Tech Company Financing Transactions
Zoomo Funding Round
Zoomo closed a $60 million funding round on 11/16/2021. Investors included Grok Ventures, AirTree Ventures and ArcTern Ventures.
Transaction Overview
Company Name
Announced On
11/16/2021
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Grok Ventures (Lead Investor) (Michael Cannon-Brookes)
Proceeds Purpose
Zoomo will use the funds to expand its operations into new cities and countries, deepen software integration with its customers, and finalize development of Zoomo's next-generation vehicles.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Shop 1/5 Victoria Rd.
Parramatta, NSW, 2150
Australia
Parramatta, NSW, 2150
Australia
Phone
Undisclosed
Website
Email Address
Overview
Zoomo is the world's leader in light electric vehicles (LEVs) and after-market servicing, built on the experience of thousands of delivery riders. Engineered in Australia and operating across the world, our bikes are built for durability/performance. Not only that, our flexible financing allows thousands of riders to access the best light electric vehicles on the market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mina Nada
Chief Operating Officer
Michael Johnson
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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