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Neuron Mobility Triples Its Global Operations And Raises Us$43.5 Million To Fuel Rapid International Expansion And Accelerate Tech Leadership

Apr 27, 2022•about 3 years ago

Amount Raised

$43.5 Million

Calgary

Description

Neuron Mobility, Canada’s fastest-growing shared e-scooter and e-bike operator, announces it has successfully raised US$43.5 million in Series B funding. This follows 19 months of significant growth and brings the company’s total funding to US$77.7 million. The investment round was co-led by global venture firms GSR Ventures and Square Peg. Also joining the round was Singapore’s EDBI, a global Asia-based investor.

Company Information

Company

Neuron Mobility

Location

Calgary, Alberta, Canada

About

Neuron, Canada's fastest-growing e-scooter operator, differentiates by being the best partner to cities while also leading the industry when it comes to safety and sustainable operations. Founded in Singapore in 2016, the company has introduced an impressive number of industry world firsts and pioneering innovations including e-scooter battery swapping, geofencing control and integrated helmets. Neuron announced its arrival into Canada in 2021 and has since expanded its operations to five Canadian markets including Ottawa, Calgary, Red Deer, Lethbridge and Vernon. Neuron is also the leading operator in Australia and New Zealand and has operations in the United Kingdom. For more information, visit: https://rideneuron.com

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech