Voi Technology – a European specialist in micromobility – has raised USD115 million in an oversubscribed financing round led by Raine Group and VNV Global.
Existing investors including Inbox Capital, Nordic Ninja, Stena Sessan, Kreos Capital also participated along with new investors Ilmarinen, Nineyards Equity and ICT Capital and others. Leading entrepreneurs and operators from King, Avito, BCG and more also participated in the fundraising round.
The round closed on the back of Voi’s best ever year, in which the company outperformed its peers and saw strong and growing demand for micro-mobility.