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Beam raises $26m Series A funding

1 month ago   |   By UKTN

Asia-Pacific's micromobility operator Beam has today announced that it has raised a Series A funding round of $26 million. The round was led by Sequoia India and Hana Ventures and included RTP Capital.
Beam is forging a new path for micromobility in contrast to the established dockless model that allows scooters to be parked anywhere on city streets.
For Beam, the future is docked. Having a “virtual docked” model ensures riders park in predetermined parking spots by offering incentives through the Beam mobile app.
Beam Co-Founder and CEO Alan Jiang​ said, “We're grateful to our incredibly...
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