E-scooter sharing firm VOI breaks even; Raises $30 million

E-scooter sharing firm VOI breaks even; Raises $30 million

Sweden’s VOI is on track to make an annual profit in 2021 after breaking even in June. This makes VOI the first big electric scooter sharing firm to do so. The company is also set to raise $30M to fund expansion into new markets including the UK. Post the funding the company would be valued at just below $270M. VOI operates in 40 cities in 11 countries.

Timothy
Timothy
Top in Business
Get the App