Consolidation continues in micromobility as Cooltra snaps up Cityscoot

Paris’ commercial court has accepted Cooltra’s offer to acquire Cityscoot. These two companies provide shared electric mopeds that you can unlock and ride to go from one place to another. Cityscoot had been placed under court-ordered receivership several months ago. As interest rates hovered around 0% in Europe, micromobility startups thrived. Europe became the perfect…

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Varaha helps Indian farmers reduce climate-harming practices like burning crop residue and flooding rice fields

Varaha has attracted investor interest as an end-to-end developer for carbon credits that it generates by working with thousands of smallholder farmers yielding crops on a total land of over 700,000 acres across India, Bangladesh, Nepal, and Kenya. The voluntary carbon offset market will reach $250 billion by 2050 from $2 billion in 2020, according…

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