Movo

Movo currently operates in six cities across five countries - Spain, México, Colombia, Perú and Chile. It first launched an e-moped service in Madrid a year ago, according to a spokeswoman, and has since expanded domestic operations to the southern Spanish coastal city of Malaga, as well as riding into Latin America. The new funding is mostly pegged for further international expansion, with a plan to expand into new markets in LatAm including Argentina, Brazil and Uruguay. Movo is targeting operating in a total of 10 countries by the end of 2019.