What is Vammo?
Vammo is revolutionizing urban mobility by deploying a network of electric scooters powered by swappable batteries and 100% renewable energy. The company leverages proprietary hardware and software to offer sustainable, cost-efficient, and convenient transportation solutions. Its app-based system provides users with real-time tracking, diagnostics, and seamless battery exchange, contributing to cleaner, quieter, and more practical urban transit. Vammo's approach is tailored to local infrastructure and conditions, addressing the unique challenges of mobility in Latin American cities.
How much funding has Vammo raised?
Vammo has raised a total of $75M across 2 funding rounds:
Series A
$30M
Series B
$45M
Series A (2023): $30M with participation from Monashees, Maniv, and 2150
Series B (2025): $45M led by Ecosystem Integrity Fund, Qualcomm Ventures, 2150, and Construct Capital
Key Investors in Vammo
Monashees
Monashees Capital is a venture capital firm focused on Internet and Education, known for its long-term vision and engagement with innovative, high-growth businesses in the Brazilian environment.
Maniv
Maniv Mobility is an early-stage venture capital fund specializing in technology startups that are digitizing and decarbonizing mobility and transportation globally.
2150
2150 is a venture capital firm dedicated to investing in technology entrepreneurs innovating the 'Urban Stack' to address sustainability challenges in urban environments.
What's next for Vammo?
With the recent major strategic investment, Vammo is poised for accelerated expansion and further development of its sustainable mobility infrastructure. The company's progression from Series A to Series B financing signifies a maturing business model and increasing investor confidence in its vision for electric urban transport. Future strategic initiatives are likely to focus on scaling its operational footprint across more cities, enhancing its technological platform, and potentially exploring new vehicle types or service offerings to solidify its position as a leader in the clean mobility revolution.
See full Vammo company page
