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European e-scooter and micromobility startup Dott raises $85 million

TechCrunch

Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing. Dott is a micromobility startup that is better known for its colorful electric scooters that you can find across several European cities. Belgium-based investment company Sofina is leading the investment.

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

TechCrunch

“Their expectations for quality commercial vehicles, on demand service, flexible financing and tech enabled security features spurred us to innovate. 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 sells air taxi business Elevate to Joby Aviation, shedding its last moonshot

TechCrunch

The $75 million investment comes in addition to a previously undisclosed $50 million investment made as part of Joby’s Series C financing round in January 2020 , Uber said. In the spring, Uber led a $170 million funding round in micromobility startup Lime. To date, Joby Aviation has raised $820 million.

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Voi scooters raises $115M Series D round as it preps to enter new cities — and for an IPO

TechCrunch

The European e-scooter market is currently the main battleground for companies playing in the micromobility space, taking advantage as they are of Europe’s relatively compact cities and the desire of populations to move to more sustainable transportation. In 2021, players like Tier, Voi and Dott continued to raise VC backing. and Europe.

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European micromobility startup Dott grabs $70 million

TechCrunch

Originally announced in the Spring of 2021, the company raised an $85 million Series B round — it was a mix of equity and asset-backed debt financing. Dott is a European micromobility startup that is better known for its scooter-sharing service. Dott competes with several micromobility startups in Europe.

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Luup raises $30M ahead of Japan’s new micromobility rules

TechCrunch

Japanese shared micromobility startup Luup has raised $30 million (4.5 billion yen) in a Series D financing round, which consists of 3.8 Luup has now amassed a total of $68 million in equity, debt, and asset financing to date, at what sources said valued the firm at over $100 million.

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E-bike subscription service Zoomo raises $60M Series B to disrupt last-mile delivery

TechCrunch

Zoomo, the Australian startup that builds e-bikes and offers micromobility subscriptions to gig workers and couriers, wants to be the next disruptive electric vehicle company. The startup has just announced a $60 million Series B fundraise, money it aims to use to transform the way companies look at last-mile delivery.