Luup raises $30M ahead of Japan’s new micromobility rules

Variety
26-04-2023 | 06:54
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Luup raises $30M ahead of Japan’s new micromobility rules
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
Luup raises $30M ahead of Japan’s new micromobility rules

Japanese shared micromobility startup Luup has raised $30 million (4.5 billion yen) in a Series D financing round, which consists of 3.8 billion yen in equity and 700 million yen in debt.

Luup has now amassed a total of $68 million in equity, debt, and asset financing to date, at what sources said valued the firm at over $100 million. The company declined to comment on the valuation.

In light of the sector’s growing popularity, the Japanese government has been proactive in loosening e-scooter regulations to further stimulate the micromobility industry. Starting this July, amendments to the country’s Road Traffic Act will permit e-scooter users to ride without driver licenses or helmets, as long as they maintain a maximum speed of 20 kilometers per hour.
 

Luup

Raises

Japan

New

Micro mobility

Rules

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
Middle East News
2026-06-15

Netanyahu says Israeli forces to stay in Lebanon, Syria, Gaza 'as long as necessary'

LBCI
Middle East News
2026-01-12

Somalia ends port deals and security cooperation with UAE

LBCI
Lebanon News
2026-06-27

Berri urges Lebanese to avoid internal strife, quotes Imam Ali on times of discord

LBCI
Lebanon News
2026-04-10

Lebanese food importers deny fears of food crisis, say supplies sufficient for three months

Videos
d-none hideMe
LBCI
Lebanon News
2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

LBCI
Lebanon News
2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

LBCI
Lebanon News
2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

LBCI
Lebanon News
2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

LBCI
Lebanon News
2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

LBCI
Lebanon News
2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

LBCI
Lebanon News
2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

LBCI
Lebanon News
2026-06-19

Massive Israeli strikes hit South Lebanon under ceasefire conditions

LBCI
Lebanon News
2026-06-16

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
Lebanon News
08:52

Lebanon has not agreed to shortlist of countries that could verify Hezbollah's disarmament: Reuters

LBCI
Lebanon News
08:21

Dispute between Lebanon’s prime minister and defense minister under discussion, sources say

LBCI
News Bulletin Reports
12:55

Ali al-Taher hills: Between military confrontation and surrender scenario

LBCI
Lebanon News
10:39

Lebanon Cabinet approves fees on waste-generating products despite ministerial objections

LBCI
World News
10:32

Explosion rocks ammunition factory near Rome

LBCI
Lebanon News
03:24

Lebanon's defense minister apologizes to martyrs' families, vows to defend army's voice

LBCI
Lebanon News
05:53

Lebanon presidency denies media reports on Aoun-Trump meeting

LBCI
News Bulletin Reports
13:01

A new force for Lebanon's south? The debate over who will monitor the next phase after UNIFIL

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More