VOI Technology, the e-scooter startup from Sweden, raises $50M led by Balderton Capital

VOI Technology, an e-scooter startup headquartered in Sweden but with pan-European ambitions, has raised $50 million in Series A funding, confirming our earlier scoop. As I previously reported, London-based venture capital firm Balderton Capital has led the round, alongside LocalGlobe, Raine Ventures and previous VOI backer Vostok New Ventures. A source with knowledge of VOI's early fundraising tells me this is in actual fact two rounds effectively being announced at the same time, although both VOI and Balderton say this is not the case.