Zoomo, the Australian e-bike subscription startup, has raised $60 million in investment as it prepares for the European market.
The startup supplies electric motorcycles and mopeds through a monthly subscription to carriers and food delivery companies, groceries and retailers, which includes maintenance and complementary software, and differs from other players in subscribing to electric motorcycles such as Dance, which targets consumers.
The Series B circular is a combination of debt and equity with some of the construction equity led by Grok Ventures, the investment corporation of Atlassian co-founder Mike Cannon-Brookes, with Skip Capital, the corporation of the other Atlassian co-founder. , Scott Farquhar. Participate among others.
The other part of the circular takes the form of a line of credit from the Israeli organization Viola.
Zoomo points to a position in the European market with a specific position in the UK. It has partnered with fast grocery delivery company Gopuff, which recently entered the UK through the acquisition of Dija, to supply motorcycles to its fleet of delivery drivers.
It has also been deployed in Spain, France and Germany to identify itself for the first time in Europe, and is comparing it to an additional expansion in the United States.
The new budget will be invested in the development of the company’s car fleet for the advertising distribution industry.
“As countries around the world try to eliminate carbon emissions from cars, they realize that the electrification of cars is only one component of the answer. We want more effective and sustainable points: soft electric vehicles,” said CEO Mina Nada.
“Delivery companies are reassessing the composition of their fleet and embracing the strength of the pedal to combine profitability and environmental sustainability,” said Nada, a former Deliveroo and Mobike executive.
Electric bikes have gained popularity in years, and Deloitte estimates that around 130 million e-bikes will have been sold between 2020 and 2023.
“If we need to decarbonise our world, shipping wants to change. Zoomo is an Australian start-up that is tackling this. They are greening delivery and transforming logistics globally,” Cannon-Brookes, co-founder and head of Atlassian at Grok Ventures. additional.