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flag Vancouver-based Spare raises CAD 42M Series B led by Inovia Capital for global expansion and AI-driven paratransit platform development.

flag Spare, a Vancouver-based mobility operations software provider, has raised CAD 42 million in a Series B funding round led by Inovia Capital. flag The investment will enhance Spare's global expansion and accelerate development of its AI-driven platform, particularly for paratransit services. flag As demand for flexible transit solutions grows, Spare aims to improve service efficiency for agencies like Dallas Area Rapid Transit and Bay Area Rapid Transit, having powered over 15 million rides globally.

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