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This latest round of crowdfunding, which consisted of 500 investors, will help scale the startup’s market and further develop its keyless tech.
Read More →The Automated People Mover is the centerpiece of the Landside Access Modernization Program (LAMP), which also includes a Consolidated Rent-a-Car ConRAC facility.
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Revenue from the tax increase, estimated to be $3 million annually, will help fund the Birmingham Jefferson Civic Complex project.
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The surcharge is projected to fund about $14.1 million of the $54.8 million total revenue from the Arizona Sports and Tourism Authority for the fiscal year.
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Splend rents vehicles to Uber drivers who don't own their own cars.
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CarHopper, a luxury vehicle rental booking platform, has closed $1.5 million in seed funding to fuel its launch into four new markets, including Los Angeles, Las Vegas, Miami, and San Francisco.
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Turo, a peer-to-peer carsharing marketplace, has raised $92 million in funding from Daimler and other investors. Turo also acquired Daimler's Croove, a peer-to-peer carsharing service in Germany.
Read More →eHi Car Services Limited, a car rental and car services provider in China, has completed an offering of $400 million aggregate principal amount of its senior unsecured notes.
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NewSpring Capital, a family of private equity funds providing growth and expansion capital, has led a $25 million investment in Fox Rent A Car Inc.
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Getaround Inc., a peer-to-peer carsharing platform, has raised $45M in new capital. With this capital, it plans to expand to additional North American markets.
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