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November 11, 2019

Voi raises $85m, promises to improve unit economics

Europe’s leading scooter startup Voi has raised another big round just a year after launching. With so much VC cash, how will it not do an Uber?


Amy Lewin

6 min read

The latest model of Voi's scooters © Vincent Fandos

Fredrik Hjelm, chief executive and cofounder of Swedish scooter startup Voi, feels two things when he hears that his competitors have raised big rounds.

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A photo of a Voi scooter.
Voi's latest model with swappable battery © Vincent Fandos
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Line of Voi scooters in Barcelona
Voi's first scooter model in Lisbon.
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Fredrik Hjelm, Voi cofounder and chief executive.
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Amy Lewin

Amy Lewin is Sifted’s editor and host of Startup Europe — The Sifted Podcast . Follow her on X, LinkedIn and Bluesky

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