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SeedPlus bets on Neuron Mobility to zoom ahead of e-scooter crowd

Neuron is producing its own scooters and hopes to expand further into the Asia-Pacific region with the fresh capital

Sharanya Pillai

Sharanya Pillai

Published Sun, Feb 3, 2019 · 09:50 PM

    Singapore

    IF the spectacular rise and fall of the bike-sharing market has raised uncertainty for e-scooter startups, early-stage venture firm SeedPlus isn't daunted.

    SeedPlus, which focuses on seed-stage opportunities, led a S$5 million seed funding round into e-scooter startup, Neuron Mobility, in December. 500 Startups, Enterprise Singapore investment arm SEEDS Capital, ACE Capital and other angel investors and family offices tagged along.