What is micromobility?
Micromobility is a dynamic player in the urban mobility landscape, offering a diverse range of services including e-scooters, e-bikes, and e-mopeds. The company operates across both short-term and long-term rental models, in addition to retail sales. Micromobility's core philosophy centers on transforming cities into more people-centric and livable environments, actively working to reduce car dependency, congestion, and pollution. This commitment to sustainability and improved urban living is a key differentiator in its market approach.
How much funding has micromobility raised?
micromobility has raised a total of $30M across 1 funding round:
Series A
$30M
Series A (2020): $30M with participation from Fuel Venture Capital
Key Investors in micromobility
Fuel Venture Capital
Fuel Venture Capital, established in 2017, is an industry-agnostic venture capital firm focused on fueling the modern economy by backing exceptional entrepreneurs with groundbreaking ideas and proven track records, particularly in early and late-stage companies driven by exponential technologies.
What's next for micromobility?
With a substantial funding history, including a Series A round in March 2020, micromobility is poised for continued expansion and innovation. The company's focus on a multi-modal approach and its strong stance on urban liveability suggest a strategic direction towards further integrating its services into city infrastructure and potentially exploring new vehicle technologies or service models. Future investment will likely fuel the scaling of operations into new markets and the enhancement of its technology platform to support a greener, more efficient urban transport network.
See full micromobility company page
