Lithuanian company Trafi will bring Mobility-as-a-Service platform to Munich’s transportation system

Trafi, a Lithuanian mobility services startup, will help the main public transport agency in Munich, Münchner Verkehrsgesellschaft (MVG), to create and release a city-owned Mobility-as-a-Service program that connects public, private, and shared transportation options. In addition to traditional public transportation methods, city dwellers can choose from bike shares, scooters, ride-hailing apps, ride-pooling services — a […]


BlaBlaCar offers to acquire Busfor to expand bus service through Russia

BlaBlaCar, the world’s leading long-distance carpooling platform, announced that it has offered to acquire Busfor, Russia and Ukraine’s largest online bus ticketing platform. Just last year, BlaBlaCar expanded beyond car sharing to incorporate bus service, aiming to increase its hold on road mobility and satisfy more passengers. With 7,000 bus carriers, Busfor will cement BlaBlaCar’s […]

Finnish startup Revonte secures $2 million to ‘make e-bikes smart’

Tampere, Finland-based Revonte has raised a $2 million seed round following the recent public release of their first e-bike drive system, dubbed Revonte ONE. Founded in 2018, Revonte’s seed investment round was led by, joined by Butterfly Ventures and a group of angel investors, and brings the total investment to $2.4 million. The startup […]