Business
Australian electric bike start-up Zoomo lands $16 million in capital, led by CEFC – The Driven
Electric bike start-up Bolt Bikes rebrands as Zoomo and raises $16 million as it seeks to capture growing last-mile delivery market.
Australian electric bike startup Zoomp, formerly known as Bolt Bikes, has completed a successful funding round led by the Clean Energy Finance Corporation (CEFC) that will see $16 million in a combined equity and debt capital raise to expand into delivery vehicles.
The CEFC’s $7 million equity investment is being supported investment from South Korean venture firm Hana Ventures as well as existing investors Maniv Mobility and Contrarian Ventures. Venture debt from OneVentures and Viola Credit, …
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