Vammo receives $30M to scale e-motorcycle battery swapping across Latam

Vammo, the Brazilian electric mobility startup, secured a $30M Series A funding round led by Monashees, the climate tech fund 2150, and Maniv Mobility. 

Vammo offers an electric motorcycle rental service with a subscription model, providing users unlimited access to battery-swapping stations in Brazil.

 “Electric cars are still too expensive for a significant portion of the population. Our solution is a more affordable alternative and appeals to both affluent and lower-income individuals. Motorcycles play a crucial role in driving the transition to electric mobility in Brazil,” said Billy Blaustein, Vammo’s Co-Founder and COO.

With the new funding, Vammo plans to scale across Brazil in the short term and, eventually expand to other Latin American countries, starting with Colombia and Mexico.

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