Yulu closes $93 Mn Series C led by GEF Capital

Yulu's Series C comprised $63 million in equity from GEF Capital and partners, plus debt, valuing the electric MaaS platform for the next phase of scale. Builders in shared mobility should watch: capital is flowing into profitable unit economics, not land-grab growth. If you're not on a path to positive unit economics, Series C is drying up.

Source: Entrackr ↗