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Singapore-based micromobility startup Beam secures $93M Series B, enters new markets

TechCrunch

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.

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South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET 

TechCrunch

Gbike , a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system. . The financial terms of the deal were not disclosed. .

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Korean micromobility startup Swing grabs $24M for growth, expands to Japan 

TechCrunch

Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . Why micromobility may emerge from the pandemic stronger than before.

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

TechCrunch

“Their expectations for quality commercial vehicles, on demand service, flexible financing and tech enabled security features spurred us to innovate. 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.

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UrbanTech News Roundup

Dream It

Micromobility scooter docking startup Charge is betting that a boom in e-scooters and electric bikes will increase the need for charging stations around cities. Bowery Valuation raised a $12M Series A for their tech-enabled real estate appraisal platform.

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The Station: Arrival slashes EV targets, more Tesla FSD controversy and NHTSA loses its captain

TechCrunch

Micromobbin’ The North American Bikeshare and Scooter Association released its 2021 shared micromobility state of the industry report — and it has some interesting findings. Trips on e-scooters accounted for 49% of total trips taken on shared micromobility. 63% of riders said they used micromobility to connect to public transit.

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DigiSure, the mobility insurance platform with high-tech screening, comes out of stealth with $13.1M raise

TechCrunch

The traditional world of vehicle insurance is not built for newer mobility models, like peer-to-peer, which is currently DigiSure’s bread and butter, or shared micromobility, which the company sees a lot of potential in. Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation.