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Singapore’s Neuron is taking the slow and steady approach to micromobility

TechCrunch

The shared micromobility company with a presence in Australia, New Zealand, South Korea, the U.K. “That’s the only way to run both a sustainable business as well as a responsible service in a city in the long run.” The shared micromobility company with a presence in Australia, New Zealand, South Korea, the U.K.

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

TechCrunch

Dott is a micromobility startup that is better known for its colorful electric scooters that you can find across several European cities. During its early days, Dott positioned itself as a capital-efficient, sustainable e-scooter company. Belgium-based investment company Sofina is leading the investment.

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

TechCrunch

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. It also launched a new subsidiary to finance the vehicles, along with its software, to shared micromobility providers.

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

TechCrunch

Rather than raising venture capital and scaling quickly, the company does business the old-fashioned way: Proving the model works in one market before moving to the next. The First Profitable Micromobility Company Was Veo, Not Lime,” you fired some shots at Lime and the tech bro-ey micromobility industry at large. Thank you!

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E-scooter operator Neuron Mobility bags $43.5m to expand globally

AsiaTechDaily

million in Series B funding, co-anchored by global venture firms GSR Ventures and Square Peg. Increasingly, cities are choosing to limit the number of micromobility operators by awarding long-term contracts to the best operators which prioritize managing e-scooters and e-bikes in a sustainable and responsible way.

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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.

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Daily Crunch: Pentagon locks down unsecured email server that exposed sensitive military data

TechCrunch

Success breeds IPO : Shared vehicle company Lime reported its first profitable year, with Rebecca writing that “Lime has figured out how to make shared micromobility a sustainable business.” Manish writes that this investment marks the largest check Amazon’s Smbhav Venture Fund has written thus far. Aria has more.