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San Francisco-Based Ecosystem Integrity Fund Invests $45 Million in Vammo

Vammo, a startup headquartered in Sao Paulo, Brazil, specializing in the rental of electric motorcycles, has successfully secured $45 million in a recent funding round. This significant investment was spearheaded by the Ecosystem Integrity Fund, a prominent clean-tech investment firm located in San Francisco.

The funding will enable Vammo to expand its operations and enhance its fleet of electric motorcycles, catering to the growing demand for sustainable transportation solutions. With environmental concerns on the rise, Vammo aims to provide an eco-friendly alternative for urban mobility, contributing to the reduction of carbon emissions in densely populated cities.

As electric vehicles continue to gain traction globally, Vammo is well-positioned to capitalize on the shift towards greener transportation options. The investment from Ecosystem Integrity Fund underscores the increasing interest in clean technology startups and the potential for innovation in the electric mobility sector.

Vammo’s mission aligns with the broader goals of promoting sustainability and reducing reliance on fossil fuels, making it a key player in the electric vehicle rental market. With this new capital, Vammo is poised for growth and aims to expand its presence in additional markets, further solidifying its commitment to a cleaner, more sustainable future.

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Source: Original