When Porsche partnered with venture studio Up.Labs, the mission was to create six startups over three years all designed to solve the German automaker’s biggest problems and be compelling enough as a standalone business it that can attract other customers. On Porsche’s list: software that...
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Metropolis, a startup building payment infrastructure for parking facilities, today announced that it raised $167 million in a Series B round co-led by 3L Capital and Assembly Ventures with participation from Dragoneer, Eldridge Industries, Silver Lake Waterman, UP Partners, and former deputy...
John Kuolt hates the term “incubator” — at least when describing UP.Labs, a new venture that launched this week with inaugural partner Porsche. “It has a connotation that we aren’t,” the CEO and founder of UP.Labs told TechCrunch. So what is Up.Labs beyond the “building...
Kolors, a Mexico City-based startup, says its platform that connects intercity bus riders with bus drivers is like “if Uber and Southwest Airlines had a baby.” Like Uber and other ride-hailing platforms, Kolors doesn’t own any of its own vehicles, but rather partners with small and...
Convenience stores are typically places people run into while gassing up or if they need a quick snack, but when the global pandemic hit and no one wanted to go indoors with others, some could not survive. That was the case with Adit Gupta’s parents, who owned a convenience store in New Jersey...