SINGAPORE: Singapore’s sidewalks are about to get a lot more crowded. Beam, founded by the former Asian chief for Chinese bike-sharing giant Ofo Inc, has raised US$6.4mil from investors including Sequoia India to deploy its electric scooters around the island nation.
Beam just closed a seed funding round led by Sequoia India, Founders Fund, ZhenFund and Glass 5 Global, Beam said in a statement. Its other backers include Arbor, Insignia, 500 Startups, Gobi and K2 Global.
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