Collaborative Fund, a private equity firm, led a A$20m Series B round in Zoomo, an e-bike rental company, with participation from SG Fleet, Akuna Capital, MUFG Innovation Partners and WIND Ventures. "We're thrilled to be partnering with the Zoomo team. Delivering small packages and meals in a four-thousand-pound vehicle is inefficient and costly - both for customers and the environment. Zoomo is simply better for all stakeholders. E-bikes are just the beginning in Zoomo's vision towards powering the future of logistics. We can't wait to see more Zoomo vehicles in the cities all around us," Craig Shapiro, Collaborative Fund Founder and Managing Director.