Japan’s Hitachi Rail will buy UK railway optimisation company Perpetuum

Japanese mobility company Hitachi Rail has agreed to acquire Perpetuum, a UK startup developing technology that digitises train maintenance and operations. The deal requires antitrust clearance but is expected to close this autumn. Perpetuum’s sensors use wireless condition monitoring to spot faults in critical train parts (such as wheel sets, gearboxes or motors) and have […]


Estonian fintech startup Planet42 raises €2.2 million to support mobility in emerging markets

Estonian startup Planet42, which combines fintech and mobility services in the South African market, has raised €2.2 million in seed funding. The round was led by Change Ventures and joined by private backers such as Martin Villig (Bolt), Ragnar Sass (Pipedrive), Marko Virkebau (MeetFrank), Kristjan Vilosius (Katana MRP) and other Estonian tech entrepreneurs. The company […]