Joby Aviation plans to build an air taxi production plant in Ohio, investing up to $500 million. This move signals a significant milestone in their journey towards revolutionizing urban air mobility. Get ready to embrace the future of transportation in Ohio! #JobyAviation #airtaxi #urbanairmobility
Discover the shocking statistic that startups founded by women in the US received less than 2% of all venture capital investment last year. Learn about efforts to bridge the funding gap and strategies to improve chances of receiving funding. Find out how increasing diversity in portfolio companies benefits investors.
Discover the shutdown of consumer payments startup Braid after 4 years of operation. Founder Amanda Peyton reflects on the challenges faced and emphasizes the importance of sharing her story. Despite the closure, Peyton remains optimistic about future opportunities in the fintech industry.
Discover the cautionary tale of WeWork's struggle, once valued at $47B but now grappling with doubts about its future. Explore the challenges, financial struggles, and potential solutions as remote work becomes the norm and demand for co-working spaces declines. Learn about the company's plan to improve liquidity and profitability and the efforts required to stay afloat in a changing business landscape.
Find out how RapiPay, a fintech startup, achieved impressive revenue growth of Rs 440 Cr in FY23, but also faced a surge in losses. Explore their financial performance, banking solutions, and introduction of the super app NYE. Get insights into their expenses, cost analysis, and challenges. Read more at Fintrackr.
