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New Deal


Announced

Completed

Grok Ventures led a $60m Series B funding round in Zoomo.

Financials

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Transaction Value£44m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Private

Minority

Private Equity

Australia

Venture Capital

Friendly

Recreational Vehicles and Boats

e-bike company

Completed

Synopsis

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Grok Ventures led a $60m Series B funding round in Zoomo, a global e-bike innovator. Additional investors include Skip Capital, ArcTern Ventures, AirTree Ventures, CEFC, Contrarian Ventures, Viola, OneVenture and Maniv Mobility. "If we want to decarbonize our world, transportation needs to change. Zoomo is an incredible Aussie start-up taking this on. They're greening delivery and transforming logistics on a global scale," Mike Cannon-Brookes, Grok Ventures Principal.

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