What is Voi Technology?
Founded in 2018, Voi Technology operates at the intersection of urban planning and green technology. The company provides a scalable electric scooter sharing platform designed to reduce reliance on traditional combustion-engine vehicles. By emphasizing transparent dialogue with local authorities and adapting its hardware to specific regional requirements, Voi has distinguished itself from competitors in the crowded micro-mobility sector. The firm has maintained a carbon-neutral status since 2020, leveraging innovative logistics and a circular product lifecycle to minimize its environmental impact while facilitating efficient, last-mile transportation for millions of users.
How much funding has Voi Technology raised?
Voi Technology has raised a total of $25M across 1 funding round:
Other Financing Round
$25M
Other Financing Round (2024): $25M with participation from Creandum, Balderton, and The Raine Group
Key Investors in Voi Technology
Creandum
A prominent European venture capital firm known for backing high-growth technology companies and providing strategic guidance to scale operations globally.
Balderton
A London-based venture capital firm specializing in early-stage and growth-stage technology investments, with a strong track record of supporting European founders.
The Raine Group
A global merchant bank that provides financial advisory and investment services exclusively to the technology, media, and telecommunications sectors.
What's next for Voi Technology?
With this major strategic investment, Voi Technology is well-positioned to accelerate its transition toward long-term profitability and market dominance. The company is expected to focus on deepening its integration with public transit networks, thereby cementing its role as a foundational element of the modern smart city. Future growth initiatives will likely involve the deployment of next-generation hardware, enhanced safety features, and the expansion of its data-driven operational model to new territories. As the regulatory environment for micro-mobility matures, Voi's proactive approach to governance and sustainability will be critical in maintaining its competitive edge against global incumbents.
See full Voi Technology company page