Paris’ commercial court has accepted Cooltra’s offer to acquire Cityscoot. These two companies provide shared electric mopeds that you can unlock and ride to go from one place to another. Cityscoot had been placed under court-ordered receivership several months ago. As interest rates hovered around 0% in Europe, micromobility startups thrived. Europe became the perfect […]
Signalling more consolidation may come, smart-bus startup Zeelo acquires Kura, a smaller player
A small UK startup which combined a school bus service with a software platform to safeguard pupils has been acquired by ‘Smart buses’ startup Zeelo, which last year raised a $ 14 million war chest for expansion. Founded in the UK in 2010, Kura, which had previously raised £3.8 million in a Private Equity round […]