{"id":3317,"date":"2022-06-29T12:45:49","date_gmt":"2022-06-29T04:45:49","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3317"},"modified":"2022-06-29T14:33:24","modified_gmt":"2022-06-29T06:33:24","slug":"daily-markup-534-laka-rings-in-us1-5m-from-porsche-xing-mobility-launches-next-gen-battery-system-carsome-mobility-lab-opens-for-sea-startups","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3317","title":{"rendered":"Daily Markup #534: Laka rings in US$1.5M from Porsche; XING Mobility launches next-gen battery system; Carsome Mobility Lab opens for SEA startups"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/44A27TXlJYrkTA6wYSUjEgiac1E1Hi4En21i2vPz_Ed_HmO7egoZXr60qT1SXabQ7vRjqEh4C8j30nwPRgOz04CrxAkcxjHNJj18k-CsO3N28eBBU_-lvwsI7ji2FvErm1eEguQrIi3qtLvAew\" alt=\"\" \/><figcaption>Credit: Laka<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Time for a new ride to shine<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Car drivers and cyclists often don\u2019t see eye-to-eye, but this time, they do. 500-backed insurtech startup <a href=\"https:\/\/laka.co\/\">Laka<\/a> has just scored <a href=\"https:\/\/laka.co\/gb\/blog\/all\/laka-x-porsche-ventures\/\">additional funding of US$1.5M from Porsche Ventures<\/a>, the venture capital unit of Porsche AG, to protect riders from theft and damage!<\/li><li>This follows a US$12M Series A earlier this year led by Autotech Ventures, bringing its total Series A funding to US$13.5M.<\/li><li>Where is Laka going next? It will widen its footprint in Europe and expand its product offering to other mobility options such as e-scooters, e-mopeds, and eventually, e-cars!<\/li><li>The company will also explore opportunities with the Porsche Ventures portfolio. To start, it will partner with German cycling brand Cyklaer to offer new and existing customers built-in digital insurance products.<\/li><li>Tobias Taupitz, Co-founder &amp; CEO of Laka said, \u201cE-mobility is redefining transport globally, and Laka has set out to build the backbone to support the e-mobility segment at a time when net-zero emission has rightly become front of mind for consumers, businesses, and government policy. To support this shift towards a greener future, we have a bold vision to become the world\u2019s largest e-mobility insurance partner.\u201d<\/li><li>Congratulations to the Laka Team!<\/li><li>Read the full story <a href=\"https:\/\/laka.co\/gb\/blog\/all\/laka-x-porsche-ventures\/\">here<\/a>.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/P9-gVqG7VvaY0gA3wtxbZvjtiW47l302QP89d1z10iiYx16SU2bya0FlJRPYMTV6KX5t6NvqP8iChYEx0p06eWIuiuC_46xRncpOq3eaYQ4ux1AGamL3L-szKw85M6hSQWBPRehyrkfIkjhUSQ\" alt=\"\" \/><figcaption>Credit: iVT International<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong>Cool batteries for every vehicle<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Another exciting news in the mobility space, 500-backed Taiwan-based battery solution provider <a href=\"https:\/\/www.xingmobility.com\/\">XING Mobility<\/a> launched the <a href=\"https:\/\/www.ivtinternational.com\/news\/hybrid-electric-vehicles\/xing-mobility-launches-next-gen-immersion-cooled-battery-system.html\">world\u2019s first fully Immersion-Cooled Battery System<\/a>, the IMMERSIO\u2122 XM25!<\/li><li>It\u2019s a next-generation system that\u2019s considered to be the most effective method of battery cooling, allowing battery cells to perform optimally and charge super-fast while remaining extremely lightweight. According to the company, it has been adopted by a leading Asia commercial vehicle maker.<\/li><li>And it\u2019s not just for electric cars. The battery system can be used for heavy-duty vehicles in construction such as excavators and tractors, and even in energy storage systems!<\/li><li>\u201cThis type of immersion technology will become increasingly important for unlocking the full potential of electrified powertrains, powering the global mobility revolution,\u201d <a href=\"https:\/\/www.renewableenergymagazine.com\/electric_hybrid_vehicles\/xing-mobility-unveils-productionready-integrated-battery-system-20220627\">said Royce YC Hong<\/a>, Co-founder &amp; CEO. \u201cWe look forward to collaborating with our partners and customers to accelerate the electrification transformation for all business fleets.\u201d<\/li><li>Read the full article <a href=\"https:\/\/www.ivtinternational.com\/news\/hybrid-electric-vehicles\/xing-mobility-launches-next-gen-immersion-cooled-battery-system.html\">here<\/a>.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/bHQpMzerwkgO9v-BXXbBKCCl5uKR_7ZpM0KtsTeZacGY35q4ASlwFqTXXI3Gkx84HzTbpbBagetk89Bo-OALNgL4Bm9YNTE9Jd6vreX-kPShI8aW299DshBVVIDbXiJYifVS3xOY86-w09nu5w\" alt=\"\" \/><figcaption>Credit: Carsome<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong>Speeding up innovation<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>4 more days until application closes! The Carsome Mobility Lab program is <a href=\"https:\/\/www.digitalnewsasia.com\/startups\/applications-open-sea-startups-looking-get-carsome-mobility-lab-programme\">searching for Southeast Asian startups looking to accelerate growth<\/a> in the auto ecosystem.<\/li><li>Here\u2019s a quick refresher: 500-backed integrated car marketplace <a href=\"https:\/\/www.carsome.my\/\">Carsome<\/a> and Sunway Innovation Labs (iLabs), the innovation arm of Sunway Group, <a href=\"https:\/\/www.digitalnewsasia.com\/startups\/sunway-ilabs-carsome-launch-malaysias-first-auto-ecosystem-accelerator-q3-2022\">launched the accelerator 2 months ago<\/a>, offering one-to-one mentoring, workshops, access to funding, and partnership opportunities with industry leaders.<\/li><li>The first-of-its-kind accelerator is a 4-month program for seed to Series A startups across the region disrupting key verticals such as sustainable mobility, blockchain &amp; NFT, artificial intelligence, and machine learning.<\/li><li>Selected startups will be invited to run pilots with Carsome and Sunway business units and tap into further funding and investment opportunities.\u202f<\/li><li>\u201cThe auto ecosystem is ripe for further innovation and disruption. We look forward to teaming up with Sunway to work with startups across Southeast Asia to bring cutting-edge innovation that will benefit the entire auto ecosystem and ultimately add value to the vehicle ownership journey of all consumers,\u201d said Carsome Group Head of Merger &amp; Acquisition and Ecosystem Strategy, Digbijoy Shukla.<\/li><li>Interested? Apply <a href=\"https:\/\/innovationlabs.sunway.edu.my\/carsome-mobility-lab\/\">here<\/a>.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Time for a new ride to shine Car drivers and cyclists often don\u2019t see eye-to-eye, but this time, they do. 500-backed insurtech startup Laka has just scored additional funding of US$1.5M from Porsche Ventures, the venture capital unit of Porsche AG, to protect riders from theft and damage! This follows a US$12M Series A earlier [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3318,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[],"class_list":["post-3317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #534: Laka rings in US$1.5M from Porsche; XING Mobility launches next-gen battery system; Carsome Mobility Lab opens for SEA startups - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=3317\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #534: Laka rings in US$1.5M from Porsche; XING Mobility launches next-gen battery system; Carsome Mobility Lab opens for SEA startups - Markup\" \/>\n<meta property=\"og:description\" content=\"Time for a new ride to shine Car drivers and cyclists often don\u2019t see eye-to-eye, but this time, they do. 500-backed insurtech startup Laka has just scored additional funding of US$1.5M from Porsche Ventures, the venture capital unit of Porsche AG, to protect riders from theft and damage! This follows a US$12M Series A earlier [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=3317\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-29T04:45:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-29T06:33:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/06\/untitled-design-59-493.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3317#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/06\/untitled-design-59-493.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/06\/untitled-design-59-493.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3317#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=3317\",\"name\":\"Daily Markup #534: Laka rings in US$1.5M from Porsche; XING Mobility launches next-gen battery system; Carsome Mobility Lab opens for SEA startups - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3317#primaryimage\"},\"datePublished\":\"2022-06-29T04:45:49+00:00\",\"dateModified\":\"2022-06-29T06:33:24+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3317#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=3317\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3317#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #534: Laka rings in US$1.5M from Porsche; XING Mobility launches next-gen battery system; Carsome Mobility Lab opens for SEA startups\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\",\"name\":\"Ching Yee Ho\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"caption\":\"Ching Yee Ho\"},\"url\":\"https:\/\/dailymarkup.com\/?author=5\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #534: Laka rings in US$1.5M from Porsche; XING Mobility launches next-gen battery system; Carsome Mobility Lab opens for SEA startups - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=3317","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #534: Laka rings in US$1.5M from Porsche; XING Mobility launches next-gen battery system; Carsome Mobility Lab opens for SEA startups - Markup","og_description":"Time for a new ride to shine Car drivers and cyclists often don\u2019t see eye-to-eye, but this time, they do. 500-backed insurtech startup Laka has just scored additional funding of US$1.5M from Porsche Ventures, the venture capital unit of Porsche AG, to protect riders from theft and damage! 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