Zoomo shapes future of delivery economy
One-stop shop for greener fleet delivery solutions
Sydney-based start-up Zoomo is gaining global attention for its market leading offering that is helping decarbonise the delivery economy. It is at the forefront of electrification of light vehicle transport, providing fleet management and delivery solutions that integrate vehicles, software, servicing and finance to provide an innovative end-to-end platform.
$24.8m
CEFC commitment
Decarbonising
delivery fleets
Unique
“full stack” model
We believe that the bike world is ready for disruption and that in five to ten years, light electric vehicles will be the predominant form of transportation. Zoomo is taking the lead in this transformation.Mina NadaCEO and co-founder, Zoomo
Our investment
The CEFC has committed $24.8 million to Zoomo across five capital raisings, with Virescent Ventures managing the investments on our behalf.
The Australian founded company is the only light electric vehicle company in the world that provides a one-stop shop of fleet management and delivery solutions, integrating vehicles, software, servicing and finance to provide an innovative end-to-end platform.
Engineered in Australia, Zoomo vehicles are built for durability and performance and operate across the United States, the United Kingdom, Europe and Australia as the company delivers on its mission to sustainably transition billions of urban delivery miles from mopeds, cars and trucks to light electric vehicles.
CEFC capital in Zoomo works alongside capital from a range of substantial industry leaders including Grok Ventures, Skip Capital, ArcTern Ventures, AirTree Ventures, Maniv Mobility, Contrarian Ventures, Winthrop Square, Wisdom VC and SG Fleet.
our impact
Zoomo’s goal of electrifying commercial delivery fleets is a critical step in meeting global emissions reduction targets, with light electric vehicles emerging as a sustainable option, disrupting the traditional delivery transport.
Rapid design improvements mean that light electric vehicles will increasingly outpace cars and vans in the delivery of meals, post, parcels and groceries, offering greater flexibility and lower emissions.
The company’s unique “full stack” model allows businesses to deploy and manage large fleets of carbon-friendly e-bikes at scale, supported by features like same-day servicing and anti-theft technology. Businesses and fleet managers are increasingly attracted to its quality commercial vehicles, on demand service, flexible financing and tech-enabled security features.
Zoomo has partnerships with Uber Eats, DoorDash and HungryPanda meal delivery businesses in Australia, and has among its UK and US clients NHS, GoPuff, FedEx and Domino’s.
Learn more about the Clean Energy Innovation Fund
