Electric bike start-up Zoomo has banked a substantial $80 million funding round with investment from the venture capital funds of both Atlassian founders Mike Cannon-Brookes and Scott Farquhar, as it rides the wave of rampant growth in the home delivery food and grocery market.

The round is its second external investment of the year, following a $15.4 million injection in May, and comprises 50 per cent equity and 50 per cent debt funding.