CEO · Founder, Zoomo
Stories naming Mina Nada. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
E-bike subscription startup Zoomo cut 27 roles in its second restructuring in six months, weeks after client Milkrun's collapse, and disclosed a previously unreported $24 million raise led by Grok Ventures and the CEFC.
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Weekly roundup of seven startup raises: OCR Labs' Series B, Zoomo's Series B extension, plus new funding for Lumi, Upflowy, Linkby, Fortiro and Licorice, alongside Scalapay's unicorn round and Arkon Energy's pre-seed.
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Delivery e-bike firm Zoomo has added US$20 million to its Series B, led by Collaborative Fund, three months after an $80 million round backed by the Atlassian founders' vehicles, lifting total funding beyond $100 million.
E-bike supplier Zoomo added $20 million in equity to complete its Series B, led by Collaborative Fund with several strategic backers joining, lifting the delivery-vehicle startup's total funding to $101.5 million.
SmartCompany's year-end list profiles ten Australian startups poised for a big 2022, recalling their 2021 raises, crowdfunding campaigns, government grants and accelerator origins, from mtime and Quantum Brilliance to Zoomo and Superhero.
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Electric delivery vehicle maker Zoomo has closed an oversubscribed Series B of US$60 million (A$80 million), led by new investor Grok Ventures with Skip Capital and ArcTern, plus follow-on from existing backers and a new debt facility.
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Australian e-bike subscription startup Zoomo announced a Series B blending equity and debt funding to expand its micromobility offering for couriers into more cities and develop light vehicles for parcels.
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Australian e-bike firm Zoomo has announced a $16 million round led by AirTree, with the publisher investing a further $2.2 million, and has appointed four US industry figures to its advisory board.
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Australian e-bike subscription startup Zoomo has announced a $12 million round led by AirTree, following its 2020 Series A, to fund expansion into Europe, more US states and next-generation vehicles.
Three local startups share how they secured offshore investment during COVID-19, covering virtual pitching, a seed round, a Series A, and accelerator-style support programs abroad.
E-bike subscription startup Bolt Bikes has raised $16 million and rebranded as Zoomo, with co-founders Michael Johnson and Mina Nada citing rapid growth and overseas expansion during the pandemic.
Also Startup Daily
Sydney electric bike startup Bolt Bikes has rebranded as Zoomo and raised $11 million in a Series A led by the Clean Energy Finance Corporation, with equity and venture debt investors, to expand subscriptions.