TechCrunch: MAX.ng raises $7M round backed by Yamaha and pilots EVs in Nigeria

Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation of Japanese manufacturer Yamaha. Based in Lagos, the company’s app-based platform coordinates motorcycle taxi and delivery services for individuals and businesses. Six-million…

Advertisements

TechCrunch: E-moto startup Alta Motors reportedly powers down

Brisbane, California based e-motorcycle startup Alta Motors has ceased operations, TechCrunch has confirmed.  Earlier today Asphalt and Rubber — and several subsequent outlets — reported the company stopped operating this morning, fired its staff, and may be looking for a buyer. Alta…