Wednesday, November 6

Tag: Wunder Mobility

Top 5 Funding of The Week (2nd Sept – 8th Sept)
FUNDING

Top 5 Funding of The Week (2nd Sept – 8th Sept)

Fundraising gives the much-needed support to the startups that they wish for the purpose of growing. Any startup which is established in order to serve its business objective needs fundraising. Fundraising is important for the startups along with the funding procedure. When these two business components come together, they have a rich potential to contribute to the growth of a startup. This week, we witnessed a good amount of funding activities of various known companies and also various investors that led to these funding rounds. Businesses need finance for a variety of different purposes and these companies also raised funds for various needs. The largest amount of funds were raised by robotics company called GreyOrange. The company raised $140 million in its Series C funding round...
Wunder Mobility Secures $30 million in Series B Funding
FUNDING

Wunder Mobility Secures $30 million in Series B Funding

German mobility startup Wunder Mobility that offers a range a mobility services has secured $30 million in Series B funding. The particular round was led by KCK Group. The other existing backers that participated in the round included Blumberg Capital and other non-disclosed investors. The company is planning to use these funds in the expansion of the company’s engineering team in its home country and to establish an international B2B sales organisation. “We are enabling communities on four continents to address the global traffic challenge and to deploy more sustainable mobility options faster by hosting a full-stack urban mobility tech platform,” said Gunnar Froh, founder and CEO. As of now, the company works with 70 employees from four offices across Asia, Germany, and South Ame...