Berlin, 02.12.2020. Project A portfolio company Voi Technology, Europe’s leading micromobility service provider, raises $160 million in its Series C funding round. Project A invests in Voi’s latest round of funding together with a number of top class investors. Voi has shown tremendous growth and success over the last months, winning on a European scale more city contracts for their e-scooters than any other service provider. This comes as cities are pushing out cars faster and consumers are looking for new sustainable and convenient methods of transport.
Thies Sander, General Partner at Project A, says: “E-scooters have grown from a mere summer hype two years ago into a serious business model. As investors, we believe that Voi will be the dominant European player in this rapidly evolving micromobility transportation sector. We look forward to Voi making a real difference in turning our cities greener and providing customers a sustainable and safe method of transport.”
Founded in Sweden in 2018, Voi is an e-scooter startup creating a system of electrically powered scooters around urban centers. The company's goal is to provide an affordable, sustainable, and exhilarating way to commute while helping people to reduce their carbon footprint and cities to have a more sustainable transportation network.
Project A invested early on in Voi’ Series A funding and additionally supports them on an operational level.
For further information, please go to voiscooters.com.