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The European Investment Bank (EIB), is lending €34 million to German teledriving technology startup Vay to help it develop its operations in Europe.

Hyundai Motor Company (Hyundai Motor), has launched its original digital series, 'Cities in Motion' to highlight the innovative solutions that various cities are implementing to tackle urban environmental challenges.

Seaya Andromeda, a €300 million pan-European climate tech growth capital fund, has acquired a majority stake in Zyclora/Bike Ocasión (Zyclora), Spain’s refurbished bicycle omnichannel retailer and a major player in the European market.

Belgian e-bike manufacturer Cowboy, the world's most advanced e-bike, has raised €5 million financing round led by Cypress Capital.

Fleet, a modern commuter benefits management platform, has announced the close of its $2.5 million seed round led by Congruent Ventures with the participation of Great Oaks Venture Capital, Plug and Play Ventures, Rally Cap, and Virta Ventures.

Africa-focused electric mobility startup Ampersand, has raised a further $2 million in equity, bringing the funding total raised in the last 12 months to $21.5 million, demonstrating continued investor appetite for the company's approach to electrifying Africa's millions of motorcycles.

Clearly, a UK-based climate intelligence platform using AI to provide fleet operators with unique and critical trip-level emission and energy insights, has closed $4.3 million seed round.

The City of San José, California, has received $260k grant from Toyota Mobility Foundation (TMF), to explore advanced Artificial Intelligence (AI) and computer vision technologies to improve local traffic safety.

Cartken, known for its AI-based autonomy stack, announced it has closed $22.5 million in aggregate with $10 million in its latest financing round.

Walmart Canada has become the first major retailer in Canada to introduce a hydrogen fuel cell electric semi-truck to its fleet.

Global innovation platform, Plug and Play Japan, has selected 68 startups from Japan and overseas for the Summer/Fall 2024 Batch accelerator program, which will be carried out from June 2024 to September 2024.

Tri Ri Asset Management (TRAM), has announced a strategic investment from its flagship venture capital fund, the TRAM Venture Fund (TRAM VF), in OUNO, a pioneering executive ride-hailing platform headquartered in London.

Toyota Ventures, the early-stage venture capital arm of Toyota, announced two $150 million funds to expand its investments in startups developing disruptive technologies and business models at the forefront of innovation.

Maniv, a global venture capital firm based in Tel Aviv and NYC, announced the closing of its third fund, a $140 million vehicle to invest in seed and Series A stage startups that brings the firm’s assets under management to nearly $320 million.

The campaign implemented generative AI to create immersive visuals, putting a fresh twist on Hyundai Motor's vision on universal mobility for everyone.

Moove, the global mobility fintech that democratizes access to vehicle ownership for mobility entrepreneurs, announced it has raised $100 million in a Series B funding round, valuing the company at $750 million.

Uber remains the world's most valuable mobility brand, with a 28% increase in brand value to $29.7 billion, according to the latest report by Brand Finance, the global brand valuation consultancy.

It is also tapping into highly attractive additional profit pools as part of its transformation from legacy automaker to integrated mobility provider by further expanding its sustainable mobility business.

Hyundai Mobis is expanding its investments in global startups with core future mobility technologies. The strategy is to bolster competitive allies in specific areas.

Mecho Autotech, a Nigerian mobility startup providing quality automotive spare parts and vehicle repairs and maintenance services, announced it closed a $2.4 million pre-Series A investment round.

Under the CampX concept, startups with promising technologies for electric and autonomous vehicles and digital solutions are invited to collaborate with Volvo’s chief engineers and business experts during short validation projects at the CampX innovation hubs.