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Korean micro mobility startup Swing grabs $24M for growth, expands to Japan

By

Kate Park TechCrunch

Monday, 7 February 2022

Swing, a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan.

The funding was led by White Star Capital, which also invested in Berlin-based Tier Mobility, and included existing backer Hashed, among others. With the fresh capital, Swing has raised a total of approximately $33 million (40 billion KRW) since its inception in 2019.

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