Unu raises $12 million to build new electric scooter

Unu raises $12 million to build new electric scooter

6 years ago
Anonymous $ZPWJA6-QD2

https://techcrunch.com/2018/10/29/unu-raises-12-million-to-build-new-electric-scooter/

German startup Unu raised a $12 million funding round led by Ponooc with existing investors Capnamic Ventures, Iris Capital, Michael Baum and NRW.BANK also participating. The company has been building electric scooters (the motorcycle kind) and is working on new products and services.

For the past five years, Unu has sold 10,000 scooters. The market for electric scooter is quite different depending on your country. In parts of Asia, they are massively popular and are slowly overtaking gas-powered scooters. You can see more and more electric scooters in Europe, but it’s still uncharted territories for the most part.

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