Return to: Business NewsUrbanskytram Joins FasterCapital’s SeedBooster Program to Revolutionize Urban Transportation in Costa RicaUrbanskytram (UST), an innovative urban transportation startup based in Costa Rica, has announced its selection to join FasterCapital’s SeedBooster program. The company, founded by Romano Rodríguez, is on a mission to transform urban mobility with its one-of-a-kind transportation system designed to provide fast, comfortable, and eco-friendly city transit. UST’s unique concept revolves around individual, lightweight cars traveling on elevated rails, enabling direct point-to-point journeys for passengers. This model eliminates the delays associated with traditional traffic systems and provides an economical alternative to larger, more infrastructure-heavy transportation projects like subways. The company aims to raise $500,000 to further develop its technology and expand its operations. Hesham Zreik, CEO of FasterCapital, said: "The potential of Urbanskytram to reshape urban transit is immense. The team’s focus on combining efficiency, affordability, and environmental responsibility is commendable, and we are eager to see their progress through the SeedBooster program." Romano Rodríguez, Founder of Urbanskytram, expressed his enthusiasm: "Joining FasterCapital’s SeedBooster program is a significant milestone for UST. Their expertise and network will help us refine our solution and bring it closer to reality. Our vision is to make urban transportation simpler, faster, and greener, and this partnership is a big step forward." With its innovative approach, UST addresses a growing problem in urban mobility, aiming to save commuters time and improve city living conditions. By joining FasterCapital’s SeedBooster program, the company is poised to accelerate its growth and bring a fresh perspective to urban transit in Costa Rica and bey ... News Release: Urbanskytram Joins FasterCapital’s SeedBooster Program to Revolutionize Urban Transportation in Costa Rica Submitted on: May 07, 2025 01:56:40 PM Submitted by: Sally Yazji On behalf of: fastercapital.com |