What is Voi Technology?
Founded in August 2018, Voi Technology is a Swedish micro-mobility provider specializing in electric scooter sharing. The company positions its services as a key component in the future of urban transportation, aiming to facilitate carbon-neutral city travel. Voi emphasizes a commitment to innovative technology, transparent dialogue with city authorities, and product adaptation to local needs. Since January 2020, Voi has operated as a carbon-neutral company, aligning its framework with the United Nations' Sustainable Development Goals (SDGs) and setting clear targets for emission reduction and offsetting.
How much funding has Voi Technology raised?
Voi Technology has raised a total of $25M across 1 funding round:
Other Financing Round
$25M
Other Financing Round (2024): $25M with participation from Creandum, The Raine Group, and Balderton
Key Investors in Voi Technology
Creandum
Creandum is a prominent European venture capital firm known for backing successful technology companies such as Spotify and Klarna. Their investment in Voi Technology suggests a focus on high-growth, innovative tech ventures within the European market.
The Raine Group
The Raine Group is a global merchant bank exclusively focused on the technology, media, and telecommunications sectors. Their participation indicates Voi Technology's strategic importance within the broader TMT landscape.
Balderton
Balderton Capital is a London-based venture capital firm that invests in early-stage, high-growth technology companies across Europe, often leading Seed and Series A rounds. Their involvement points to Voi Technology's potential for significant scale-up.
What's next for Voi Technology?
The recent major strategic investment into Voi Technology, following its substantial total funding of $25M, indicates a strong belief in the company's growth trajectory and its role in shaping sustainable urban mobility. This capital infusion is likely to fuel further expansion into new markets, enhance technological development for its electric scooter fleet, and strengthen partnerships with cities. Voi's focus on carbon neutrality and alignment with SDGs suggests a strategic direction that resonates with increasing environmental consciousness among consumers and regulators, positioning the company for continued scaling and potential market leadership in the evolving micro-mobility landscape.
See full Voi Technology company page
