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Scooter start-up gets $27m boost for Aussie rollout

Yolanda Redrup

Singaporean e-scooter start-up Neuron Mobility has promised Australians its on-demand scooters will not become urban eyesores thrown up trees, or discarded in rivers, as it plans to expand across the country following a $27 million funding round led by Australian venture fund Square Peg Capital.

Unlike the disastrous failure of oBikes in Australia, Neuron said it has worked with local regulators from the outset and in June won a permit from Brisbane City Council to operate 60 per cent of the fleet of scooters permitted  in the Queensland capital, with Lime granted the other 40 per cent.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/technology/e-scooter-start-up-targets-australia-after-square-peg-funding-20191205-p53h70