Aurora Labs raises $2.7 million for its car software platform

Tel Aviv’s Aurora Labs has raised a $2.7 million seed round for its platform that delivers over-the-air (OTA) updates for car systems to reduce automotive software recalls. The funding comes from Maniv Mobility, MizMaa Ventures, Expansion Venture Capital, and Trucks Venture Capital. Aurora Labs is developing a “self-healing platform” for monitoring errors in a car’s […]

Argus Cyber Security acquired by German car maker Continental

Israel’s Argus Cyber Security, which specialises in security solutions for the automotive sector, has been acquired by German car parts giant Continental’s subsidiary Elektrobit (EB). No terms for the deal were disclosed. The pairing with Elektrobit (EB) will focus on cybersecurity for connected vehicles. Argus has previously worked on a number of partnerships with car […]

Amsterdam’s Bolt raises €3 million for its electric powered scooters

Dutch startup Bolt Mobility, which builds electric scooters, has raised €3 million through equity crowdfunding platform Seedrs. According to Bolt, which makes internet-enabled clean energy scooters, the campaign was oversubscribed “by over 200%” with 2,000 investors taking part in the UK and the Netherlands. The new funds will be invested in releasing its AppScooter model […]

Shell acquires Dutch electric vehicle charging network NewMotion

Amsterdam’s NewMotion, a provider of electric vehicle charge points, has been acquired by Shell. No terms were disclosed. NewMotion, launched in 2009, is one of the largest networks of electric vehicles charging locations in Europe. Its technology will now be integrated into Shell’s business, including its retail locations around the continent. “We are very pleased […]

Berlin’s Blacklane acquires airport concierge service Solve

Berlin-based professional driver service app Blacklane has acquired airport concierge startup Solve for an undisclosed amount. Solve, originally founded in Las Vegas, was a platform for booking airport concierge services like curbside meet and greet, fast track access through security, and assistance with immigration or flight connections. It is active in 500 airports and will […]

French ridesharing app Heetch raises $12 million to rebuild its business

Paris-based ridesharing and carpooling app Heetch has raised $12 million despite authorities clamping down on its business model earlier this year. The investment is from Felix Capital, Alven Capital, and Via HD. It comes several months after the company was reprimanded by transport authorities for operating an unlicensed taxi service. It was fined over half […]

TankYou raises €1 million for its online car fuel sales service

French startup TankYou, which is trying to bring consumer car fuel sales online, has raised €1 million from several business angels, including David Amsellem, CEO of concierge service John Paul and Grégoire Lassale, CEO of cinema listings site AlloCiné. Founded last year, TankYou is a service that connects drivers with mobile petrol stations for the […]