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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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European e-scooter and micromobility startup Dott raises $85 million

TechCrunch

Dott is a micromobility startup that is better known for its colorful electric scooters that you can find across several European cities. The startup doesn’t work with third-party logistics providers. Dott has raised a new $85 million Series B funding round — this round is a mix of equity and asset-backed debt financing.

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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. . Last year, the startup set up a subsidiary in Japan, aiming to launch its service in Tokyo in the first half of 2022. . Expansion to Japan.

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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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Japan’s Five-Year Development Strategy unveils KANSAI Startup Night Vol. 4

AsiaTechDaily

Register Japan unveiled its latest development on its “Startup Development Five-year Plan” started in November 2022. The plan aims to boost the Japanese startup ecosystem by investing 10 trillion yen, creating 100,000 new startups, and nurturing 100 unicorns by 2027.

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PANDEMIC VENTURE INVESTMENT SERIES EPISODE 2: MOBILITY

OurCrowd

“The mobility sector is among the hardest hit due to Covid-19, seeing one of the greatest declines in history,” said Yakir Machluf, mobility lead for OurCrowd, whose portfolio includes dozens of mobility startups. When you can lower your costs, your market and the promise becomes so much bigger for micromobility,” he said.

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

TechCrunch

Zoomo, the Australian startup with a mission to electrify delivery fleets through e-bike subscriptions, announced a $12 million interim capital raise on Monday. Now, the startup hopes to expand its service outward toward continental Europe and other states across the U.S.