California-based mobility startup Scooterson today raised funding of $1.75 million from ARSAT Industry, an Eastern European manufacturer known for making precision metal parts. Apart from ARSAT, a few investors from Singapore and India also participated in this round.
The team plans to set up a manufacturing unit for its first product with this fund raise. Scooterson is set to manufacture the world’s first intelligent electric kick-scooters, which use a combination of cloud/smartphone technology and big data analysis to understand and enhance a rider’s experience while ensuring energy efficiency and safety.
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