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Egypt’s Rabbit Mobility Raises $1.3M

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.

 

 

 

 

 

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