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Singapore-based micromobility startup Beam secures $93M Series B, enters new markets

TechCrunch

Beam , a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. The Series B brings Beam’s valuation up into the triple digits, says CEO and co-founder of Beam Alan Jiang who declined to provide exact numbers. .

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Veo CEO Candice Xie has a plan for building a sustainable scooter company, and it’s working

TechCrunch

Companies like electric scooter providers Lime and Bird have raised tons of capital to change how the urban population gets around, but that growth has come at the cost of a bottom line still in the red. So it’s striking to see electric scooter company Veo take a different approach to the business. That was pretty bold. . Thank you!

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Cruise and Waymo score a win and a surprising deal between electric aircraft rivals

TechCrunch

It’s the shared micromobility operator that has gained a rep for growing at a steady, sustainable pace, rather than moving fast and breaking things? Not even a year after the struggling company fired its founder Travis VanderZanden and replaced him with Shane Torchiana, it appears the company is facing yet another executive shakeup.

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Zoomo raises $12 million to expand e-bike subscription offerings

TechCrunch

We initially built our products to service the demands of gig workers in the food delivery industry,” Mina Nada, Zoomo CEO and co-founder, said in a statement. It’s a tall order, and Zoomo’s strategy could be leading a new trend in micromobility of being a one-stop shop that promises quick scalability.

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Uber spins out delivery robot startup as Serve Robotics

TechCrunch

Serve Robotics, a name taken from the autonomous sidewalk delivery bot that was developed and piloted by Postmates X, has raised seed funding in a round led by venture capital firm Neo. Serve Robotics didn’t share specifics of the funding except to confirm that the round, which will be a Series A, has not been completed yet.

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TechCrunch+ roundup: SBA startup loans, quarterly board decks, bootstrappers’ delight

TechCrunch

. “ If you’re a bootstrapped company who is not yet on the treadmill , you have that kind of optionality or that ability to choose when to get on,” says Cavan Klinsky, co-founder of payments processor Healthie. Priyanka Srinivas, co-founder and CEO of food tech startup Live Green Co., That’s real money.

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Micromobility operator Veo raises $16M to fund U.S. expansion

TechCrunch

Shared micromobility operator Veo has raised $16 million in new funding as the company ramps up its expansion plans in the United States. Veo, which was founded in 2017, has sought venture funding a bit later in the game than other micromobility companies. Bird, Lime and Veo selected for NYC e-scooter pilot.