Movo grabs $22.5M to get more cities in LatAm scooting

INSUBCONTINENT EXCLUSIVE:
2017-founded Spanish startup targets cities in its home market and in markets across LatAm, offering last-mile mobility via rentable
electric scooters (e-mopeds and e-scooters) plotted on an app map
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.The Series A will also be used to grow its vehicle fleet in
in a statement, which seeks to paint micromobility as a solution for urban congestion and poor air quality