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Lyft ridesharing service, part-owned by GM, said to raise half a billion dollars more

Lyft ridesharing service, part-owned by GM, said to raise half a billion dollars more

Lyft has reportedly raised a new round of funding to support its on-demand ride hailing service. It’s believed that investors have put $500 million more into the company’s coffers, probably invigorated by its recent market growth and Uber’s stumbles. A Lyft spokesperson declined...

April 12, 2017
 
2014 BMW i3 REx owned by Tom Moloughney

Samsung Buys Battery Business From Magna To Boost Electric-Car Capabilities

Samsung is making bigger moves into the electric vehicle (EV) realm with news that its “materials and energy” subsidiary Samsung SDI has acquired the battery pack... read more February 27, 2015


 
Henrik Fisker

Is Fisker The Most Tragic VC-Backed Debacle In Recent History?

In January 2005, legendary car designer Henrik Fisker founded a company to bring innovative new thinking to the automobile industry. Between that date and today, Fisker... read more April 18, 2013


 
Ford Escape Hybrid Taxi

UberX Service Offers Hybrid Cars, Lower Fares In NY, San Francisco

A car service, not for the rich, but for the rest of us. It’s a novel idea, and its time has come, thanks to on-demand car service startup Uber, which will soon start... read more August 10, 2012


 
2013 Mercedes-Benz G63 AMG

Ride-Sharing Company 'Carpooling' Targets U.S. With Daimler Dollars

Being a backseat driver may no longer be a bad thing. Luxury car brand Daimler AG just invested an undisclosed amount in ride-sharing startup Carpooling. Although Munich... read more August 9, 2012


 
Solar Panels by Flickr user Chandra Marsono

Goodbye, Solar? Greentech Investors Shift To Electric Cars, Consumer Tech

The green technology investing boom has slowed. But if you ask investors, greentech isn’t disappearing, it’s just changing. Between 2006 and 2007, cleantech and... read more June 27, 2012


 
Algae [source: VentureBeat]

Sapphire Energy Gets $144 Million To Turn Algae Into Gasoline

Sapphire Energy, a company that creates algae-based fuel, just announced a whopping $144 million in funding. In recent years several startups have emerged to create fuel out... read more April 16, 2012


 

 
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