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Beam , a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. Advanced rider assistance systems: Tech spawned by the politics of micromobility. Singapore’s micromobility startup Beam raises $26 million.
Understanding the key developments that helped advance micromobility over the past several years can give us valuable insights not only into where the industry is headed, but about how we can successfully shape it to meet the needs of hundreds of millions of current and future riders around the world. 1: Shared scooters launched (fall 2017).
Swobbee, a Berlin-based startup that’s working on commercializing battery swapping for micromobility vehicles, has raised a $6.5 million Series A led by new strategic investor EIT InnoEnergy, a major accelerator of sustainable energies in Europe that’s supported by the European Union.
Founded in 2012, the accelerator is focused on developing early-stage companies tied to the University of California system. Notable alumni include micromobility unicorn, Lime, and delivery robotics firm, Kiwi. “We Attending a remote startup accelerator is absolutely worth it. The Hurd Co. Image Credits: The Hurd Co.
“While self-driving cars remove the driver, robotic delivery eliminates the car itself and makes deliveries sustainable and accessible to all,” said Kashani, co-founder and CEO of Serve Robotics. The company is launching with 60 employees with headquarters in San Francisco and offices in Los Angeles and Vancouver, Canada.
“It is another milestone in our journey to make mobility safe, affordable, accessible, and sustainable by deploying high-performance technologies and operators.
Several micromobility companies once operated in my city, but consolidation has reduced that to a small handful. This in-depth industry analysis shows how increased regulation on the local level and changing consumer habits are pushing micromobility providers to adapt and innovate. Image Credits: TechCrunch/Bryce Durbin.
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.” Aria has more. So what happens when you are good at what you do? The company is now eyeing an initial public offering.
It’s the shared micromobility operator that has gained a rep for growing at a steady, sustainable pace, rather than moving fast and breaking things? NABSA ’s fourth annual state of shared micromobility report shows that ridership in North America has returned to pre-pandemic levels. Micromobbin’ You remember Veo , right?
In Norway, sustainability-focused companies. Both micromobility and telemedicine seem very crowded at this point, and we believe the current market leaders in these sectors will become the winners. Its attractiveness was obviously declining pre-COVID as well, but the crisis has only made the sustainable shift stronger.
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