BOSTON, April 29, 2025 /PRNewswire/ -- indiGOtech (Tradename: GO), a new mobility tech company based in Massachusetts, today announced it closed a $54 million Series BB funding round, including investments from FedEx (NYSE: FDX), Foxconn (2354.TW) and FM Capital. These investments accelerate GO's mission to provide sustainable local transport, leveraging its patented SmartWheels™, Smart EVs and Smart Mobility Services. Mobility Network Companies (MNCs) today all compete for gig drivers that mostly use gas c ...

Core Insights - Envoy Technologies Inc. has launched a new electric vehicle car-sharing service at 210 South 12th, a luxury high-rise in Philadelphia, marking a significant step in the company's expansion and urban living standards [1][5] - The collaboration with 210 South 12th enhances the property's appeal by providing exclusive access to Envoy's EV-sharing service, including the first Cadillac LYRIQs in the Philadelphia fleet [2][5] - The integration of a fully automated parking garage, the largest in the country and first in Philadelphia, aligns with Envoy's commitment to innovative and sustainable transportation solutions [3][4] Company Overview - Envoy is a leading provider of electric vehicle fleet technology and EV-sharing services, headquartered in Culver City, California, focusing on private property amenities [7] - The company aims to reduce parking demand and individual car ownership while enhancing mobility as part of residents' lifestyles [7] - Envoy's services are designed to enrich the living experience in high-end residential properties, aligning with urban development goals [7] Market Position - The launch at 210 South 12th strengthens Envoy's presence in the Philadelphia luxury market and demonstrates its ability to integrate with advanced residential technologies [5] - This collaboration opens opportunities for potential expansion into other metropolitan areas with similar high-end properties [5] - Property managers are encouraged to consider Envoy's services to enhance their offerings and attract residents [5]