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Vammo, the São Paulo-based startup that wants to scale electric motorcycle battery swapping in Latin America, has raised a $30 million Series A round to capture the growth in popularity of motorcycles across the region. The startup, formerly Leoparda Electric, offers an e-motorcycle subscription that comes with unlimited access to battery swapping stations. Vammo says it has already found product market fit and a profitable business model, with customers clocking up 4 million kilometers driven and more than 150,000 battery exchanges in the 10 months since launch.

Vammo, the São Paolo-based startup that wants to scale electric motorcycle battery swapping in Latin America, has raised a $30 million Series A round to

Private capital investment activity across GPCA’s markets remained strong by historical standards in 2022, with fund managers deploying USD208b.

Supplier shortages squeeze Ford, Larry Page-backed Kitty Hawk shuts down and EV charging deals ramp up in this week's edition of the Station.

Leoparda Electric will offer Sao Paolo couriers both electric motorcycles and scooters and a network of battery swapping stations.