Daily Markup 376: Neuron Mobility lands US30M, sees significant international growth How OhmniLabs is making the return to the office safer Grab on getting to the next stage with the super app strateg
2021.11.16

500 Global Team

Greasing the wheels
- 500-backed e-scooter startup Neuron Mobility has raised at least US$30 million from returning investors GSR Ventures and Square Peg Capital.
- The startup last raised US$12 million in September 2020, closing its Series A funding round at US$30.5 million.
- “Neuron has experienced significant international growth over the last 12 months, expanding into new cities in Australia and New Zealand, while also launching in Korea, the United Kingdom, and Canada,” a representative from Neuron Mobility said.’
- Earlier this month, the startup announced it will be trialing 1,500 e-scooters upgraded to detect dangerous and inconsiderate driving such as aggressive swerving, curb jumping, and sidewalk riding. The e-scooter will ‘speak’ to the rider, guiding them to correct their behavior.
- Read the full article on DealStreetAsia. A subscription may be required.
Creating safe spaces
- Co-founder and CEO Thuc Vu of 500-backed OhmniLabs discussed how its telepresence robots are playing a role in the return to the office.
- “Robots will enable people to have similar interactions and communication like before,” he said, adding it can bring back spontaneous ‘water cooler’ conversations with co-workers.
- He also shared that the startup launched OhmniClean, a robot that uses UV light for disinfection. This method has been proven by the World Health Organization (WHO) as an effective and chemical-free way to kill COVID and other pathogens.
- According to the startup, the robot takes less than 15 minutes to disinfect a 3,000 sq ft space, significantly reducing labor and capital costs compared to manual cleaning or stationary UV units.
- Watch the full interview here.
- “Stop thinking it’s business as usual,” co-founder and group CEO of 500-backed Grab Anthony Tan said to Forbes Asia on the startup’s successful pivot over the pandemic.
- He shared that Grab converted over 140,000 drivers into food delivery partners in a short period of time. He credits this flexibility to its super app strategy.
- Grab has also found traction in various other verticals. In 2020, in partnership with Singtel, it was granted a digital banking license in Singapore. According to the startup, its Singapore digibank is expected to roll out in the second quarter of 2022.
- In 2018, Grab launched GrabAds, its marketing and advertising unit. The unit grew over sixfold from last year’s quarter.
- Read the full interview on Forbes.