13
Nov
12:47
Bolt Bikes raises AUD 11m for expansion in US, changes name to Zoomo
E-bike developer Bolt Bikes has raised AUD 11 million ($8m) for an expansion that will coincide with a name-change and a rebrand, Kallanish reports.
The Australian start-up will now be known as Zoomo, according to a company statement.
The Australian Clean Energy Finance Corporation led the investment push with AUD 5m, followed by investments from Hana Ventures, Maniv Mobility, Contrarian Ventures, OneVentures and Viola Credit.
Proceeds from the…
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