E-scooter rental service Voi has joined the likes of Tier Mobility and Lime by raising a nine-figure amount, in a series D round that will fund European growth.

Sweden-headquartered electric scooter rental service Voi Technology has secured $115m in a series D round that included pension insurance service provider Ilmarinen, adding to a post-lockdown resurgence in the sector.

Merchant banking group Raine Group and investment firm VNV Global co-led the round, which also featured Inbox Capital, Nordic Ninja, Stena Sessan, Kreos Capital, Nineyards Equity, ICT Capital and undisclosed private investors.

Founded in 2018, Voi operates an app-based e-scooter rental service spanning urban centres in 11 European countries, allowing…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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