric cargo vehicle called Carver Cargo. According to the company, this solution has been developed for emission-free urban logistics that will revolutionise freight transportation and bring about a sustainable city centre.

The Carver Cargo lets users transport cool or warm products. The vehicle has an insulated cargo capacity of 500 litres and can travel at a speed of 45 kmph. Notably, Carver Cargo comes as a rival to the Renault Twizy Cargo, which has a relatively smaller luggage space.

Priced at €9,980, the new Carver Cargo has the unique DVC tilting system. In order to overcome the problem of a narrow vehicle cornering without tipping over, Carver came up with the Dynamic Vehicle Control (DVC) system which automatically adjusts the tilt angle of the cockpit to the speed and acceleration of the vehicle.

“The Cargo is only 98 cm wide. Due to the unique tilting technology, driving through the city center was never easier. You are not obstructing traffic anymore when you are delivering, and parking problems are a thing of the past,” says the company.

About Carver

Carver is a Dutch manufacturer of sustainable mobility solutions. The company’s headquarters and assembly plant are located in Leeuwarden, the Netherlands, whereas its research & development activities take place in Gravendeel – a town in the Netherlands.

Apart from the recently launched Carver Cargo, the company offers three other variants – Carver, Carver Comfort, and Carver Sport. All these vehicles have a range of 100 Kms and are powered by Lithium Iron Phosphate batteries with a capacity of 5.4 kWh. These batteries can be fully charged in about 5.2 hours. These vehicles can accelerate from 0 to 45 kmph in 8 seconds. Carver also offers corporate and private leasing options – starting from approx €129 per month.

Main image picture credits: Carver

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Startups – Silicon Canals