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Brazilian Electric Motorcycle Rental Startup Vammo, Raises USD $30M Series A

Vammo raises USD $30M to expand its electric motorcycle rental service, aiming to enhance sustainable transportation in Latin America.

Vammo, an electric mobility company, recently announced securing $30 million in a Series A funding round. This financial boost was led by investment firm monashees, along with contributions from Construct Capital, 2150, and Maniv Mobility. The funds will be primarily used to broaden Vammo's operational scope in São Paulo and to initiate expansion into other countries, including Colombia and Mexico.

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