![[Funding alert] VOGO raises $11.5M to focus on growth and EV expansion - Vimarsana News](https://images.yourstory.com/cs/2/a9efa9c0-2dd9-11e9-adc5-2d913c55075e/Vogo-founders-115561130949011559839111118.png?fm=png&auto=format)
[Funding alert] VOGO raises $11.5M to focus on growth and EV expansion
[Funding alert] VOGO raises $11.5M to focus on growth and EV expansion VOGO will use the funding towards the expansion and electrification of its fleet and bolster current execution capabilities to achieve profitability in the next year. 0 claps $11.5 million capital as an extension of Series C round, from its existing investors including Lightrock, Kalaari, Matrix Partners, and Stellaris Venture Partners. The startup will be used to expand and electrify the fleet, to increase focus on achieving profitability by improving unit economics, asset utilisation, and to optimise marketing growt...
Source: yourstory.com