Singapore micromobility startup Beam secures $93M in Series B funding led by Affirma Capital
Beam announced Friday a Series B funding round of $93 million led by Singapore-based private equity firm Affirma Capital. The round also saw participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDBI, AC Ventures, RTP Global, and Momentum Venture Capital, among others. Funds raised will be used to bring Beam’s shared micromobility vehicles and technologies into new markets such as Japan, Indonesia, the Philippines, Vietnam and Turkey.
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