Make way! WeMo's heading to Southeast Asia. They're all about urban mobility tech (aka, how we get around the city). Oh, and they've just raised a $15M Series A+ round!

• Since their launch seven years ago, they've got over 1M users.
• Founded in Taiwan, they already hold a leading position in the Taiwanese market.
• Revenue's back to pre-pandemic levels with double-digit growth.

Investor check. AppWorks led the round. The Taiwan National Development Fund also joined in!

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😎 Not your typical ride

WeMo's tech and services all have one goal! Reduce pollution and carbon emissions.

• But how? Make people less dependent on private vehicles (yup, make them stop buying cars and bikes) — and instead use shared and rented transportation like WeMo.

Started from the bottom. They're best known for their smart e-scooter rental service that lets you rent e-scooters for up to 24 hours.

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💯 The game changers

Last year, they launched WeMo RenTour and WeMo PASS to go beyond just e-scooters!

WeMo RenTour. Rent electric cars, scooters and bicycles.

• They partnered with EV brands and rental companies to do this!

WeMo PASS. Buy a WeMo PASS subscription, and get up to 20% discounts on each e-scooter trip and three free rides every month.

B2B. They also moved into B2B with their all-in-one "Smart Mobility Center" solution for fleet operators! It lets them manage their fleets and operations through one integrated system — while helping them hit their sustainability goals too!

• Access historical and real-time data and analytics for them to forecast and improve fleet management.
• Customized to the operator's region, vehicle type and other needs.

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🚀 What's next

The new $$$ is to expand to SEA, focusing on Indonesia and Thailand to support the region's transition to net zero carbon emissions for transportation.

• They're linking up with governments, investors, businesses and transportation providers throughout the region to offer green transportation and fleet management services!