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E-mobility startup Greyp partners with blockchain groups to build automatic payment system

Greyp, electric bike manufacturer and mobility tech startup, has teamed up with two blockchain groups, slock.it and the Energy Web Foundation (EWF), to develop an automatic payment system for IoT vehicles.  Such payments will begin as machine-to-machine transactions, such as tolls, rentals, and renewable charging services, and will include cryptocurrency options. Proofs of concept for […]

Israeli startup TriEye scores $19 million in Series A funding and a strategic investor in Porsche

TriEye, whose Short-Wave-Infra-Red (SWIR) sensing technology enables vision in adverse weather and night-time conditions, has expanded its Series A round, led by Intel Capital, to $19 million with an investment from the German car manufacturer Porsche. The additional funding will be used for ongoing product development and operations, as well as team growth. Founded in […]

Berlin-based AI startup XAIN secures funding in crypto from a strategic investor

XAIN, a Berlin-based AI company known for partnering with Porsche to become the first to put blockchain technology into a car, has raised funding in cryptocurrency from IOTA co-founder Dominik Schiener. Schiener’s contribution is one of the first major crypto investments of its kind and adds to the trend of venture capital funding through cryptocurrency. The […]