Zoomo Raises Another $20M in Series B Funding
- Zoomo, a New York-based electric last-mile delivery vehicles provider, raised $20M in Series B funding
- The round was led by Collaborative Fund with participation from Mitsubishi UFJ, SG Fleet, WIND Ventures, and Akuna Capital
- The additional funds bring the total funding raised to date to over US $100m, a combination of both equity and debt
- The platform is a full-service utility micromobility platform which aims to turn the world’s delivery fleets electric using e-bikes
- Its vertically integrated platform encompasses custom delivery oriented e-bikes, a physical servicing and maintenance network, a software platform for asset management and telematics, and a finance offering
- Since the business was founded in 2017, the company has expanded its operational presence to 16 cities in 6 countries across the world
