Login/Registered Search
Home / blog / Australian electric bike start-up Zoomo lands $16 million in capital, led by CEFC
Return to [Mobile]

Australian electric bike start-up Zoomo lands $16 million in capital, led by CEFC

Views:1478 Classification:blog

Australian electrical bike start-up Zoomo lands $16 million in capital, led by CEFC

The Driven

Australian electrical bike startup Zoomp, previously often called Bolt Bikes, has accomplished a profitable funding spherical led by the Clear Vitality Finance Company (CEFC) that can see $16 million in a mixed fairness and debt capital elevate to develop into supply autos.

The CEFC’s $7 million fairness funding is being supported funding from South Korean enterprise agency Hana Ventures in addition to current buyers Maniv Mobility and Contrarian Ventures. Enterprise debt from OneVentures and Viola Credit score, accomplished the capital elevate.

Bolt Bikes was based in 2017 by ex-Deliveroo and Mobike govt Mina Nada and Michael Johnson however has been rebranded as Zoomo.

CEFC CEO Ian Learmonth mentioned electrifying Australia’s mild car fleet is an essential step in assembly Australia’s emissions discount goal, and that he believes Zoomo has world potential.

Australia’s transport sector produces 100 million tonnes of carbon emissions, accounting for 19% of Australia’s complete emissions, and the so-called last-mile sector specializing in meals and items deliveries is anticipated to develop by 78% by 2030, highlighting the chance to scale back carbon emissions on this sector.

“We welcome the thrilling new branding that can remodel Bolt to Zoomo, in what’s a contemporary begin for an progressive Australian firm,” Learmonth mentioned..

To learn the total model of this story – and examine the photograph gallery – on RenewEconomy’s electrical car devoted web site, The Pushed, click on here…

RenewEconomy and its sister websites One Step Off The Grid and The Pushed will proceed to publish all through the Covid-19 disaster, posting excellent news about expertise and venture improvement, and holding authorities, regulators and enterprise to account. However because the convention market evaporates, and a few advertisers pull of their budgets, readers will help by making a voluntary donation here to assist guarantee we are able to proceed to supply the service freed from cost and to as broad an viewers as attainable. Thankyou in your assist.

https://www.hotebike.com

您好!Please sign in

Click Cancel Reply

    ABOUT HOTEBIKE.COM

    hotebike.com is the HOTEBIKE Official Website, providing customers with the best electric bikes, electric mountain bikes, fat tire electric bikes, folding electric bikes, electric city bikes, etc. We have a professional R&D team that we can customize electric bikes for you, and we provide VIP DIY service. Our best selling models are in stock and can be shipped quickly.

    CONTACT US

    Phone: +86 18928076376
    Whatsapp: +86 18928076376
    Skype: +86 18928076376
    Email: service@hotebike.com
    Website:https://www.hotebike.com
    Address:No.1,Xingrong Road,Sanzao Town,Jinwan District,Zhuhai City,Guangdong,China.

    Copyright © Zhuhai Shuangye Electronic Co., Ltd. All Rights Reserved.

    Cart

    X

    May Like

    X
    Select your currency
    USDUnited States (US) dollar
    EUR Euro