Neuron Mobility Raises US$43.5M in Series B Funding
Summary
The round was led by GSR Ventures and Square Peg. The company intends to use the funds to continue to design and manufacture their own safety-first e-scooters, as well as develop and roll out a range of innovative technology at scale. Founded in Singapore in 2016 and led by CEO Zachary Wang, Neuron Mobility provides an e-scooter operator, which has introduced e-scooter battery swapping, geofencing control and integrated helmets. The company launched in Canada in May 2021 and has since gained permits to operate in Ottawa, Calgary, Red Deer, Lethbridge, and Vernon. Neuron is also the leading operator in Australia and New Zealand and has operations in the United Kingdom and South Korea.
Funding
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