Neuron Mobility raises $3.7M to bring e-scooters to Southeast Asia’s cities

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Despite the rise in electric scooters in the U.S., you’d be forgiven for thinking that Asia — the region where bike-sharing foreshadowed the rise of e-scooters — has been left off the party. But e-scooters have quietly been in the region for some time and now they are beginning to ramp up.

Singapore-based Neuron Mobility is one such riser, and the company announced today that it has raised a SG$5 million ($3.7 million) seed round to explore overseas growth opportunities. The money comes from a collection of investors that include SeedPlus, 500 Startups, SEEDS Capital, ACE Capital, undisclosed angels and family offices.

Founded in 2016, Neuron has offered electric scooters in Singapore since last year. That fleet is currently downsized, CEO Zachary Wang told

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Read full article » https://techcrunch.com/2018/12/05/neuron-mobility-raises-3-7m/


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