Tag: startup funding
With A Goal To Fully Decarbonise The Last-Mile Industry, UAE-Based One Moto Secures US$40 Million In Lease Financing
With a goal to fully decarbonise the last-mile industry, the startup aims to introduce 50,000 electric delivery vehicles in the UAE by 2025. BY AALIA MEHREEN AHMED • JUL 28, 2023 One MotoAdam Ridgway, founder and CEO, One Moto One Moto Technologies (One Moto), a UAE-based electric vehicle (EV) manufacturer that caters primarily towards the last-mile delivery sector, has…
UAE’s Electric Mobility Startup One Moto Raises $150M to Expand to UK
One Moto is joining forces with AVIS, and is currently in talks to build the first EV manufacturing facility in the UAE. Startup Scene Jan 17, 2023 One Moto, a UAE-based electric mobility and last-mile delivery startup, has raised $150 million from an undisclosed investor in the UK. The funding will be used to expand…