Startup

Electric scooter startup Grin raises ~$45 million

   Download Android App    Share in      FullScreen   CheckVideos

Grin, an electric scooter startup backed by Y Combinator, has raised a $45.7 million Series A to operate shared, electric scooters in Latin America.Grin, which is based in Mexico City, had previously raised funding from Sinai Ventures, Liquid2 Ventures, 500 Startups, Monashees, Base10 Partners and others.Currently, Grin only operates in Mexico City, but it has plans to expand to other cities throughout Latin America.Electric scooters are clearly a hot space.

U.S.-based companies like Bird and Lime have raised millions of dollars.

Bird is currently valued at over $2 billion while Lime is valued at over $1 billion.

Meanwhile, transportation behemoths Lyft and Uber have both staked their claim in the electric scooter space, both deploying them in Santa Monica, Calif.

in the last month.I’m getting in touch with Grin co-founder Sergio Romo shortly.

More to come.




Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021

Buy Our Merchandise (Peace Series)

 

Contribute US to Start Broadcasting


It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.

Debit/Credit/UPI

UPI/Debit/Credit

Paytm

STRIPE

Details
Category: Startup


26