Zoomo raises 60m to become vertical integrated ebike service

E-bike and micro mobility innovator Zoomo raises $60M for thier commercial e-bike production. Zoomo is becoming a common site in London for the UK's delivery last mile firms. Inlcuding the new fast delivery firms like Getir.

Ex-Deliveroo and Mobike executive Mina Nada and his former Bain colleague Michael Johnson launched the micro mobility solution in 2019. Having both worked in last mile logisitics. The fund raise for the micro mobility e bike company was led by climate-action focused Australian VC Grok Ventures and positions Zoomo as the leader in the provision of e-bikes for delivery use

Skip Capital and ArcTern Ventures also join the Series B funding round

Zoomo’s vertically integrated platform provides custom delivery oriented e-bikes. Along with a servicing and maintenance network and a software platform for fleet management. this is the first vertical offering in the UK.

Zoomo e bikes in London, with their distnct white stripped livery are used by the major on-demand food and grocery delivery providers.