Ebike Startup Modmo Raises €1M Seed-Round For Low-Emission Manufacturing
04/19/21, 11:13 AM
Round Type
seed
MODMO, producers of high-tech electric bikes, has raised a €1M seed-round to accelerate localized low-emission manufacturing in Vietnam. MODMO was founded by 24-year-old company CEO Jack O'Sullivan who relocated to Vietnam with the goal of building a world-class supply chain, supporting green initiatives. The Irish startup is comprised of 75% engineers who manage ebike production from raw materials to finished product.