Hong Kong’s Gobee raises $9M to take on China’s bike-sharing unicorns worldwide
Hong Kong’s startup in the bike-sharing sector Gobee Bike announced a USD 9 million Series A round aimed at expanding its six-month-old dock-less bike rental service overseas.
Hong Kong’s Gobee Bike, one upstart which literally operates in the shadow of Ofo and Mobike, just announced a USD 9 million Series A round aimed at expanding its six-month-old dock-less bike rental service overseas.
The round was provided by Grishin Robotics, an internet-of-things fund led by Mail.Ru co-founder Dmitry Grishin, with participation from Alibaba's Hong Kong entrepreneurship fund. Gobee previously raised a pre-launch seed round led by Swiss Founders Fund.
Gobee was founded in February by Raphael Cohen (CEO) and Claude Ducharme (CTO), before going live in Hong Kong in April with a few initial hiccups.
Describing Hong Kong as its “proof of concept” market, Cohen said the plan is to expand the service into North America, Europe and other parts of Asia. He didn’t provide specific details of expansion markets, but said that Gobee already has people on ground in “several” global cities. Gobee is likely to be in the market to raise more funding to realize that globalization push soon, Cohen admitted.
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