Announced
Completed
Financials
Tags
micro mobility
Acquisition
Mobility
Minority
Single Bidder
Private
Completed
Sweden
Friendly
Private Equity
Venture Capital
Cross Border
Synopsis
Investment company The Raine Group led a $160m Series C round in Voi Technology, a micro mobility company, with participation from VNV Global, Balderton, Creandum, Project A, Inbox and Nordic Ninja. "Consumers and local governments across Europe are recognizing a unique window of opportunity to leverage the recent period of transportation disruption to radically change and improve city mobility. Three years of evolution have taken place in just six months, and we are fully confident that we are only in the beginning of this trend. In Voi, we are backing a team who, based on its recent license wins across Europe’s top cities, clearly understands that the next generation of micro-mobility will require operators and local governments to partner to deliver great, highly efficient products and services. We are excited to make this investment in Voi and its strong and purpose driven culture, and we can’t wait to work with them on the journey ahead," Jason Schretter, The Raine Group Partner and Head of EMEA.
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