Singapore-headquartered Neuron Mobility has launched in Canada while Temasek Trust has entered into a strategic collaboration with SDG Impact, a UNDP initiative.
Neuron Mobility launches in Canada
Singapore-headquartered rental scooter operator Neuron Mobility has expanded its international footprint to Canada, according to an announcement.
The arrival of Neuron’s orange e-scooters to Ottawa signals the first of a number of Canadian cities the company plans to launch this year.
Over the last six months, the company has launched in eight cities in Australia and New Zealand, the United Kingdom and South Korea.
Neuron will be launching its N3 e-scooters that are fitted with the world’s first app-controlled helmet lock.
In September 2020, Neuron announced a funding round led by Australian venture capital firm, Square Peg, along with GSR Ventures, bringing its total Series A funding to $30.5 million.
Temasek Trust partners with SDG Impact
Temasek Trust has entered into a strategic collaboration with SDG Impact, a United Nations Development Programme (UNDP) initiative that provides businesses with tools to achieve sustainable development goals.
According to an announcement, this collaboration marks an important milestone in Temasek Trust’s journey to establish impact investing, which began in May 2019 with the launch of ABC World Asia.
ABC World Asia invests in companies that drive positive change by addressing the world’s most pressing challenges. Its investment themes include financial and digital inclusion, better health and education, climate and water solutions, sustainable food and agriculture, and smart and liveable cities.
In 2020, ABC World Asia deployed close to $100 million into companies across its focus sectors in the Asia-Pacific.
Temasek Trust joined UNDP’s SDG Impact Steering Group in 2019.