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Swedish e-Scooter Firm Voi Technology Raises $85M in a Bid to Reach Profitability

In what has come as a shock to many pundits in investment circles, electronic scooter firm Voi Technology has reportedly raised about $85 Million in another funding round which has included several premier investment partners such as Vostok New Ventures. Previous investors Balderton Capital, Creandum and Raine Ventures were included in this round as well.Although the firm hasn’t reached any profitability overall, it expects to achieve this in the next few years. Fredrik Hjelm, Voi’s...

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