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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

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million Series A financing round led by prominent Silicon Valley venture fund, Playground Global, with the investor syndicate comprising Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape.

Hydrogen 397
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Michigan, Cavnue to create corridor for connected and autonomous vehicles between Ann Arbor and Detroit

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Michigan Governor Gretchen Whitmer announced an initiative to develop a first-of-its-kind corridor for connected and autonomous vehicles (CAV) designed to improve transportation for communities in Southeast Michigan.

Michigan 221
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Toyota Blockchain Lab accelerating blockchain technology initiatives and external collaboration

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Toyota Motor Corporation and Toyota Financial Services Corporation launched a cross-Group virtual organization, Toyota Blockchain Lab, in April 2019. Blockchain is expected to be a fundamental technology that supports connecting people and businesses more openly, in a manner that provides safety and security.

Toyota 286
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New York City Council passes bill mandating all city school buses be electric by 2035

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According to the Fiscal Impact Statement prepared by the Finance Division of the City Council, there are approximately 10,700 school buses City-wide, of which the City manages approximately 960 in partnership with the NYC School Bus Umbrella Corporation (NYCSBUS). million in capital costs through Fiscal 2035, or $28.3

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Omnitek Engineering completes $5M placement; financing to facilitate diesel to natural gas truck engine conversion sales

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Omnitek Engineering Corporation, a developer of natural gas engines and diesel-to-natural gas conversion systems, has entered into a definitive agreement with investors for a private placement of common stock and warrants to raise approximately $5.0 acted as the sole placement agent in connection with the transaction.

Financing 236
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Chinese EV company Xpeng Motors raises US$400M in Series C; Xiaomi strategic investor

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Xiaomi Corporation, a global leader in the technology and consumer electronics sector, is joining as a strategic investor. Xiaomi Corporation and Xpeng Motors have achieved significant progress through in-depth collaboration in developing technologies connecting smart phones and smart cars.

Chinese 199
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INFINITI selects 9 Internet of Things (IoT) and smart city startups for INFINITI LAB program in Canada

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million in funding between them, and during the program they will receive education, mentorship and access to technology from corporate and technology partners including new partners IBM Canada and TribalScale, and existing partners including Techstars, OMERS Ventures, and the City of Toronto. The nine participating startups have raised $2.7

Infinity 207