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Top News In Morpheus Ventures Today - Breaking & Trending Today

Uber hits a profit milestone, Ford builds an EV skunksworks and Fisker fumbles

This week was a busy one with Rivian officially announcing the reveal date for its next-gen EV, a Waymo robotaxi striking a bicyclist (oh and one of its robotaxis was vandalized and burned late Saturday night!), Arrival trying to sell off its U.K. assets, plus a few scoops on e-motorcycle startup Cake, Ford and Fisker. Joby Aviation, a company developing all-electric aircraft for commercial passenger service, announced Sunday an agreement with Dubai regulators to launch air taxi services there by early 2026. Joby, a startup that went public in 2021 via a merger with a special purpose acquisition company, said it's targeting initial operations as early as 2025. ....

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Starship Technologies raises $90M as its sidewalk robots pass 6M deliveries

Sidewalk delivery robot services appear to be stalling left and right, but a pioneer in the concept says it is profitable and has now raised a round of funding to scale up to meet market demand. Starship Technologies, a startup out of Estonia that was an early mover in the delivery robotics space, has picked up $90 million in funding as it works to cement its position at the top of its category. This latest investment round is being co-led by two previous backers: Plural, the VC with roots in Estonia and London that announced a new $430 million fund last month; and Iconical, the London-based investor backed by Janus Friis, the serial entrepreneur who was a co-founder of Skype, and who is also a co-founder of Starship itself. ....

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