STOCKHOLM: Electric scooter sharing firm VOI Technology has raised US$30 million in another fundraising round since being set up seven months ago for its European expansion and investment in research to fend off growing competition, it said on Monday.
VOI, backed by investors such as BlaBlaCar CEO Nicolas Brusson and venture fund Balderton Capital, believes it can beat rivals by building closer relationships with city authorities. This could also"help people to combine their e-scooter journeys with the existing public transport network," he added.People can locate nearby VOI scooters via its app or maps and then ride it by paying a 1 euro unlocking fee plus riding costs of 0.15 euro per minute.
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