RushOwl, a Singapore-based mobility startup, raised US$650,000 in a seed round that was oversubscribed 3x and led by Silicon Solutions Partners, alongside Seeds Capital, the investment arm of Enterprise Singapore. Silicon Solution Ventures, The Workplace Accelerator, and a network of angels also chipped in.

The company said its ridership grew 400% since 2019, with people seeking more options for transportation amid the pandemic. The company plans to use the new funds to expand its ride-sharing product, RushTrail, across the Asia Pacific next year, including Singapore and mass markets such as Vietnam and India. The company also looks to add new mobility products and partner with electric vehicle firms to beef up its ecosystem. RushOwl was founded by Shin Ng, who is also the startup’s CEO.

Seeds Capital Backs Singapore Smart Mobility Firm’S Seed Round

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Seeds Capital Backs Singapore Smart Mobility Firm’S Seed Round

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