Bolt Bikes, the Sydney-based mobility startup has completed a Series A funding round of $11 million to expand to the US and globally.

The startup has announced also a rebrand with a new name, Zoomo, and visual identity to better reflect a customer base that includes corporate clients and everyday consumers. The startup was before that growing exponentially and provided sustainable transportation for thousands of American gig workers through partnerships with delivery companies like Doordash and Uber Eats.

 The round was led by  Australian Clean Energy Finance Corporation (CEFC) with Equity investment from Hana Ventures and existing investors: Maniv Mobility and Contrarian Ventures. OneVentures and Viola Credit completed the capital raise with venture debt.