Asian Businesses

In Brief: Singapore’s e-scooter rental startup Neuron Mobility launches in Canada

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The story: Neuron Mobility, a Singapore headquartered rental electric scooter operator, has launched into Canada, after winning a contract to operate in Ottawa, in the coming month.

More about the story: Neuron will be launching its safety-leading N3 e-scooters which electronically secures a safety helmet to every e-scooter.

The e-scooter will also be fitted with bilingual voice guidance, in English and French, to educate users and help them ride
and park safely.

As of now, the company operates in cities across Australia, New Zealand, the UK, and South Korea.

Zachary Wang, CEO of Neuron Mobility said: “We’re delighted to launch in Ottawa. This year, more than ever before, Canadian cities are realising the benefits of e-scooters, and we think we are well-placed to meet their needs.”

Ata Plus appoints Elain Lockman as new CEO, plans to go IPO

The story: Ata Plus, an online equity crowdfunding (ECF) platform, announced today that it has appointed Elain Lockman as its new CEO in addition to her role as co-founder and director.

More about the story: In line with this appointment, Ata Plus has also revealed its plans to go public.

“Our vision requires us to make considerable investments in both technology and regulatory infrastructure so as to readily
facilitate the new products and services we plan to launch in the short to medium term,” said Aimi Aizal Nasharuddin, Executive Director of Ata Plus.

Also Read: Ecosystem Roundup: Is Singaporean startup Team Labs legitimate?

“We feel that going public serves our needs best as it is in line with our philosophy to democratise investments by allowing public participation at this relatively early stage of our growth,” he added.

Hong-Kong’s blockchain gaming firm Animoca Brands raises US$88M

The story: Hong Kong-based blockchain gaming firm Animoca Brands has raised US$88.8 million in its latest funding round
Investors: Kingsway Capital, RIT Capital Partners, HashKey Fintech Investment Fund, AppWorks Fund, LCV Fund, Huobi, Octava, Ellerston Capital, Perennial, Axia Infinity Ventures, SNZ, Liberty City Ventures, and Metapurse.

What the funding will be used for: To develop new products, make strategic investments, and secure additional intellectual property licenses.

More about the story: With this new funding, Animoca Brands has also gained unicorn status.

According to Tech In Asia, the company went public on the Australian Securities Exchange in 2015 but was taken off the exchange last year due to governance, personnel, and non-compliance issues.

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Image Credit: Neuron Mobility

The post In Brief: Singapore’s e-scooter rental startup Neuron Mobility launches in Canada appeared first on e27.

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