Rabbit Mobility, an Egypt-based micromobility startup, has raised $1.3 million in a funding round led by 500 Global and Untapped Global, with participation from Angel Investors.

More to Know:

• Rabbit Mobility was founded in 2020 by Kamal ElSoueni, Mohamed Mansoury and Bassem Magued.
• It provides micromobility solutions through its fleet of electric scooters and bikes.
• The funds will be used for Egypt and North Africa expansion.
• Rabbit said more than 450,000 used its services.